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Property profile & analytics
OFF-MARKET
Estimated value
$1,865,000
Medical Office Space
9911 Corkscrew Rd Estero, FL 33928-3323
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-4148111
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,659 SF
Lot
2.3 ac (100,196 SF)
Zoning code
CPD
APN
34-46-25-E2-U2120.2380
UPID
US18-4148111
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
-
Ms. Terry Warren Physician
-
Ashton Rety Pediatrician Medical Clinic
-
Mr. Vincent Munizza Physician
-
Zach Rosen - Realtor® Serving Estero & Southwest Florida Real Estate Agency
-
Spa Renova Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.87M
Owner & transaction history
9911 Corkscrew Road LLC · 10 yrs held
9911 Corkscrew Road LLC
since 2016
2 recorded transactions
Zoning & alternative use
CPD · Estero, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Commercial Planned Development (CPD) District is to provide lands and development options to accommodate commercial and office development with amenities, along with multiple-family, townhouse, live/work, hotel/motel, health care facilities, and other limited institutional development. Flexibility is provided, with an expectation that deve…
Zone name
Commercial Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
652.68 ac
Source
Realmo
Top alternative use upside
Retail stores
$3.0M
+9.9%
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 Estero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Estero 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%
$2,015,000
6.5%
$1,860,000
7%
$1,725,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,760,000
Current use
RETAIL STORES
$3,035,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±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
$193 / 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
$43,766
Tax year 2023
Assessed value
$3,393,570
Assessed 2023
Previous assessed
$4,707,432
-27.9% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,361,062
Assessed improvement
$2,032,508
Land market value
$1,361,062
Improvement market value
$2,032,508
Total market value
$3,393,570
Applied tax rate
316.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
9,659 SF
Lot
2.3 ac (100,196 SF)
Zoning code
CPD
APN
34-46-25-E2-U2120.2380
UPID
US18-4148111
Jurisdiction
LEE
Zoning & alternative use
CPD · Estero, FLZoning CPD · permitted uses
CPD · Estero, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Commercial Planned Development (CPD) District is to provide lands and development options to accommodate commercial and office development with amenities, along with multiple-family, townhouse, live/work, hotel/motel, health care facilities, and other limited institutional development. Flexibility is provided, with an expectation that development quality will surpass what is otherwise achievable through the conventional zoning districts.
Zone name
Commercial Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
652.68 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.8M
RETAIL STORES
Est. value
$3.0M
MEDICAL BUILDING Current
RETAIL STORES
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
9911 Corkscrew Road LLC
Entity
Free & Clear · 10 yrs held
Mailing address
10600 CHEVROLET WAY STE #201, ESTERO, FL 33928-4422
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2016
$2,716,762
9911 Corkscrew Road LLC
Corkscrew Management LLC
Warranty Deed
—
Jul 25, 2002
$800,000
Abaco Island Development Green
Miners,leroy & Margaret
Grant Deed
$644,000 · Florida Gulf 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.
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