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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Theaters & concert halls
8540 Dayton Ave Fort Myers, FL 33907-4050
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-5452397
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1980
Construction
STEEL FRAME
Total area
10,650 SF
Lot
2.29 ac (99,906 SF)
Zoning code
CS-1 CS-1
APN
13-45-24-00-00001.2020
UPID
US18-5452397
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
-
NTFS Undelete (Bike/Boat/Book/etc) Store Corporate Office
-
eSupport.com, Inc. Electronics & Wireless Store
-
WebMinds, Inc. IT Consulting Firm Tech Support Center
-
Yvonne Wenzet Alternative Medicine Practice Spa & Massage Center
-
Iglesia La Roca Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Rock Chr Pentecostal Of Fort Myers · 4 yrs held
Rock Chr Pentecostal Of Fort Myers
since 2022
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
CS-1 CS-1 · 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 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
$575,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,185,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,125,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $850k (Dec 17 2021)
Last sale anchor
$850k
Dec 17 2021
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
$69 / 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
$18,394
Tax year 2023
Assessed value
$1,733,701
Assessed 2023
Previous assessed
$956,484
+81.3% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,000,060
Assessed improvement
$733,641
Land market value
$1,000,060
Improvement market value
$733,641
Total market value
$1,733,701
Applied tax rate
47.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
10,650 SF
Lot
2.29 ac (99,906 SF)
Zoning code
CS-1 CS-1
APN
13-45-24-00-00001.2020
UPID
US18-5452397
Jurisdiction
LEE
Zoning & alternative use
CS-1 CS-1 · Fort Myers, FL
Zoning CS-1 CS-1 · permitted uses
CS-1 CS-1 · 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
WAREHOUSE, STORAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
WAREHOUSE, STORAGE
RESTAURANT
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
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2.29 ac
Current owner
From public records · entity-resolved
Rock Chr Pentecostal Of Fort Myers
Individual
Free & Clear · 4 yrs held
Mailing address
8540 DAYTON AVE, FORT MYERS, FL 33907-4050
Mailing matches property
Yes
Owner-occupied
Yes
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
Mar 1, 2022
—
Rock Chr Pentecostal Of Fort Myers
National Fitness Clubs Of Florida I
Correction Deed
related
—
Dec 17, 2021
$850,000
Rock Chr Pentecostal Of Fort Myers
National Fitness Clubs Of Florida I
Warranty Deed
$990,000 · United Pentecostal Church Developme
Aug 29, 1997
$950,000
National Fitness Clubs Of Flor
Dayton Development Corporation
Grant Deed
—
—
—
National Fitness Clubs Of Flor
—
Deed Of Trust
related
$221,000 · Us Small Busn Admn
—
—
National Fitness Clubs Of Florida
—
Deed Of Trust
related
$32,784 · United Leasing Corp
—
—
National Fitness Clubs Of Flor
—
Deed Of Trust
related
$163,000 · United Leasing INC
—
—
National Fitness Clubs Of Fl I
—
Deed Of Trust
related
$50,000 · First National Bank Florida
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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