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Property profile & analytics
OFF-MARKET
Estimated value
$2,510,000
Retail space
921 10th St Cape Coral, FL 33990-3143
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0558456
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
STEEL FRAME
Total area
9,147 SF
Lot
0.93 ac (40,493 SF)
Zoning code
C-1
APN
19-44-24-C1-00807.0310
UPID
US19-0558456
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
-
Western Union Bank Credit Union
-
Dollar General Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.51M
Owner & transaction history
Dg Cape Coral LLC · 4 yrs held
Dg Cape Coral LLC
since 2021
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.6M
+31.0%
Neighborhood: shopping center
$3.4M
+20.4%
Medical building
$2.8M
+0.9%
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
$2,840,000
ML approach
$2,825,000
CAP Approach
CAP Return
Estimation
6%
$2,300,000
6.5%
$2,120,000
7%
$1,970,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,785,000
Current use
COMMERCIAL (GENERAL)
$3,645,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,350,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$2,810,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$2,305,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.51M
Range $2.26M – $2.76M · ±10% · vs last sale $2.50M (Jul 19 2021)
Last sale anchor
$2.50M
Jul 19 2021
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
$274 / 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
$43,837
Tax year 2023
Assessed value
$2,845,105
Assessed 2023
Previous assessed
$2,845,105
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$1,213,332
Assessed improvement
$1,631,773
Land market value
$1,213,332
Improvement market value
$1,631,773
Total market value
$2,845,105
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
9,147 SF
Lot
0.93 ac (40,493 SF)
Zoning code
C-1
APN
19-44-24-C1-00807.0310
UPID
US19-0558456
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Dg Cape Coral LLC
Entity
Mailing address
1429 SE 14TH ST, FORT LAUDERDALE, FL 33316-2217
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
$2,500,000
Dg Cape Coral LLC
Palmetto Cape Coral Country Club Bl
Special Warranty Deed
$1,750,000 · West Michigan Community Bank
Apr 17, 2020
$440,000
Palmetto Cape Coral-country Cl
Hblb Properties III LLC
Warranty Deed
$1,912,083 · The First
Oct 5, 2005
—
Hblb Properties III LLC
Berman,ben
Quit Claim Deed
related
—
Apr 25, 2005
$640,000
Ben Berman
Batto,alfredo H & Carol A
Warranty Deed
—
Dec 5, 2001
$90,000
Alfredo H Batto
Avila,lorenzo & Sonia V
Grant Deed
—
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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