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Property profile & analytics
OFF-MARKET
Estimated value
$2,195,000
Gas stations
946 Pne Is Rd Cape Coral, FL 33909-2552
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-0088069
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1986
Construction
STEEL FRAME
Total area
7,501 SF
Lot
1.8 ac (78,593 SF)
Zoning code
CORR
APN
07-44-24-C4-007N0.0000
UPID
US18-0088069
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
-
Tire Choice Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.69M
Blend (final)
Blend
$2.20M
Owner & transaction history
Patrick J Donlon · 3 yrs held
Patrick J Donlon
since 2022
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
CORR · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+116.8%
Commercial (general)
$3.0M
+87.7%
Neighborhood: shopping center
$2.7M
+72.5%
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
$2,270,000
ML approach
$2,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,595,000
Current use
RESTAURANT
$3,455,000
Change: +117% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,990,000
Change: +88% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,745,000
Change: +72% · Conversion: Difficult
MEDICAL BUILDING
$2,305,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$2,285,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$1,615,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.41M · ±10% · vs last sale $2.17M (Oct 7 2022)
Last sale anchor
$2.17M
Oct 7 2022
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
$293 / 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
$20,209
Tax year 2023
Assessed value
$1,132,791
Assessed 2023
Previous assessed
$1,114,009
+1.7% YoY
Effective rate
1.78%
On assessed value
Assessed land
$642,254
Assessed improvement
$490,537
Land market value
$642,254
Improvement market value
$490,537
Total market value
$1,132,791
Applied tax rate
57.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
7,501 SF
Lot
1.8 ac (78,593 SF)
Zoning code
CORR
APN
07-44-24-C4-007N0.0000
UPID
US18-0088069
Jurisdiction
LEE
Zoning & alternative use
CORR · Cape Coral, FL
Zoning CORR · permitted uses
CORR · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.6M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.6M
SERVICE STATION (FULL SERVICE) Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
1.8 ac
Current owner
From public records · entity-resolved
Patrick J Donlon
Individual
Free & Clear · 3 yrs held
Mailing address
6116 ELIZABETHAN DR, NASHVILLE, TN 37205-1222
Ownership since
2022
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
Oct 7, 2022
$2,172,000
Patrick J Donlon
Raj Store 11 LLC
Warranty Deed
—
Aug 13, 2019
$18,200
Raj Store 11 LLC
Ra Johnson INC
Warranty Deed
—
Oct 6, 2017
—
R A Johnson INC
—
Grant Deed
related
$3,300,000 · Encore Bk
Sep 26, 2014
$1,000,000
Ra Johnson INC
Fischer Cape Coral Props LLC
Grant Deed
$1,205,000 · Newtek Small Busn Fin
Jan 28, 2005
$825,000
Gran Roque Developers LLC
Sedgwick,dwight R & Roberta H
Warranty Deed
$750,000 · Dwight & Roberta H Sedgwick
—
—
Fischer Florida Props I LLC
—
Deed Of Trust
related
$11,050,000 · Branch Bk&tr
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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