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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Flex space
5680 Halifax Ave Fort Myers, FL 33912-4417
Entity Owned
~
Est. High Equity
Property ID
US18-1330768
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,937 SF
Lot
0.69 ac (30,000 SF)
Zoning code
IL
APN
25-45-24-02-0000B.0060
UPID
US18-1330768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Ciano Company Big Box & Wholesale Store Building Supply
-
Plantation Shutters For You | #1 Shutters USA Home Decor Store Department Store
-
Plantation Shutters for you Home Decor Store Department Store
-
Custom Elite Finishes INC General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$2.06M
Owner & transaction history
5660 Halifax LLC
5660 Halifax LLC
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
IL · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,970,000
6.5%
$1,815,000
7%
$1,685,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,370,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$2.06M
Range $1.85M – $2.26M · ±10% · vs last sale $2.20M (Jun 29 2025)
Last sale anchor
$2.20M
Jun 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$159 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,874
Tax year 2023
Assessed value
$1,223,420
Assessed 2023
Previous assessed
$1,243,580
-1.6% YoY
Effective rate
1.30%
On assessed value
Assessed land
$440,340
Assessed improvement
$783,080
Land market value
$440,340
Improvement market value
$783,080
Total market value
$1,223,420
Applied tax rate
47.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
4
Total area
12,937 SF
Lot
0.69 ac (30,000 SF)
Zoning code
IL
APN
25-45-24-02-0000B.0060
UPID
US18-1330768
Jurisdiction
LEE
Zoning & alternative use
IL · Fort Myers, FL
Zoning IL · permitted uses
IL · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.4M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.69 ac
Current owner
From public records · entity-resolved
5660 Halifax LLC
Entity
Mailing address
5680 HALIFAX AVE, FORT MYERS, FL 33912-4417
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
—
5660 Halifax LLC
Mina Ciano
Quitclaim Deed
related
—
Sep 29, 2025
$2,200,000
5660 Halifax LLC
Catfish Jacks Properties LLC
Warranty Deed
$1,065,155 · Catfish Jacks Properties LLC
Feb 26, 2019
—
Catfish Jacks Properties LLC
—
Deed
related
$650,000 · Velocity Com'l Cap
Jul 6, 2012
$500,000
Catfish Jacks Properties LLC
Mlq-mll LLC
Grant Deed
—
Feb 25, 2008
—
5680 Halifax Ave LLC
Ciano,paul J
Warranty Deed
$2,850,000 · Encore Bank
Jan 14, 2008
—
Paul J Ciano
Ciano,paul J & Beverly J
Quit Claim Deed
related
—
Apr 3, 2002
$105,000
Paul Ciano
Harper Trust
Grant Deed
—
Dec 10, 1999
$79,700
Harper,daniel S
Mcnew,quinton B & Beverly H
Trustees Deed
—
Dec 10, 1999
$10,500
Harper,daniel S
Mcnew,quinton B
Trustees Deed
—
Dec 10, 1999
$31,800
Harper,daniel S
Harper Trust
Trustees Deed
related
—
Apr 5, 1999
$112,500
James F Parker
Harper,daniel R
Grant Deed
$440,000 · Old Florida Bank
—
—
Catfish Jacks Properties LLC
—
Deed Of Trust
related
$650,000 · Velocity Com'l Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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