Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,945,000
Warehouses
5828 Cpe Harbour Dr Cape Coral, FL 33914-8621
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3426362
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
STEEL FRAME
Total area
33,742 SF
Lot
1.82 ac (79,101 SF)
Zoning code
C-1 C-1 C-1
APN
21-45-23-C2-004C1.0000
UPID
US18-3426362
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
-
Cape Coral Boat Rentals Boat Rental Service
-
backwater marine & yacht brokerage (Bike/Boat/Book/etc) Store
-
Cape Coral Cycling (Bike/Boat/Book/etc) Store
-
Glati Yacht Sales Department Store
-
Norwood & Skiff Yacht Sales (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.30M
Comparable Approach
Comparable
$3.27M
Blend (final)
Blend
$4.95M
Owner & transaction history
Shm Cape Harbour LLC · 9 yrs held
Shm Cape Harbour LLC
since 2017
4 recorded transactions
Zoning & alternative use
C-1 C-1 C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.3M
+21.4%
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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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%
$5,735,000
6.5%
$5,295,000
7%
$4,915,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,990,000
Current use
OFFICE BUILDING
$7,270,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$4.95M
Range $4.45M – $5.44M · ±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
$41,447
Tax year 2023
Assessed value
$2,424,623
Assessed 2023
Previous assessed
$2,436,416
-0.5% YoY
Effective rate
1.71%
On assessed value
Assessed land
$501,173
Assessed improvement
$1,923,450
Land market value
$501,173
Improvement market value
$1,923,450
Total market value
$2,424,623
Applied tax rate
57.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
3
Total area
33,742 SF
Lot
1.82 ac (79,101 SF)
Zoning code
C-1 C-1 C-1
APN
21-45-23-C2-004C1.0000
UPID
US18-3426362
Jurisdiction
LEE
Zoning & alternative use
C-1 C-1 C-1 · Cape Coral, FL
Zoning C-1 C-1 C-1 · permitted uses
C-1 C-1 C-1 · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.0M
OFFICE BUILDING
Est. value
$7.3M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.82 ac
Current owner
From public records · entity-resolved
Shm Cape Harbour LLC
Entity
Mailing address
14785 PRESTON RD, DALLAS, TX 75254-7876
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2025
—
Shm Cape Harbour LLC
—
Deed
related
$285,060,000 · Jpmorgan Chase Bank NA
Jan 9, 2017
$13,000,000
Shm Cape Harbour LLC
Cre Cape Harbour Marina LLC
Trustees Deed
$18,536,000 · First United Bk
May 18, 2015
$5,113,600
Cre Cape Harbour Marina LLC
Realmark Cape Marina LLC
Grant Deed
—
Jul 29, 2003
$389,000
Realmark Marina Grill LLC
Realmark Cape Marina LLC
Grant Deed
related
$1,000,000 · Riverside Bank Gulf Coast
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5828 Cpe Harbour Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
