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Property profile & analytics
OFF-MARKET
Drive through restaurants
9211 Cypress Lk Dr Fort Myers, FL 33919-4941
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2535616
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
722 SF
Lot
0.18 ac (8,045 SF)
Zoning code
C-1A
APN
21-45-24-00-00015.0020
UPID
US18-2535616
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
-
Big Nick's BBQ - Fort Myers, FL Restaurant
-
Economy Tree Services Landscaping General Contractor
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
Tim Collier Insurnace Agency INC · 5 yrs held
Tim Collier Insurnace Agency INC
since 2020
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
C-1A · 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
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
$3,388
Tax year 2023
Assessed value
$237,598
Assessed 2023
Previous assessed
$236,350
+0.5% YoY
Effective rate
1.43%
On assessed value
Assessed land
$89,642
Assessed improvement
$147,956
Land market value
$89,642
Improvement market value
$147,956
Total market value
$237,598
Applied tax rate
68.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
722 SF
Lot
0.18 ac (8,045 SF)
Zoning code
C-1A
APN
21-45-24-00-00015.0020
UPID
US18-2535616
Jurisdiction
LEE
Zoning & alternative use
C-1A · Fort Myers, FL
Zoning C-1A · permitted uses
C-1A · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Tim Collier Insurnace Agency INC
Entity
Mailing address
911 AQUA LN, FORT MYERS, FL 33919-1802
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2020
$290,000
Tim Collier Insurnace Agency INC
Eats And Treats Etc LLC
Warranty Deed
$232,000 · First Horizon Bank
Jul 18, 2011
$175,000
Eats & Treats Etc LLC
Cohen,robin
Warranty Deed
$122,500 · Cohen Robin Trust (pt)
Jun 15, 2011
$230,600
Robin Cohen
South Texas INC
Deed In Lieu Of Foreclosure
—
May 25, 2010
$300,000
South Texas INC
Cohen,robin
Warranty Deed
$233,000 · Cohen Robin Trust (pt)
—
—
Robin Cohen
—
Deed Of Trust
related
$14,185 · First National Bank Ft Myers
—
—
Robin Cohen
—
Deed Of Trust
related
$60,000 · First National Bank Ft Myers
—
—
Cohen Trust
—
Deed Of Trust
related
$50,000 · First National Bank Ft Myers
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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