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Property profile & analytics
FOR SALE
Retail space
11280 Tamiami Trl N Naples, FL 34110
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-3500595
For Sale
1 / 7
$9,600,000
11280 Tamiami Trl N, Naples, FL 34110
View Listing →
Property summary
AI-generated overview
This exceptional opportunity presents a thriving, high-grossing restaurant and its associated real estate for sale in Naples, Florida. Located on the highly trafficked Tamiami Trail N (US 41), this 6,642 square foot, single-story building sits on a 1.01-acre lot with excellent visibility. The property enjoys a prime location within a successful retail center, adjacent to major retailers like Publix, Ferrari, BMW, and Walmart, and near Naples Community Hospital and Arthrex Corp. Boasting a Planned Development zoning, this Class A property offers significant potential for continued success in its current configuration or for repurposing. Built in 1998, the restaurant features a full liquor bar and currently operates as a dinner-only establishment. The asking price of $9,600,000 includes the fee simple real estate, all fixtures, furniture, and equipment (FF&E), and the established business. The sale price reflects the real estate value
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
6,332 SF
Lot
1.01 ac (43,996 SF)
Zoning code
PUD
APN
69587500200
UPID
US18-3500595
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
-
Watermark Grille Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Jamsol LLC · 7 yrs held
Jamsol LLC
since 2018
5 recorded transactions
Zoning & alternative use
PUD · Naples, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.6M
+1.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,525,000
Current use
OFFICE BUILDING
$3,560,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±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
$348 / 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
Tax billed
$19,961
Tax year 2023
Assessed value
$1,819,099
Assessed 2023
Previous assessed
$1,653,726
+10.0% YoY
Effective rate
1.10%
On assessed value
Land market value
$1,506,692
Improvement market value
$804,587
Total market value
$2,311,279
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1998
Heating
NONE
Stories
1
Units
1
Total area
6,332 SF
Lot
1.01 ac (43,996 SF)
Zoning code
PUD
APN
69587500200
UPID
US18-3500595
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
RETAIL STORES Current
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.6M
RETAIL STORES Current
OFFICE BUILDING
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
1998
Heating
NONE
Stories
1
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Jamsol LLC
Entity
Mailing address
11280 TAMIAMI TRL N, NAPLES, FL 34110-1622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2018
$1,568,145
Jamsol LLC
Malos Corp
Warranty Deed
—
Jul 16, 1997
$705,000
Malos Corp
Collier Development Corp
Grant Deed
$200,000 · Fifth Third Bank
—
—
Malos Corp
—
Deed Of Trust
related
$1,875,000 · Synovus Bk
—
—
Malos Corp
—
Deed Of Trust
related
$300,000 · Wachovia Bank NA
—
—
Malos Corp
—
Deed Of Trust
related
$1,876,000 · Branch Banking & Trust Co
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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