Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,235,000
Medical Office Space
8925 Colonial Ctr Dr Fort Myers, FL 33905-7813
Entity Owned
20-yr Hold
Property ID
US18-3558415
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
CONCRETE
Total area
20,741 SF
Lot
5.89 ac (256,612 SF)
Zoning code
CG C1
APN
28-44-25-P3-00200.0100
UPID
US18-3558415
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
-
LPG Hematology/Oncology - Regional Cancer Center Medical Clinic Hospital
-
Hematology/Oncology | Dee Steeb, PA Medical Clinic
-
Hematology & Oncology | Venkata Parsa, MD Physician
-
Mark Bloomston - Mark Bloomston MD Physician
-
Dr Luiz Pita De Oliveira Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.00M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$3.24M
Owner & transaction history
Cb Medical North LLC · 20 yrs held
Cb Medical North LLC
since 2005
3 recorded transactions
Zoning & alternative use
CG 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,325,000
6.5%
$3,995,000
7%
$3,710,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,140,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,905,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$3.24M
Range $2.91M – $3.56M · ±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
$156 / 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
$26,056
Tax year 2023
Assessed value
$5,776,624
Assessed 2023
Previous assessed
$5,718,080
+1.0% YoY
Effective rate
0.45%
On assessed value
Assessed land
$968,069
Assessed improvement
$4,808,555
Land market value
$968,069
Improvement market value
$4,808,555
Total market value
$5,776,624
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
4
Total area
20,741 SF
Lot
5.89 ac (256,612 SF)
Zoning code
CG C1
APN
28-44-25-P3-00200.0100
UPID
US18-3558415
Jurisdiction
LEE
Zoning & alternative use
CG C1 · Fort Myers, FLZoning CG C1 · permitted uses
CG C1 · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
WAREHOUSE, STORAGE
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
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
2
Lot
5.89 ac
Current owner
From public records · entity-resolved
Cb Medical North LLC
Entity
Mailing address
4211 METRO PKWY STE #100, FORT MYERS, FL 33916-9526
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2008
—
Cb Medical North LLC
—
Deed Of Trust
related
$5,508,144 · Wells Fargo Bk Northwest (tr)
Sep 14, 2005
$3,181,500
Cb Medical North LLC
James M Goldie
Warranty Deed
$3,200,000 · Wrightwood Capital Lender LLC
—
—
Cb Medical North LLC
—
Deed Of Trust
related
$18,043,527 · Key Bank & Trust
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 8925 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.
