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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
921 11th Ave 925 Cape Coral, FL 33990-5012
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-0765117
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,375 SF
Lot
0.82 ac (35,738 SF)
Zoning code
I-1
APN
19-44-24-C1-00771.0150
UPID
US18-0765117
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
-
A1 Canvas, Inc. (Bike/Boat/Book/etc) Store
-
C.V.R Auto Repair Auto Repair Shop
-
A-Tech Auto LLC. Auto Repair Shop
-
Atlantis Commercial Diving Inc Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$823k
Blend (final)
Blend
$590k
Owner & transaction history
Mid Cape Storage LLC · 10 yrs held
Mid Cape Storage LLC
since 2015
6 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
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$570,000
Current use
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$135 / 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
$14,574
Tax year 2023
Assessed value
$1,085,493
Assessed 2023
Previous assessed
$705,797
+53.8% YoY
Effective rate
1.34%
On assessed value
Assessed land
$427,913
Assessed improvement
$657,580
Land market value
$427,913
Improvement market value
$657,580
Total market value
$1,085,493
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
5
Total area
4,375 SF
Lot
0.82 ac (35,738 SF)
Zoning code
I-1
APN
19-44-24-C1-00771.0150
UPID
US18-0765117
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$570,000
WAREHOUSE, STORAGE Current
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
5
Lot
0.82 ac
Current owner
From public records · entity-resolved
Mid Cape Storage LLC
Entity
Mailing address
PO BOX 236, SUNOL, CA 94586-0236
Ownership since
2015
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 23, 2020
—
Mid Cape Storage LLC
—
Deed
related
$315,000 · Charlotte St Bk&tr
Oct 30, 2015
$710,000
Mid Cape Storage LLC
925 Se 11th Ave LLC
Warranty Deed
$323,400 · Charlotte St Bk&tr
May 18, 2005
$1,250,000
925 Se 11th Avenue LLC
Hoskin,barbara J
Warranty Deed
$937,500 · Liberty Federal Savings Bank
Jul 15, 2004
—
Hoskin Jerry A Trust
Hoskin,jerry A & Barbara J
Quit Claim Deed
related
—
—
—
Mid Cape Storage LLC
—
Loan Modification
related
$315,000 · Charlotte St Bk&tr
—
—
925 Se 11th Avenue LLC
—
Deed Of Trust
related
$950,000 · Charlotte State Bank
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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