Entity Owned Property summary
AI-generated overview
This exceptional 6,000-square-foot Class A freestanding commercial building in Fort Myers, Florida, presents a unique investment opportunity. Located on a 0.54-acre lot at 9705 Commerce Center Ct, 33908, this single-story, 2013-built property is situated in an established office park near HealthPark Medical Center, a prime location within a rapidly growing commercial corridor. The building offers high visibility on Commerce Center Ct and Bass Road, with convenient access to all of Fort Myers via Summerlin Road. Half of the space is already built out as a medical office, providing immediate income potential, while the remaining half is a grey shell, allowing for flexible customization to suit various business needs. The property is currently vacant and zoned CPD, offering versatility for a wide range of professional uses. The asking price is $1,650,000, translating to $275 per square foot. This represents a compelling investment in a thriving market with strong potential for future appreciation. The property's strategic location and adaptable space make it an ideal choice for medical practices, creative agencies, or traditional office businesses seeking a prominent presence in a high-demand area.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2013
Total area
5,989 SF
Lot
0.14 ac (6,007 SF)
APN
04-46-24-21-00000.00A0
UPID
US18-7917106
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.71M
Owner & transaction history
since 2018
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Commercial (general)
$2.2M
+23.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.71M
Value range
$1.54M – $1.88M
±10% around blend
Estimated value / SF
$286 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
$1.54M
blend $1.71M
$1.88M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,989 SF
Lot area
0.14 ac
Year built
2013
Stories
1
APN
04-46-24-21-00000.00A0
Assessed value
$1,204,085
Annual tax
$13,064
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.69M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.83M
@ 6.5% CAP return
$1.69M
@ 7% CAP return
$1.57M
4
Sales comparison
Partial preview
Sales approach indication
$2.22M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.4 mi away · 6,008 SF
6.2 mi away · 4,512 SF
6.3 mi away · 4,705 SF
8.2 mi away · 6,000 SF
9.9 mi away · 5,670 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.71M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 31 sales
$290
-2%
Submarket 430 sales
$274
+4%
County 751 sales
$290
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $286/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+24%
vs current-use indication
Office Building · current use
Medical Building
Retail Stores
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.20M
Move the market yield to see immediate price impact.
Value / SF
$201
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$76k
$1.52M
$1.08M
$843k
$84k
$1.69M
$1.20M
$937k
$93k
$1.85M
$1.32M
$1.03M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$2.25M
2.3 mi · Nov 2025 · $373/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,064
Tax year 2023
Assessed value
$1,204,085
Assessed 2023
Previous assessed
$1,046,877
+15.0% YoY
Effective rate
1.08%
On assessed value
Assessed improvement
$1,204,085
Improvement market value
$1,204,085
Total market value
$1,204,085
Applied tax rate
68.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Bathrooms
1
Total area
5,989 SF
Lot
0.14 ac (6,007 SF)
APN
04-46-24-21-00000.00A0
UPID
US18-7917106
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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