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Property profile & analytics
OFF-MARKET
Estimated value
$6,470,000
Warehouses
730 19th Pl Cape Coral, FL 33909-5176
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3740608
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,629 SF
Lot
2.04 ac (88,862 SF)
Zoning code
CORR
APN
08-44-24-C1-00700.6945
UPID
US18-3740608
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
$7.21M
CAP Approach
CAP
$4.81M
Comparable Approach
Comparable
$4.40M
Blend (final)
Blend
$6.47M
Owner & transaction history
84 Properties LLC · 2 yrs held
84 Properties LLC
since 2023
Last sale
$9.0M
4 recorded transactions
Zoning & alternative use
CORR · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.4M
+62.3%
Retail stores
$9.3M
+60.9%
Office building
$6.6M
+13.9%
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
$7,060,000
ML approach
$7,210,000
CAP Approach
CAP Return
Estimation
6%
$5,205,000
6.5%
$4,805,000
7%
$4,460,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,795,000
Current use
MEDICAL BUILDING
$9,405,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$9,320,000
Change: +61% · Conversion: Moderate
OFFICE BUILDING
$6,600,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$6.47M
Range $5.82M – $7.12M · ±10% · vs last sale $9.00M (Dec 26 2023)
Last sale anchor
$9.00M
Dec 26 2023
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
$211 / 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
$40,472
Tax year 2023
Assessed value
$3,344,651
Assessed 2023
Previous assessed
$3,344,651
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$553,361
Assessed improvement
$2,791,290
Land market value
$553,361
Improvement market value
$2,791,290
Total market value
$3,344,651
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
4
Total area
30,629 SF
Lot
2.04 ac (88,862 SF)
Zoning code
CORR
APN
08-44-24-C1-00700.6945
UPID
US18-3740608
Jurisdiction
LEE
Zoning & alternative use
CORR · Cape Coral, FL
Zoning CORR · permitted uses
CORR · 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
$5.8M
MEDICAL BUILDING
Est. value
$9.4M
RETAIL STORES
Est. value
$9.3M
OFFICE BUILDING
Est. value
$6.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
2.04 ac
Current owner
From public records · entity-resolved
84 Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1019 RTE 519TH #5, EIGHTY FOUR, PA 15330-2813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 26, 2023
$9,000,000
84 Properties LLC
Cc Home Builders LLC
Warranty Deed
—
Mar 30, 2020
$3,650,000
Cc Home Builders LLC
Merits Holding Company INC
Warranty Deed
$4,092,680 · Bbva USA
May 15, 2000
—
Merits Holding Co INC
—
Grant Deed
related
$560,000 · Bank Of America
Apr 3, 2000
$239,800
Merits Holding Co
Weisberg-beck Trust
Grant Deed
—
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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