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Property profile & analytics
OFF-MARKET
Estimated value
$6,865,000
Drug stores
805 Cpe Coral E Pkwy Cape Coral, FL 33904-9012
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5600730
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,245 SF
Lot
1.34 ac (58,327 SF)
Zoning code
SC
APN
18-45-24-C1-01062.0010
UPID
US18-5600730
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
-
Walgreens Cosmetic Store
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy Pharmacy
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.08M
Blend (final)
Blend
$6.87M
Owner & transaction history
Project Summit Nlp LLC · 3 yrs held
Project Summit Nlp LLC
since 2022
Last sale
$6.8M
5 recorded transactions
Zoning & alternative use
SC · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.0M
+197.2%
Restaurant
$6.6M
+94.1%
Commercial (general)
$5.7M
+68.0%
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
$7,105,000
ML approach
$6,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,045,000
Change: +197% · Conversion: Difficult
RESTAURANT
$6,560,000
Change: +94% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,675,000
Change: +68% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,220,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$4,375,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$6.87M
Range $6.18M – $7.55M · ±10% · vs last sale $6.80M (Aug 31 2022)
Last sale anchor
$6.80M
Aug 31 2022
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
$482 / 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
$73,097
Tax year 2023
Assessed value
$4,419,494
Assessed 2023
Previous assessed
$4,212,888
+4.9% YoY
Effective rate
1.65%
On assessed value
Assessed land
$1,979,618
Assessed improvement
$2,439,876
Land market value
$1,979,618
Improvement market value
$2,439,876
Total market value
$4,419,494
Applied tax rate
56.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
14,245 SF
Lot
1.34 ac (58,327 SF)
Zoning code
SC
APN
18-45-24-C1-01062.0010
UPID
US18-5600730
Jurisdiction
LEE
Zoning & alternative use
SC · Cape Coral, FL
Zoning SC · permitted uses
SC · 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
AUTO REPAIR, GARAGE
Est. value
$10.0M
RESTAURANT
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$4.4M
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Project Summit Nlp LLC
Entity
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$6,798,000
Project Summit Nlp LLC
Walgreen Co
Special Warranty Deed
—
Dec 7, 2011
$1,500,000
Rkm Cape Coral LLC
Haque,afroza
Warranty Deed
—
Mar 2, 2011
$368,700
Afroza Haque
Mjm Oil INC
Grant Deed
—
Oct 18, 2007
$818,000
Mjm Oil INC
Exxonmobil Oil Corp
Grant Deed
$1,080,000 · Bank Of America
—
—
Cape Oil INC
—
Deed Of Trust
related
$20,000 · Lewis & Raulerson INC
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
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