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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Strip malls
603 Del Prado S Blvd Cape Coral, FL 33990-2637
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2165029
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,619 SF
Lot
0.37 ac (16,200 SF)
Zoning code
C1-D
APN
17-44-24-C4-01311.0130
UPID
US18-2165029
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
-
Genesis AC Repair Cape Coral HVAC Service General Contractor
-
El Patio Restaurant on the Cape Restaurant
-
Rent 1 Sale 1 Realty - Cape Coral Real Estate Agency
-
Charlene Rodriguez, Rent 1 Sale 1 Realty Real Estate Agency
-
Flying Souls Vapes, Pipes, Kratom, THC, Delta 8, 9, 10 & THCA ,E. Cigarette, CBD, Jewelry, Gifts, Snack Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Lago Cap Invs II INC · 6 yrs held
Lago Cap Invs II INC
since 2020
Last sale
$535,000
6 recorded transactions
Zoning & alternative use
C1-D · Cape Coral, 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 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
$775,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $535k (Jul 9 2020)
Last sale anchor
$535k
Jul 9 2020
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
$125 / 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
$9,454
Tax year 2023
Assessed value
$585,784
Assessed 2023
Previous assessed
$503,902
+16.2% YoY
Effective rate
1.61%
On assessed value
Assessed land
$118,506
Assessed improvement
$467,278
Land market value
$118,506
Improvement market value
$467,278
Total market value
$585,784
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
5,619 SF
Lot
0.37 ac (16,200 SF)
Zoning code
C1-D
APN
17-44-24-C4-01311.0130
UPID
US18-2165029
Jurisdiction
LEE
Zoning & alternative use
C1-D · Cape Coral, FL
Zoning C1-D · permitted uses
C1-D · 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.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Lago Cap Invs II INC
Entity
Mailing address
2325 STANFORD CT, NAPLES, FL 34112-4813
Ownership since
2020
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
Jul 9, 2020
$535,000
Lago Cap Invs II INC
Montalvo INC
Warranty Deed
$428,000 · Montalvo INC
May 29, 2018
$465,000
Montalvo INC
Properties Of S & O LLC
Warranty Deed
—
Jun 9, 2017
—
Properties Of S & O LLC
Ayyad,sanieh
Quit Claim Deed
related
—
Apr 28, 2016
$370,000
603 Del Prado Blvd Land Trust
Lader Building Land Trust
Warranty Deed
$259,000 · Lader Building Land Trust (ct)
Apr 28, 2016
—
603 Del Prado Blvd Land Trust
Frankel,bruce D
Quit Claim Deed
related
—
Nov 27, 2012
—
Lader Building Land Trust
Goldberg Morton
Quit Claim Deed
related
—
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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