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    Property profile & analytics

    938 7th Ter Cape Coral, FL 33909-3131

    • Industrial properties
    • 4,800 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $730,000
    Last Sale
    Dec 01, 2021
    $690,000
    Location Intelligence
    Property ID
    US18-2774637
    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

    • Arrow Environmental Services / Lawn Care Service / Bird Control Service

    Property Details for 938 7th Ter

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.59 lot acres
    Property size
    4,800 SF
    Zone code
    CORR
    Property type
    Industrial properties
    APN
    07-44-24-C1-02011.0400
    APU
    074424C1020110400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $785,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $655,000
      7%
      $610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $575,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $675,000
      Retail
      $550,000
      Mixed-Use
      $570,000
      Hospitality
      $670,000
      Educational
      $620,000
      Residential Income
      $585,000
      Energy
      $510,000
      Income-Based Land
      $555,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9539
    Latitude
    26.6657
    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
    $9,417
    $193,177
    $402,410
    $595,587
    -
    $193,177
    $402,410
    $595,587

    Comparable in this City

    • Value Estimation by Request
      19,087 SF

      765 19th Pl

      INDUSTRIAL (GENERAL) • 19,087 SF
      765 19th Pl, Cape Coral, FL 33909-7803
      View Details
    • Value Estimation
      $295,000
      2,920 SF

      434 3rd Ave

      INDUSTRIAL (GENERAL) • 2,920 SF
      434 3rd Ave, Cape Coral, FL 33909-2509
      View Details
    • Value Estimation
      $275,000
      3,438 SF

      818 8th St

      INDUSTRIAL (GENERAL) • 3,438 SF
      818 8th St, Cape Coral, FL 33909-3152
      View Details
    • Value Estimation by Request
      19,200 SF

      1261 8Th St

      Flex space • 19,200 SF
      1261 8Th St, Cape Coral, FL 33909
      View Details
    • Value Estimation by Request
      30,000 SF

      820 24th Ln

      INDUSTRIAL (GENERAL) • 30,000 SF
      820 24th Ln, Cape Coral, FL 33909-2925
      View Details
    • Value Estimation by Request
      8,742 SF

      918 7th Ter

      INDUSTRIAL (GENERAL) • 8,742 SF
      918 7th Ter, Cape Coral, FL 33909-3151
      View Details

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    Similar Nearby for Lease

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    • $10 SF/Yr
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      250,000 SF distribution center opportunity in Cape Coral, Florida.
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    • $15 SF/Yr
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    • $21 SF/Yr
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      Prime Cape Coral Flex Space

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    • $17 SF/Yr
      6,795 SF

      Industrial Warehouse Space Available

      6,795 SF warehouse with overhead doors for lease.
      901 E Industrial Cir, Cape Coral, FL 33909
      View Details
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    938 7th Ter
    Cape Coral, FL 33909-3131
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    Realmo Value Estimation

    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.

    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.

    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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