Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    965 Royal Marco Way Marco Island, FL 34145

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $699,000

    Land available in Collier County.

    Type:Land
    Added:
    Jun 24, 2025
    Days on Market:
    298
    Last Refresh:
    Mar 16 at 11:55 am

    Property Features for 965 Royal Marco Way

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Kristina Lambros
    Kristina Lambros

    Listing agent Kristina Lambros License #267511630

    Listing office Marco Island Sunshine Realty

    Listing date Jun 24, 2025

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marco Island Sunshine Realty

    Overview

    Land For Sale

    This property is a land parcel located in Collier County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Gym & Fitness Center Pharmacy Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Bar & Pub Electronics & Wireless Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marco Island
    County
    Collier
    State
    Florida
    Longitude
    -81.7426677
    Latitude
    25.9638492

    Nearby Similar for Sale

    • $1,995,000
      7,770 SF

      Marco Island Self-Storage Opportunity

      Self-storage facility on Marco Island with redevelopment potential.
      47 FRONT Street, Marco Island, FL 34145
      View Details
    • $358,000

      Marco Island Liveaboard Dock

      49' LOA floating concrete liveaboard dock in Marco Island.
      1402 N Collier Blvd lot: 87, MARCO ISLAND, FL 34145
      View Details
    • $320,000

      Marco Island Marina Boat Slip

      40' boat slip in Marco Island Marina for sale.
      1402 N Collier Boulevard, Marco Island, FL 34145
      View Details
    • $630,000

      Corner Lot on Marco Island

      Spacious corner lot available on Marco Island, Florida.
      1318 Freeport Avenue, Marco Island, FL 34145
      View Details
    • $795,000

      Marco Island Homesite in Estates

      Exceptional homesite for custom residence in a coveted location.
      965 LEO Court, Marco Island, FL 34145
      View Details
    • $795,000

      Marco Island Homesite in Estates

      Exceptional homesite in a coveted location, ready for custom build.
      965 Leo Ct lot: 14, MARCO ISLAND, FL 34145
      View Details
    • $1,000,000

      Waterfront Land on Key Marco

      1.34 acres to build your dream waterfront estate.
      1291 BLUE HILL CREEK Drive, Marco Island, FL 34145
      View Details
    • $575,000

      Marco Island Vacant Lot

      Exceptional 0.34-acre vacant lot in the Estates of Marco.
      1783 WATSON Road, Marco Island, FL 34145
      View Details
    • $575,000

      Marco Island Vacant Lot

      Exceptional 0.34-acre vacant lot in the Estates of Marco.
      1783 Watson Rd lot: 6, MARCO ISLAND, FL 34145
      View Details
    • $625,000

      Waterfront Land in Key Marco

      Vacant residential lot in gated waterfront community.
      1011 Blue Hill Creek Dr lot: 3, MARCO ISLAND, FL 34145
      View Details
    • $1,000,000

      Waterfront Land on Key Marco

      Exclusive waterfront lot to build your dream home.
      1272 BLUE HILL CREEK Drive, Marco Island, FL 34145
      View Details
    • $550,000
      936 SF

      Marco Island Commercial Condo

      C5 zoned commercial condo for business, car storage, warehouse.
      960 CHALMER Drive, Marco Island, FL 34145
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Collier County.
    Where is this land located?
    The property is located at 965 Royal Marco Way Marco Island, FL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Water view provides a serene backdrop.; Bay view enhances the property's appeal.; Trees/woods view offers a tranquil environment.
    (914) 850-9684
    We can help!
    Listing Contact
    Kristina Lambros
    Kristina Lambros
    Real Estate License ID: 267511630
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!