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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Strip malls
5705 Lee Blvd Lehigh Acres, FL 33971-6342
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-1070804
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
STEEL FRAME
Total area
18,460 SF
Lot
3.34 ac (145,490 SF)
Zoning code
MU
APN
25-44-25-P3-0020B.0010
UPID
US18-1070804
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
-
Number 1 Healthy Food Big Box & Wholesale Store Food Market
-
Da Vita Lehigh Acres Medical Clinic
-
DaVita Gateway Dialysis Medical Clinic
-
Family Medicine | Juliana Odetunde, MD Pediatrician Physician
-
Lee Community Healthcare Inc. - Lehigh Acres Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
Ba & Ba Investments LLC · 14 yrs held
Ba & Ba Investments LLC
since 2011
6 recorded transactions
Zoning & alternative use
MU · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$156 / 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
$74,867
Tax year 2023
Assessed value
$4,299,553
Assessed 2023
Previous assessed
$4,075,570
+5.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$2,537,425
Assessed improvement
$1,762,128
Land market value
$2,537,425
Improvement market value
$1,762,128
Total market value
$4,299,553
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
18,460 SF
Lot
3.34 ac (145,490 SF)
Zoning code
MU
APN
25-44-25-P3-0020B.0010
UPID
US18-1070804
Jurisdiction
LEE
Zoning & alternative use
MU · Lehigh Acres, FL
Zoning MU · permitted uses
MU · 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.
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.34 ac
Current owner
From public records · entity-resolved
Ba & Ba Investments LLC
Entity
Mailing address
1614 COLONIAL BLVD STE #101, FORT MYERS, FL 33907-1135
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2011
$1,650,000
Ba & Ba Investments LLC
Rb Lee LLC
Grant Deed
—
Dec 10, 2009
—
Rb Lee LLC
Lee Boulevard West LLC Coc
Quit Claim Deed
related
—
Dec 3, 2009
—
Reliance Bk Fsb
Lee Boulevard West LLC Coc
Trustees Deed
related
—
Jan 30, 2006
$1,745,900
Lee Boulevard West LLC
Colonial Extension Trust
Grant Deed
$1,310,000 · Encore Bank
—
—
Ba & Ba Investments LLC
—
Deed Of Trust
related
$2,000,000 · Suntrust Bk
—
—
Lee Boulevard West LLC
—
Deed Of Trust
related
$4,149,911 · Reliance Fsb
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.
Try Rey
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