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Property profile & analytics
OFF-MARKET
Estimated value
$10,770,000
Office buildings
11190 Health Park Blvd Naples, FL 34110-5729
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US18-4370971
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
30,884 SF
Lot
20.34 ac (886,010 SF)
Zoning code
PUD
APN
27167550201
UPID
US18-4370971
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
-
NCH North Naples Hospital: Rosa S Cuen-Leon MD Pediatrician Medical Clinic
-
North Collier Emergency Emergency Services
-
The Brookdale Center for Healthy Aging & Rehabilitation Rehabilitation Center
-
Sponaugle John W DO Pediatrician Physician
-
Johnson Rebecca L MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.77M
Owner & transaction history
Naples Community Hospital INC · 21 yrs held
Naples Community Hospital INC
since 2004
1 recorded transaction
Zoning & alternative use
PUD · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,305,000
6.5%
$10,435,000
7%
$9,690,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,370,000
Current use
RETAIL STORES
$17,200,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$10.77M
Range $9.69M – $11.85M · ±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
$349 / 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
Assessed value
$111,489,112
Assessed 2023
Previous assessed
$103,710,627
+7.5% YoY
Assessed land
$12,756,863
Assessed improvement
$98,732,249
Land market value
$12,756,863
Improvement market value
$98,732,249
Total market value
$111,489,112
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
9
Stories
1
Units
9
Total area
30,884 SF
Lot
20.34 ac (886,010 SF)
Zoning code
PUD
APN
27167550201
UPID
US18-4370971
Jurisdiction
COLLIER
Zoning & alternative use
PUD · Naples, FL
Zoning PUD · permitted uses
PUD · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$17.4M
RETAIL STORES
Est. value
$17.2M
OFFICE BUILDING Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Buildings
9
Units
9
Lot
20.34 ac
Current owner
From public records · entity-resolved
Naples Community Hospital INC
Entity
Mailing address
350 7TH ST N, NAPLES, FL 34102-5754
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2004
—
Naples Community Hospital INC
—
Deed Of Trust
related
$38,000,000 · Wachovia Bank 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.
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