New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,430,000
Hotels
1221 5th S Ave Naples, FL 34102-6417
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4043789
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Total area
51,644 SF
Lot
1.06 ac (46,174 SF)
Zoning code
NAPLES
APN
20762280009
UPID
US18-4043789
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 Embassy - Kingdom Community Int. Church
-
Accomodation - Comfort Inn Naples General Contractor
-
Bayfront Boat Rentals Boat Rental Service
-
Captain Arnold's Ecotour (Bike/Boat/Book/etc) Store
-
Flat Bottom Girl Charters Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.43M
Owner & transaction history
Bricks Mortar And More Us Investmen · 5 yrs held
Bricks Mortar And More Us Investmen
since 2021
Last sale
$17.0M
6 recorded transactions
Zoning & alternative use
NAPLES · 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
$20,455,000
ML approach
$11,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$26,310,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$18,135,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,595,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$10,215,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$16.43M
Range $14.79M – $18.07M · ±10% · vs last sale $17.00M (Jun 23 2021)
Last sale anchor
$17.00M
Jun 23 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
$318 / 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
$142,441
Tax year 2023
Assessed value
$15,392,825
Assessed 2023
Previous assessed
$14,671,532
+4.9% YoY
Effective rate
0.93%
On assessed value
Assessed land
$5,737,916
Assessed improvement
$9,654,909
Land market value
$5,737,916
Improvement market value
$9,654,909
Total market value
$15,392,825
Applied tax rate
282.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1986
Heating
NONE
Stories
5
Units
1
Total area
51,644 SF
Lot
1.06 ac (46,174 SF)
Zoning code
NAPLES
APN
20762280009
UPID
US18-4043789
Jurisdiction
COLLIER
Zoning & alternative use
NAPLES · Naples, FL
Zoning NAPLES · permitted uses
NAPLES · 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
Est. value
$26.3M
OFFICE BUILDING
Est. value
$18.1M
AUTO REPAIR, GARAGE
Est. value
$10.6M
WAREHOUSE, STORAGE
Est. value
$10.2M
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1986
Heating
NONE
Stories
5
Units
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Bricks Mortar And More Us Investmen
Individual
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2021
$17,000,000
Bricks Mortar And More Us Investmen
Gordon River Hotel Associates LLC
Special Warranty Deed
$10,500,000 · Maxim Credit Group INC
Nov 27, 2019
—
Gordon River Hotel Associates
—
Deed
related
$6,000,000 · Florida Cmnty Bk NA
—
—
Gordon River Hotel Associates
—
Loan Modification
related
$6,000,000 · Florida Community Bank
—
—
Gordon River Hotel Associates
—
Deed Of Trust
related
$5,100,000 · Fifth Third Bk
—
—
Gordon River Hotel Associates
—
Loan Modification
related
$5,100,000 · Fifth Third Bank
—
—
Gordon River Hotel Associates
—
Loan Modification
related
$6,000,000 · Florida Cmnty Bk 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1221 5th S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
