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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Gas stations
5785 Bayshore Rd North Fort Myers, FL 33917-3008
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-7671858
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,028 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CC
APN
36-43-24-00-00007.0010
UPID
US18-7671858
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.80M
Owner & transaction history
Johann Realty LLC · 5 yrs held
Johann Realty LLC
since 2021
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
CC · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+47.8%
Office building
$1.9M
+12.7%
Medical building
$1.9M
+9.4%
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 North Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$1,780,000
ML approach
$1,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,705,000
Current use
COMMERCIAL (GENERAL)
$2,520,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$1,925,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$1,870,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$1,830,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,660,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±10% · vs last sale $1.82M (Mar 12 2021)
Last sale anchor
$1.82M
Mar 12 2021
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
$255 / 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
$17,527
Tax year 2023
Assessed value
$1,187,724
Assessed 2023
Previous assessed
$1,180,900
+0.6% YoY
Effective rate
1.48%
On assessed value
Assessed land
$271,067
Assessed improvement
$916,657
Land market value
$271,067
Improvement market value
$916,657
Total market value
$1,187,724
Applied tax rate
39.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
7,028 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CC
APN
36-43-24-00-00007.0010
UPID
US18-7671858
Jurisdiction
LEE
Zoning & alternative use
CC · North Fort Myers, FL
Zoning CC · permitted uses
CC · North Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Johann Realty LLC
Entity
Mailing address
2354 127TH ST, COLLEGE POINT, NY 11356-2720
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2021
$1,816,000
Johann Realty LLC
Raj Store 8 LLC
Special Warranty Deed
$527,000 · Wauchula State Bank
Aug 13, 2019
$100
Raj Store 8 LLC
Ra Johnson INC
Grant Deed
related
$5,200,000 · Bankunited Fsb
Mar 15, 2018
—
Ra Johnson INC
—
Deed
related
$249,000 · Us Small Busn Admn
Oct 6, 2017
—
R A Johnson INC
—
Grant Deed
related
$3,300,000 · Encore Bk
Jul 20, 2017
$1,600,000
Surfsedge Jetty LLC
Ra Johnson INC
Warranty Deed
$500,000 · Encore Bk
Jun 18, 2015
—
Ra Johnson INC
Ra Johnson INC
Quit Claim Deed
related
—
Jun 2, 2014
—
Ra Johnson INC
Raj Land 8 LLC
Grant Deed
related
$3,775,000 · Newtek Small Busn Fin
Jul 2, 2007
—
State Of Florida Dept/transportat
Raj Land 8 LLC
Warranty Deed
related
—
Dec 12, 2005
$1,050,000
Raj Land 8 LLC
Rosier Patricia Trust
Warranty Deed
$1,480,000 · Wachovia Bank NA
Jun 1, 2005
$675,000
Rosier Patricia Trust
Eckerty Thomas G
Warranty Deed
—
—
—
Ra Johnson INC
—
Deed Of Trust
related
$249,000 · Us Small Busn Admn
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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