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Property profile & analytics
FOR SALE
Office Spaces
9703 Stringfellow Rd St James City, FL 33956
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4717082
For Sale
1 / 25
$3,000,000
9703 Stringfellow Rd, St James City, FL 33956
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2015
Construction
STEEL FRAME
Total area
4,000 SF
Lot
51.01 ac (2,221,996 SF)
Zoning code
AG-2 AG-2 AG-2
APN
33-44-22-00-00004.0020
UPID
US18-4717082
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
-
Sun Shrimp Tiki Restaurant
-
American Penaeid, Inc - API High Vigor Corporate Office
-
Eddy's Awesome Shrimp Restaurant
-
American Mariculture - Sun Shrimp Shrimp Farm Seafood Farm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.63M
Owner & transaction history
9703 Stringfellow LLC · 3 yrs held
9703 Stringfellow LLC
since 2022
7 recorded transactions
Zoning & alternative use
AG-2 AG-2 AG-2 · Saint James City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+13.5%
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 St James City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St James City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,485,000
Current use
AUTO REPAIR, GARAGE
$2,820,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10%
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
$908 / 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
$36,451
Tax year 2023
Assessed value
$2,439,532
Assessed 2023
Previous assessed
$2,267,154
+7.6% YoY
Effective rate
1.49%
On assessed value
Total market value
$2,997,250
Applied tax rate
7.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
2015
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Bathrooms
2
Total area
4,000 SF
Lot
51.01 ac (2,221,996 SF)
Zoning code
AG-2 AG-2 AG-2
APN
33-44-22-00-00004.0020
UPID
US18-4717082
Jurisdiction
LEE
Zoning & alternative use
AG-2 AG-2 AG-2 · Saint James City, FL
Zoning AG-2 AG-2 AG-2 · permitted uses
AG-2 AG-2 AG-2 · Saint James City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint James City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
2015
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
51.01 ac
Current owner
From public records · entity-resolved
9703 Stringfellow LLC
Entity
Mailing address
PO BOX 418, WAVERLY, PA 18471-0418
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
9703 Stringfellow LLC
Diane B Horsley
Correction Deed
related
$2,500,000 · Cargill Financial Services Internat
Dec 30, 2008
—
9703 Stringfellow LLC
Horsley Ross Trust
Warranty Deed
—
Jun 22, 2007
—
Ross A Horsley
Depine Properties LLC
Quit Claim Deed
related
—
Mar 23, 2005
—
Depine Properties LLC
Ziegler Rudolph W Trust
Grant Deed
—
Mar 23, 2005
$1,976,000
Horsley Ross Trust
Depine Properties LLC
Warranty Deed
—
Mar 23, 2005
$1,462,800
Depine Properties LLC
Schiffman,jack
Grant Deed
—
Apr 14, 2004
—
Zeigler Rudolph W JR Trust
Brett,jay A
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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