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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Drive through restaurants
9975 Corkscrew Rd Estero, FL 33928-3210
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-8935808
Property summary
AI-generated overview
This exceptional 3,219-square-foot freestanding retail building presents a remarkable opportunity for businesses seeking a prominent location in Estero, Florida. Situated on a spacious 1.11-acre lot in Lee County, this single-tenant property offers ample parking for customers and employees, ensuring convenient access and a positive shopping experience. The entire 3,219 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to perfectly suit their operational needs. The property's address is 9975 Corkscrew Road, Estero, FL 33928, placing it within a thriving commercial area with high visibility and accessibility. The building's design and layout are adaptable to a variety of retail uses, making it an ideal choice for businesses seeking a flexible and functional space. The property is available for lease or sublease, offering flexibility to potential tenants. With its prime location, ample parking, and substantial square footage, this retail space represents a significant opportunity for growth and success in the vibrant Estero market. The property is located in Lee County, Florida.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2000
Construction
FRAME
Total area
3,171 SF
Lot
1.11 ac (48,486 SF)
Zoning code
CC
APN
34-46-25-E2-U2128.2377
UPID
US18-8935808
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$530k
Owner & transaction history
10612 Sheldon Rd LLC · 8 yrs held
10612 Sheldon Rd LLC
since 2018
2 recorded transactions
Zoning & alternative use
CC · Estero, 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 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
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$167 / 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
$17,546
Tax year 2023
Assessed value
$1,396,453
Assessed 2023
Previous assessed
$1,387,437
+0.6% YoY
Effective rate
1.26%
On assessed value
Assessed land
$899,512
Assessed improvement
$496,941
Land market value
$899,512
Improvement market value
$496,941
Total market value
$1,396,453
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
3,171 SF
Lot
1.11 ac (48,486 SF)
Zoning code
CC
APN
34-46-25-E2-U2128.2377
UPID
US18-8935808
Jurisdiction
LEE
Zoning & alternative use
CC · Estero, FL
Zoning CC · permitted uses
CC · Estero, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Estero. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
10612 Sheldon Rd LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2808 LITHIA PINECREST RD, VALRICO, FL 33596-5611
Ownership since
2018
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 1, 2018
$1,600,000
10612 Sheldon Rd LLC
Messier,albert A
Warranty Deed
—
May 10, 2000
$225,000
Gulfcoast Beef Corp
Fj Associates INC
Grant Deed
$1,230,000 · Money Store Investment Corp
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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