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Property profile & analytics
OFF-MARKET
Distribution centers
914 24th Ln 3 Cape Coral, FL 33909-2918
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1302764
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1990
Total area
1,144 SF
Lot
0.31 ac (13,352 SF)
APN
30-43-24-C4-00200.0030
UPID
US18-1302764
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
-
Action Garage Door Repair & Opener Installation Building Supply General Contractor
-
Lee Carpet Cleaning Inc Carpet Cleaning Service
-
West Coast Biomedical Services Inc Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Margaret Barton · 1 yrs held
Margaret Barton
since 2025
Last sale
$43,472
6 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$1,916
Tax year 2023
Assessed value
$135,831
Assessed 2023
Previous assessed
$89,298
+52.1% YoY
Effective rate
1.41%
On assessed value
Assessed improvement
$135,831
Improvement market value
$135,831
Total market value
$135,831
Applied tax rate
57.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,144 SF
Lot
0.31 ac (13,352 SF)
APN
30-43-24-C4-00200.0030
UPID
US18-1302764
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Margaret Barton
Individual
Free & Clear · 1 yrs held
Mailing address
2534 NE 9TH AVE UNIT #1, CAPE CORAL, FL 33909-2928
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2025
—
Margaret Barton
David Barton And Margaret Barton Rl
Deed
related
—
Sep 23, 2022
—
David Barton
David Barton
Intrafamily Transfer
related
—
Sep 15, 2014
$43,472
David A Barton
Bruno Family Delaware LLC
Grant Deed
—
Jul 17, 2013
—
Series Three Of Bruno Family Dela
Bruno,joseph D & Deborah D
Quit Claim Deed
related
—
May 8, 2001
$50,000
Joseph D Bruno
Snider,thomas W & Joan
Grant Deed
$50,000 · Thomas W & Joan
Dec 3, 1998
$45,000
Thomas Snider
Holcomb,dale
Grant Deed
$25,000 · Seller
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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