Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Industrial land
912 9th St Cape Coral, FL 33990
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0366037
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.17 ac (7,500 SF)
Zoning code
I-1
APN
19-44-24-C1-00766.0130
UPID
US19-0366037
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Wrev III Holdco LLC · 1 yrs held
Wrev III Holdco LLC
since 2024
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
I-1 · Cape Coral, 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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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
$580,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $500k (Jul 27 2023)
Last sale anchor
$500k
Jul 27 2023
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
—
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
$917
Tax year 2023
Assessed value
$62,050
Assessed 2023
Previous assessed
$47,050
+31.9% YoY
Effective rate
1.48%
On assessed value
Assessed land
$60,000
Assessed improvement
$2,050
Land market value
$60,000
Improvement market value
$2,050
Total market value
$62,050
Applied tax rate
314.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,500 SF)
Zoning code
I-1
APN
19-44-24-C1-00766.0130
UPID
US19-0366037
Jurisdiction
LEE
Zoning & alternative use
I-1 · Cape Coral, FL
Zoning I-1 · permitted uses
I-1 · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Wrev III Holdco LLC
Entity
Mailing address
35 MERCER ST APT 4E, NEW YORK, NY 10013-5816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
$1,251,851
Wrev III Holdco LLC
On Track Doors Holdings LLC
Special Warranty Deed
$815,000 · Cochran Family Partnership LP
Jul 27, 2023
$500,000
On Track Doors Holdings LLC
Swf Garage Doors & Screens LLC
Warranty Deed
—
Dec 15, 2020
$450,000
Triple H Prop Invs LLC
Skc Investments LLC
Warranty Deed
—
Dec 15, 2020
$111,429
Premier Cape Construction INC
Triple H Prop Invs LLC
Grant Deed
—
Mar 14, 2017
—
Swf Garage Doors
—
Deed
related
$240,000 · Sanibel Captiva Cmnty Bk
Apr 4, 2014
$230,000
Swf Garage Doors & Screens LLC
Corsentino,anthony M
Warranty Deed
—
May 3, 2013
$7,000
Anthony M Corsentino
Fifth Third Bk
Grant Deed
—
Mar 7, 2012
$100
Fifth Third Bk
Industrial Invs Land Trust
Trustees Deed
related
—
Jul 6, 1998
$170,000
Industrial Investments Land Tr
Lavecchio,thomas
Grant Deed
$155,000 · Seller
—
—
Industrial Investments Land
—
Deed Of Trust
related
$43,962 · Fifth Third Bank
—
—
Swf Garage Doors
—
Deed Of Trust
related
$240,000 · Sanibel Captiva Cmnty Bk
—
—
Industrial Investments Land Tr
—
Deed Of Trust
related
$100,000 · 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.
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 912 9th St?
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.