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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Flex space
5844 Enterprise Pkwy Fort Myers, FL 33905-5001
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5614146
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Construction
STEEL FRAME
Total area
7,000 SF
Lot
0.64 ac (27,748 SF)
Zoning code
IL
APN
10-44-25-01-00000.0300
UPID
US18-5614146
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
-
California Closets Annex Main Customs Office
-
Pool Enclosures General Contractor
-
PJ & Sons of SWFL Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$985k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Danny Mitchell · 2 yrs held
Danny Mitchell
since 2024
Last sale
$800,000
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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jan 16 2024)
Last sale anchor
$800k
Jan 16 2024
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
$114 / 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
$7,015
Tax year 2023
Assessed value
$571,868
Assessed 2023
Previous assessed
$619,739
-7.7% YoY
Effective rate
1.23%
On assessed value
Assessed land
$133,495
Assessed improvement
$438,373
Land market value
$133,495
Improvement market value
$438,373
Total market value
$571,868
Applied tax rate
144.0000
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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
7,000 SF
Lot
0.64 ac (27,748 SF)
Zoning code
IL
APN
10-44-25-01-00000.0300
UPID
US18-5614146
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.
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Danny Mitchell
Individual
Mailing address
1148 LORRAINE CT, CAPE CORAL, FL 33904-5938
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
$800,000
Danny Mitchell
Billy Creek LLC
Warranty Deed
—
Nov 2, 2018
$520,000
2018 Billy Creek LLC
Wareofrt LLC
Warranty Deed
$390,000 · Midwestone Bank
Mar 30, 2015
$470,000
Warefort LLC
Sensible Closet Co INC
Warranty Deed
—
Jan 20, 1998
$289,857
Sensible Closet Co INC
Garczynski,stanley J
Grant Deed
$267,300 · Seller
—
—
Sensible Closet Co
—
Deed Of Trust
related
$240,000 · Amsouth Bank
—
—
Sensible Closet Co INC
—
Deed Of Trust
related
$39,000 · Amsouth Bank
—
—
Sensible Closet Co
—
Deed Of Trust
related
$115,000 · Riverside Bank Gulf Coast
—
—
Sensible Closet Co INC
—
Deed Of Trust
related
$85,760 · Riverside Bank Gulf Coast
—
—
Sensible Closet Co INC
—
Deed Of Trust
related
$510,000 · Amsouth Bank
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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