Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

862 Lafayette St Cape Coral, FL 33904

FOR SALE
Retail space
Property ID
US18-3889700
9,044 SF 0.6 ac lot Built 2002
Last sale Sep 1996 · $55,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a two-story restaurant building with substantial foodservice infrastructure, including two commercial kitchens, a dedicated butcher room, six walk-in coolers, and three walk-in freezers, along with multiple restrooms. Electrical service includes phase-3 power. The second floor features an office with a small balcony overlooking the main floor, where the main dining area has a soaring ceiling. The building is associated with 862 Lafayette St. and includes building space with some…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.08M
Assessed land$220k
Assessed improvement$865k
Effective rate1.79%

Value estimate

· Oct 2026
$450k
$405k – $495k
Submarket $/SF estimate$1.36M
NOI build-up
Gross scheduled income$369k
Vacancy & credit loss−$22k
Operating expenses−$130k
NOI · 8.03% cap applied$217k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$237/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$139 – $357
Qualifying comparables5

Cap rate analysis

How does the asset earn?
8.03%
$217k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SC
South Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more...
General categoryCOMMERCIAL
JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.7
Garden Center9.4
Locksmith9.4

Location

862 Lafayette St Cape Coral, FL 33904
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1217 47th, Cape Coral, FL 33904-9844 $1,350,000 Dec 2024 6,000 SF
912 46th Ln, Cape Coral, FL 33904-8876 $900,000 May 2024 4,578 SF
874 46th, Cape Coral, FL 33904-8818 $1,990,000 Jun 2023 4,965 SF
805 Cpe Coral E, Cape Coral, FL 33904-9012 $6,798,000 Aug 2022 14,245 SF
340 Cpe Coral E, Cape Coral, FL 33904-8772 $450,000 Nov 2021 8,222 SF
4532 Del Prado S, Cape Coral, FL 33904-7441 $9,350,000 Oct 2021 5,415 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again