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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Grocery and convenience stores
Lee Blvd Lehigh Acres, FL 33971
Entity Owned
7-yr Hold
Free & Clear
Property ID
US19-0812132
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,112 SF
Lot
0.23 ac (10,000 SF)
Zoning code
CPD
APN
26-44-26-11-00067.0010
UPID
US19-0812132
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$2.58M
Owner & transaction history
Lehigh Dev LLC · 7 yrs held
Lehigh Dev LLC
since 2019
7 recorded transactions
Zoning & alternative use
CPD · Lehigh Acres, 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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±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
$128 / 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
$41,071
Tax year 2023
Assessed value
$3,398,447
Assessed 2023
Previous assessed
$80,000
+4,148.1% YoY
Effective rate
1.21%
On assessed value
Assessed land
$40,000
Assessed improvement
$3,358,447
Land market value
$40,000
Improvement market value
$3,358,447
Total market value
$3,398,447
Applied tax rate
48.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
20,112 SF
Lot
0.23 ac (10,000 SF)
Zoning code
CPD
APN
26-44-26-11-00067.0010
UPID
US19-0812132
Jurisdiction
LEE
Zoning & alternative use
CPD · Lehigh Acres, FL
Zoning CPD · permitted uses
CPD · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Lehigh Dev LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1597 MOCKINGBIRD DR, NAPLES, FL 34120-1675
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
$705,000
Lehigh Dev LLC
Frls Lee Boulevard LLC
Warranty Deed
—
Jun 4, 2008
—
Johnson W Cauthen
—
Trustees Deed
related
$1,350,000 · Colonial Bank
Mar 18, 2008
—
John Cauthen
—
Trustees Deed
related
—
Oct 21, 2003
$330,000
F R L S Lee Boulevard LLC
Siev INC
Grant Deed
—
—
—
Awesome Pine Flatwoods LLC
—
Deed Of Trust
related
$50,000 · First Community Bank Sw Fl
—
—
Bokeelia Back Bay Club LLC
—
Deed Of Trust
related
—
—
—
Johnson W Cauthen
—
Deed Of Trust
related
—
—
—
Frls Lee Boulevard LLC
—
Deed Of Trust
related
—
—
—
Frls Lee Boulevard LLC
—
Deed Of Trust
related
—
—
—
John Cauthen
—
Deed Of Trust
related
—
—
—
Frls Lee Boulevard LLC
—
Deed Of Trust
related
$441,200 · First Community Bank Sw Fl
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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