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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Grocery and convenience stores
9990 Interstate Commerce Dr Fort Myers, FL 33913-8260
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-1808006
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,013 SF
Lot
1.5 ac (65,148 SF)
Zoning code
CPD
APN
02-46-25-01-0000A.0000
UPID
US18-1808006
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
-
Citibank ATM Atm
-
7-Eleven Grocery & Convenience Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$665k
Owner & transaction history
Ft Myers Pooh LLC · 13 yrs held
Ft Myers Pooh LLC
since 2013
5 recorded transactions
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+51.8%
Office building
$905,000
+27.3%
Medical building
$800,000
+12.4%
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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$640,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Current use
COMMERCIAL (GENERAL)
$1,080,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$905,000
Change: +27% · Conversion: Moderate
MEDICAL BUILDING
$800,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$785,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$640,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$221 / 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
$29,750
Tax year 2023
Assessed value
$2,991,309
Assessed 2023
Previous assessed
$2,630,743
+13.7% YoY
Effective rate
0.99%
On assessed value
Assessed land
$2,404,450
Assessed improvement
$586,859
Land market value
$2,404,450
Improvement market value
$586,859
Total market value
$2,991,309
Applied tax rate
71.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
3,013 SF
Lot
1.5 ac (65,148 SF)
Zoning code
CPD
APN
02-46-25-01-0000A.0000
UPID
US18-1808006
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$905,000
MEDICAL BUILDING
Est. value
$800,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Ft Myers Pooh LLC
Entity
Free & Clear · 13 yrs held
Mailing address
101 W 55TH ST, NEW YORK, NY 10019-5343
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2013
$3,047,500
Ft Myers Pooh LLC
Alico 711 Holdings LLC
Grant Deed
—
May 18, 2010
$2,190,000
Crouch Investment Group LLC
Southwest Florida Inv Group Ll
Deed In Lieu Of Foreclosure
—
May 18, 2010
$1,881,900
Alico 711 Holdings LLC
Crouch Investment Group LLC
Warranty Deed
$1,881,840 · Pensam Capital Funding I LLC
Sep 13, 2005
$13,500,000
Southwest Florida Inv Grp LLC
Owner Name Unavailable
Grant Deed
related
$18,427,500 · National City Bank Midwest
—
—
Ft Myers Pooh LLC
—
Deed Of Trust
related
$21,104,400 · State Farm Life Insurance Co
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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