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Property profile & analytics
OFF-MARKET
Investment properties
720 Pondella Rd North Fort Myers, FL 33903-5760
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5871868
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,701 SF
Lot
0.41 ac (17,726 SF)
Zoning code
C-1
APN
03-44-24-00-00054.0000
UPID
US18-5871868
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wellness Suite Weston LLC · 4 yrs held
Wellness Suite Weston LLC
since 2022
Last sale
$354,000
7 recorded transactions
Zoning & alternative use
C-1 · North 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$647
Tax year 2023
Assessed value
$44,325
Assessed 2023
Previous assessed
$304,361
-85.4% YoY
Effective rate
1.46%
On assessed value
Assessed land
$44,315
Assessed improvement
$10
Land market value
$44,315
Improvement market value
$10
Total market value
$44,325
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
3,701 SF
Lot
0.41 ac (17,726 SF)
Zoning code
C-1
APN
03-44-24-00-00054.0000
UPID
US18-5871868
Jurisdiction
LEE
Zoning & alternative use
C-1 · North Fort Myers, FL
Zoning C-1 · permitted uses
C-1 · 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.
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Wellness Suite Weston LLC
Entity
Mailing address
513 RACQUET CLB RD APT #54, WESTON, FL 33326-1873
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
—
Weston L L C
—
Deed
related
$199,400 · United States Small Business Admin
Jun 14, 2022
$354,000
Wellness Suite Weston LLC
Omnia B2b LLC
Warranty Deed
$224,000 · Omnia B2b LLC
May 2, 2012
$105,000
Omnia B2b LLC
Bayview Ln Svcg LLC
Grant Deed
—
Apr 5, 2012
$62,400
Bayview Ln Svcg LLC
La Bresa Prop Mgmt INC Coc
Trustees Deed
—
May 11, 2006
$465,000
Labresa Property Mgmt INC
Evoia INC
Warranty Deed
$348,800 · Integrity Financial
Jun 18, 1996
$2,500
Harold E Ruble
Wilkins,verne L & Phyllis E
Grant Deed
related
—
—
—
Labresa Property Mgmt INC
—
Deed Of Trust
related
$56,500 · Nick Lambropoulos
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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