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Property profile & analytics
OFF-MARKET
Warehouses
941 11th Ave, Cape Coral, FL 33990-3038
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0366042
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,000 SF
Lot
0.2 ac (8,750 SF)
Zoning code
I-1
APN
19-44-24-C1-00771.0080
UPID
US19-0366042
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
-
CWG Landscape Inc Landscaping General Contractor
-
Aztec Irrigation & Landscaping, LLC Landscaping
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
Sierra Nevada Investments LLC · 12 yrs held
Sierra Nevada Investments LLC
since 2014
7 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
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
$5,323
Tax year 2023
Assessed value
$379,429
Assessed 2023
Previous assessed
$243,352
+55.9% YoY
Effective rate
1.40%
On assessed value
Assessed land
$115,878
Assessed improvement
$263,551
Land market value
$115,878
Improvement market value
$263,551
Total market value
$379,429
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,000 SF
Lot
0.2 ac (8,750 SF)
Zoning code
I-1
APN
19-44-24-C1-00771.0080
UPID
US19-0366042
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.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Sierra Nevada Investments LLC
Entity
Free & Clear · 12 yrs held
Mailing address
13023 TURTLE CV TRL, NORTH FORT MYERS, FL 33903-6908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
May 14, 2014
$135,000
Sierra Nevada Investments LLC
Curtin-elardo,joann
Warranty Deed
—
May 16, 2011
$125,000
Joann C Elardo
Wells Fargo Bk NA
Grant Deed
—
Dec 29, 2010
$10,100
Fargo Bk NA Wells
D & T Framing Of Sw Flori Coc
Trustees Deed
related
—
Aug 2, 2006
$425,000
D & T Framing Of Sw Florida INC
Michael S Wiseman
Warranty Deed
$361,000 · Wachovia Sba Lending INC
Jan 10, 2001
$100,000
Michael S Wiseman
Wiseman,michael S
Quit Claim Deed
related
$21,635 · Cape Coral National Bank
Jan 6, 1998
$135,000
Michael S Wiseman
Car & Truck Tire Services INC
Grant Deed
$108,000 · Cape Coral National Bank
—
—
Michael S Wiseman
—
Deed Of Trust
related
$210,000 · Fifth Third 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.
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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