New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,320,000
Automotive properties
8900 Colonial Ctr Dr, Fort Myers, FL 33905-7814
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5284935
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,947 SF
Lot
4.49 ac (195,584 SF)
Zoning code
C1
APN
28-44-25-P3-00200.0010
UPID
US18-5284935
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
-
Tesla Car Dealership
-
Tesla Solar Solar Energy Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.32M
Owner & transaction history
Nin Tsl LLC · 4 yrs held
Nin Tsl LLC
since 2022
Last sale
$8.1M
7 recorded transactions
Zoning & alternative use
C1 · 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
$8,615,000
ML approach
$8,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,740,000
Current use
RESTAURANT
$7,420,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$8.32M
Range $7.49M – $9.15M · ±10% · vs last sale $8.10M (Feb 9 2022)
Last sale anchor
$8.10M
Feb 9 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
$696 / 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
$83,058
Tax year 2023
Assessed value
$4,638,616
Assessed 2023
Previous assessed
$4,588,541
+1.1% YoY
Effective rate
1.79%
On assessed value
Assessed land
$3,297,455
Assessed improvement
$1,341,161
Land market value
$3,297,455
Improvement market value
$1,341,161
Total market value
$4,638,616
Applied tax rate
90.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
5
Total area
11,947 SF
Lot
4.49 ac (195,584 SF)
Zoning code
C1
APN
28-44-25-P3-00200.0010
UPID
US18-5284935
Jurisdiction
LEE
Zoning & alternative use
C1 · Fort Myers, FL
Zoning C1 · permitted uses
C1 · 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
AUTO REPAIR, GARAGE Current
Est. value
$8.7M
RESTAURANT
Est. value
$7.4M
AUTO REPAIR, GARAGE Current
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
4.49 ac
Current owner
From public records · entity-resolved
Nin Tsl LLC
Entity
Mailing address
1276 BAYVIEW CIR, WESTON, FL 33326-3333
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
Feb 9, 2022
$8,100,000
Nin Tsl LLC
Tiara Investment Properties LLC
Warranty Deed
$4,800,000 · Protective Life Insurance Co
Dec 6, 2016
$2,642
Tiara Investment Properties LLC
Germain Real Estate Company LLC
Quit Claim Deed
related
$1,575,000 · Jpmorgan Chase Bank NA
Oct 2, 2014
—
Germain Real Estate Co LLC
—
Loan Modification
related
$8,850,000 · Jp Morgan Chase Bk
Sep 24, 2013
$4,300,000
Germain Real Estate Company LLC
Shottenkirk Fort Myers LLC
Warranty Deed
$4,300,000 · Jpmorgan Chase Bank NA
Jun 9, 2005
$4,011,700
Shottenkirk Fort Myers LLC
I 75 & Colonial LLC
Warranty Deed
$4,000,000 · Wachovia Bank NA
Mar 2, 2004
$1,452,000
I-75 & Colonial LLC
I-75 Colonial Land Trust
Grant Deed
related
—
Feb 12, 2004
—
I-75 Colonial Land Trust
—
Deed Of Trust
related
$5,736,000 · Southern Community Bank Sw Fl
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 8900 Colonial Ctr Dr?
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.
