New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,975,000
Distribution centers
1040 Collier Ctr Way, Naples, FL 34110-8479
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6025822
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Lot
0.54 ac (23,522 SF)
Zoning code
I
APN
64040000624
UPID
US18-6025822
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
-
Naples Eco Gardens & Supplies Garden Center Landscaping
-
CITE Solutions Home Appliance Store IT Consulting Firm
-
Botanicals On The Gulf (Bike/Boat/Book/etc) Store Florist
-
SOS - Rent A Potty Building Supply
-
P-Fit North Naples Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.98M
Owner & transaction history
Forefront Collier Venture LLC · 5 yrs held
Forefront Collier Venture LLC
since 2021
Last sale
$5.5M
3 recorded transactions
Zoning & alternative use
I · Naples, 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 Naples submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naples 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
$6,580,000
ML approach
$6,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.98M
Range $5.38M – $6.57M · ±10% · vs last sale $5.47M (May 20 2021)
Last sale anchor
$5.47M
May 20 2021
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
—
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
$4,502
Tax year 2023
Assessed value
$458,876
Assessed 2023
Previous assessed
$458,940
0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$445,500
Assessed improvement
$13,376
Land market value
$445,500
Improvement market value
$13,376
Total market value
$458,876
Applied tax rate
143.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Heating
NONE
Lot
0.54 ac (23,522 SF)
Zoning code
I
APN
64040000624
UPID
US18-6025822
Jurisdiction
COLLIER
Zoning & alternative use
I · Naples, FL
Zoning I · permitted uses
I · Naples, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naples. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
0.54 ac
Current owner
From public records · entity-resolved
Forefront Collier Venture LLC
Entity
Mailing address
1ST SMT AVE STE #150, OAKBROOK TERRACE, IL 60181-3952
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2021
$5,470,170
Forefront Collier Venture LLC
Business Lane Development INC
Warranty Deed
$4,102,628 · First Horizon Bank
Nov 1, 2010
—
Business Lane Dev INC
—
Deed Of Trust
related
$1,500,000 · First National Bank
Dec 17, 2004
—
Business Lane Dev INC
—
Trustees Deed
related
$1,012,500 · Community Bank Of Naples NA
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.
Try Rey
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