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    Property profile & analytics

    9250 Corkscrew Rd Ste, Unit 17 Estero, FL 33928-3217

    • Office buildings
    • 1,360 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3494932
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 9250 Corkscrew Rd Ste

    Year built
    2005
    Lot size
    0.66 lot acres
    Property size
    1,360 SF
    Property type
    Office buildings
    APN
    34-46-25-E1-15000.0017
    APU
    344625E1150000017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $340,000
      6.5%
      $315,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $275,000
      Market price range: $217k - $508k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Estero
    County
    Lee
    State
    Florida
    Longitude
    -81.8008
    Latitude
    26.4309
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,599
    $0.00
    $325,309
    $325,309
    -
    $0.00
    $325,309
    $325,309

    Comparable in this City

    • Value Estimation by Request
      960 SF

      21600 Corkscrew Woodlands Blvd

      OFFICE BUILDING (MULTI-STORY) • 960 SF
      21600 Corkscrew Woodlands Blvd, Estero, FL 33928-2400
      View Details
    • Value Estimation
      $320,000
      10,251 SF

      21101 Design Parc Ln

      OFFICE BUILDING • 10,251 SF
      21101 Design Parc Ln, Estero, FL 33928-9908
      View Details
    • Value Estimation
      $265,000
      1,382 SF

      9500 Corkscrew Palms Cir Ste, Unit 2

      PROFESSIONAL BUILDING • 1,382 SF
      9500 Corkscrew Palms Cir Ste, Estero, FL 33928-3307
      View Details
    • Value Estimation
      $215,000
      1,319 SF

      9450 Corkscrew Palms Cir Ste, Unit 201

      OFFICE BUILDING • 1,319 SF
      9450 Corkscrew Palms Cir Ste, Estero, FL 33928-6422
      View Details
    • Value Estimation
      $230,000
      1,366 SF

      9410 Corkscrew Palms Cir Ste, Unit 201

      OFFICE BUILDING • 1,366 SF
      9410 Corkscrew Palms Cir Ste, Estero, FL 33928-6425
      View Details
    • Value Estimation
      $215,000
      1,233 SF

      9410 Corkscrew Palms Cir Ste, Unit 202

      OFFICE BUILDING • 1,233 SF
      9410 Corkscrew Palms Cir Ste, Estero, FL 33928-6425
      View Details

    Similar Nearby for Sale

    • $1,671,111
      6,374 SF

      Estero Office Building For Sale

      6,374 SF office building available in Estero, Florida.
      20270 S Tamiami Trl, Estero, FL 33928
      View Details
    • $2,700,000
      Pending

      Estero Office Suites with Balconies

      Second-floor office suites with balconies in Estero, Florida, for sale.
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      70.04 Acres

      Estero Office Suite with Balcony

      Second-floor office suite with balcony in Coconut Point Mall.
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    • Contact for pricing
      0.75 Acres

      Estero Commercial Space Available

      Well-located commercial space in Estero, near major tenants and landmarks.
      21740 S Tamiami Trl, Estero, FL 33928
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    • $700,000
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      Estero Commercial Land - 5 Acres

      Prime 5-acre commercial lot, ideal for development.
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      View Details
    • Contact for pricing

      Land on Corkscrew Road

      Commercial land with high traffic frontage on Corkscrew Road.
      9201 Corkscrew Rd, Estero, FL 33928
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      End Cap Office Space Available

      3,200 SF end cap office space for lease.
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      View Details
    • $22 SF/Yr
      42,200 SF

      Estero Medical Office Space Available

      Modern medical office suites, ample parking.
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      View Details
    • $29 SF/Yr
      2,755 SF

      Medical Building Space For Lease

      Medical office space for lease in Estero, delivery Summer 2024.
      9441 Corkscrew Palms Cir, Estero, FL 33928
      View Details
    • $14 SF/Yr
      19,087 SF

      Retail/Office Suites on S Tamiami Trail

      Suites suitable for retail or office use on S Tamiami Trail.
      19970 S Tamiami Trl, Estero, FL 33928
      View Details
    • $25 SF/Yr
      7,228 SF

      Estero Office Space For Rent

      7,228 SF office space available for lease in Estero.
      9431 Corkscrew Palms Cir E, Estero, FL 33928
      View Details
    • Contact for pricing
      10,000 SF

      Horizon Park Retail Center: Bonita Springs

      Prime Retail Space: I-75 & Bonita Beach Rd
      I-75 & Bonita Bch Rd, Bonita Springs, FL 33928
      View Details
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    Estero, FL 33928-3217
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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