Updated Jul 17, 2025
Daniel Glaser Sam Schneider Tom Mammolito Of Imperium Capital LLC Meadow Partners Acquire Industrial Facility From Robert Wilenius For $1.5M In Fort Myers
4720 Laredo Avenue
$1,500,000
$288/SF
Building Size
5,200 SF
Asset Type
Industrial
Closing
Jul 13, 2025
About this deal
AI
The property located at 4720 Laredo Avenue is an industrial service facility, featuring a 5,200 square foot repair shop situated on 1.25 acres. The sale price for the property was $1,500,000, translating to a price per square foot of $288. The transaction occurred in the Fort Myers market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,500,000
- Address: 4720 Laredo Avenue
- Market: Fort Myers
- Square Footage: 5,200
- Price per Square Foot: $288
- Buyer: Daniel Glaser, Sam Schneider & Tom Mammolito - Imperium Capital LLC; Meadow Partners
- Seller: Robert Wilenius
The buyers, Daniel Glaser, Sam Schneider, and Tom Mammolito, are associated with Imperium Capital LLC and Meadow Partners. They also own the neighboring property at 4750 Laredo Avenue, indicating a strategic interest in the area.
On the Map
$1,500,000
$288/SF
Industrial
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Players
Fort Myers Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93