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Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Office buildings
8255 College Pkwy Fort Myers, FL 33919-5119
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US19-0602402
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2008
Total area
7,649 SF
Lot
0.34 ac (14,751 SF)
Zoning code
CPD
APN
15-45-24-50-00000.0002
UPID
US19-0602402
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
-
Advanced Pain Management-Spine Specs Physician
-
Daitch Jonathan S MD Physician
-
Frey, Michael E MD Physician
-
Park Center For Procedures Medical Clinic Hospital
-
Advanced Pain Management & Spine Specialists, Jonathan S. Daitch, MD & Wladislaw Fedoriw, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
$2.42M
Blend (final)
Blend
$2.15M
Owner & transaction history
Park Central LLC · 18 yrs held
Park Central LLC
since 2008
5 recorded transactions
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+45.4%
Medical building
$2.0M
+7.7%
Retail stores
$2.0M
+5.5%
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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,335,000
6.5%
$2,155,000
7%
$2,005,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,890,000
Current use
COMMERCIAL (GENERAL)
$2,745,000
Change: +45% · Conversion: Easy
MEDICAL BUILDING
$2,035,000
Change: +8% · Conversion: Easy
RETAIL STORES
$1,990,000
Change: +6% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,810,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±10%
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
$281 / 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
$41,675
Tax year 2023
Assessed value
$3,426,011
Assessed 2023
Previous assessed
$2,978,769
+15.0% YoY
Effective rate
1.22%
On assessed value
Assessed improvement
$3,426,011
Improvement market value
$3,426,011
Total market value
$3,426,011
Applied tax rate
68.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Bathrooms
6
Total area
7,649 SF
Lot
0.34 ac (14,751 SF)
Zoning code
CPD
APN
15-45-24-50-00000.0002
UPID
US19-0602402
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Heating
NONE
Stories
1
Bathrooms
6
Lot
0.34 ac
Current owner
From public records · entity-resolved
Park Central LLC
Entity
Mailing address
PO BOX 7122, FORT MYERS, FL 33919-0122
Ownership since
2008
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
May 14, 2020
—
Park Central LLC
—
Deed
related
$3,580,525 · Busey Bk
Jun 23, 2008
$747,600
Park Central LLC
Hst Building Investment LLC
Warranty Deed
—
Jun 29, 2007
$1,120,000
Hst Building Investment LLC
Park Central LLC
Warranty Deed
$3,139,500 · Southwest Cap Bk NA
—
—
Park Central LLC
—
Deed Of Trust
related
$500,000 · Florida Shores Bank
—
—
Park Central LLC
—
Loan Modification
related
$3,580,525 · Busey Bk
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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