Technical
Financial
Distress signals
Property profile

703 Tarpon Bay Rd Sanibel, FL 33957

OFF-MARKET
Turn key restaurants
Property ID
US18-3848297
12,915 SF 2.52 ac lot Built 1991
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Construction CONCRETE
Total area 12,915 SF
Lot 2.52 ac (109,815 SF)
Zoning code TCL
APN 26-46-22-T2-00005.0000
UPID US18-3848297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Property Management Company Apartment Rental Agency
  • Bar & Pub Restaurant
  • Restaurant

Location

703 Tarpon Bay Rd Sanibel, FL 33957-3105
Sanibel metro Census 80204 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.51M

Owner & transaction history

Zoning & alternative use

TCL · Sanibel, FL
Zoning description

The purpose of the TCL town center limited commercial district, like the TCG town center general commercial district, is also to provide for commercial and mixed-use development in the geographical center of the city. Be…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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