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4720 Laredo Avenue

Daniel Glaser Sam Schneider Tom Mammolito Of Imperium Capital LLC Meadow Partners Acquire Industrial Facility From Robert Wilenius For $1.5M In Fort Myers
SOLDIndustrial

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

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.

Players

Sam Schneider

Meadow Partners

Buyer

$76.9M

vol

15 deals

Buyer
Meadow Partners
Meadow PartnersBuyer

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