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Property profile & analytics
OFF-MARKET
Retail space
120 3rd St Immokalee, FL 34142-3740
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US19-0468415
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Total area
1,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
VR
APN
81681160003
UPID
US19-0468415
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carniceria Monterrey INC · 18 yrs held
Carniceria Monterrey INC
since 2008
4 recorded transactions
Zoning & alternative use
VR · Immokalee, 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 Immokalee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Immokalee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$1,654
Tax year 2023
Assessed value
$119,114
Assessed 2023
Previous assessed
$108,285
+10.0% YoY
Effective rate
1.39%
On assessed value
Land market value
$60,000
Improvement market value
$65,363
Total market value
$125,363
Applied tax rate
5.0000
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
Off-Market
Year built
1982
Heating
NONE
Stories
1
Total area
1,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
VR
APN
81681160003
UPID
US19-0468415
Jurisdiction
COLLIER
Zoning & alternative use
VR · Immokalee, FLZoning VR · permitted uses
VR · Immokalee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Carniceria Monterrey INC
Entity
Mailing address
20400 RIVERBROOKE RUN, ESTERO, FL 33928-2982
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
—
Carniceria Monterrey INC
—
Deed
related
$125,000 · First Bank
Feb 6, 2008
$161,250
Carniceria Monterrey INC
Angeles Enterprises INC
Warranty Deed
$211,500 · The International Bank Of Miami NA
May 22, 2003
$130,000
Angeles Enterprises INC
Sanchez,rafael
Grant Deed
—
Mar 15, 2002
$162,000
Rafael Sanchez
Pantry Shelf Of Immokalee INC
Grant Deed
$131,000 · Florida Community Bank
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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