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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Medical Office Space
5700 Lee Blvd Lehigh Acres, FL 33971-6355
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7698743
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,574 SF
Lot
1.72 ac (75,000 SF)
Zoning code
PUD
APN
25-44-25-P2-00700.0020
UPID
US18-7698743
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
-
Yesenia Martinez Regalado Pediatrician Physician
-
David R Physicians Primary Care Pediatrician Medical Clinic
-
Barry Blitz Physician Medical Clinic
-
Kathleen Shimp Physician
-
Veronique Fernandez-Salvador Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.04M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.56M
Owner & transaction history
Olympia Pointe Cmnty Assn INC · 12 yrs held
Olympia Pointe Cmnty Assn INC
since 2014
7 recorded transactions
Zoning & alternative use
PUD · Lehigh Acres, 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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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%
$2,205,000
6.5%
$2,035,000
7%
$1,890,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,495,000
Change: -17% · Conversion: Easy
RETAIL STORES
$2,450,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10%
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
$147 / 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
$38,452
Tax year 2023
Assessed value
$2,398,733
Assessed 2023
Previous assessed
$2,084,133
+15.1% YoY
Effective rate
1.60%
On assessed value
Assessed land
$738,863
Assessed improvement
$1,659,870
Land market value
$738,863
Improvement market value
$1,659,870
Total market value
$2,398,733
Applied tax rate
90.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
10,574 SF
Lot
1.72 ac (75,000 SF)
Zoning code
PUD
APN
25-44-25-P2-00700.0020
UPID
US18-7698743
Jurisdiction
LEE
Zoning & alternative use
PUD · Lehigh Acres, FL
Zoning PUD · permitted uses
PUD · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Olympia Pointe Cmnty Assn INC
Entity
Free & Clear · 12 yrs held
Mailing address
12730 NEW BRITTANY BLVD STE #602, FORT MYERS, FL 33907-4690
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
—
Lehigh Real Estate Partnership LLP
—
Deed
related
$1,611,942 · The Northern Trust Co
Feb 13, 2024
—
Lehigh Real Estate Partnership LLP
—
Deed
related
$1,611,942 · The Northern Trust Co
Apr 24, 2014
—
Olympia Pointe Cmnty Assn INC
Slv Olympia Pointe LLC
Quit Claim Deed
related
—
May 24, 2013
$480,000
Lehigh Real Estate Ptshp LLP
Royals INC
Warranty Deed
—
Sep 30, 2005
$1,950,000
Royals INC
Lee-buckingham Trust
Grant Deed
$950,000 · Bank Of America California NA
Jun 29, 2004
$1,729,500
Colonial Crossing Assocs LLC
Richards,r Q III
Grant Deed
—
—
—
Lehigh Real Estate Ptshp LLP
—
Deed Of Trust
related
$2,460,000 · Busey Bk
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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