Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,580,000
Outlet malls
790 Del Prado N Blvd Cape Coral, FL 33909-2253
Trust Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-5479788
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1981
Construction
STEEL FRAME
Total area
60,753 SF
Lot
4.38 ac (190,961 SF)
Zoning code
CORR
APN
07-44-24-C2-00003.0040
UPID
US18-5479788
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
-
Tacos San Miguel Food Trailer Restaurant
-
FOS Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.58M
Owner & transaction history
Corlew Patrick O Trust · 14 yrs held
Corlew Patrick O Trust
since 2012
7 recorded transactions
Zoning & alternative use
CORR · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$108 / 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
$51,348
Tax year 2023
Assessed value
$3,615,866
Assessed 2023
Previous assessed
$2,677,904
+35.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,599,795
Assessed improvement
$2,016,071
Land market value
$1,599,795
Improvement market value
$2,016,071
Total market value
$3,615,866
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
60,753 SF
Lot
4.38 ac (190,961 SF)
Zoning code
CORR
APN
07-44-24-C2-00003.0040
UPID
US18-5479788
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.
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.38 ac
Current owner
From public records · entity-resolved
Corlew Patrick O Trust
Trust
Mailing address
790 DEL PRADO BLVD N, CAPE CORAL, FL 33909-2253
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Nov 7, 2019
—
Patrick O Corlew
—
Deed
related
—
Sep 24, 2019
—
Patrick O Corlew
—
Deed
related
$3,000,000 · Capital Bank
Mar 22, 2012
—
Corlew Patrick O Trust
Corlew Carolyn S Trust
Quit Claim Deed
related
—
Jul 29, 2002
—
Patrick Corlew
Scottys INC
Grant Deed
related
—
Jun 21, 2002
$1,800,000
Patrick Corlew
Scottys INC
Grant Deed
$2,000,000 · First National Bank Florida
—
—
Patrick O Corlew
—
Deed Of Trust
related
$920,000 · Fifth Third Bank
—
—
Patrick O Corlew
—
Loan Modification
related
—
—
—
Corlew Patrick O Trust
—
Deed Of Trust
related
$1,835,000 · Fifth Third Bank
—
—
Patrick O Corlew
—
Deed Of Trust
related
$2,420,146 · Fifth Third 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 790 Del Prado N Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
