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Property profile & analytics
OFF-MARKET
Estimated value
$11,725,000
Hotels
1555 5th S Ave Naples, FL 34102-3437
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3165544
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1989
Total area
43,923 SF
Lot
4.37 ac (190,357 SF)
Zoning code
NAPLES
APN
20763280008
UPID
US18-3165544
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
-
La Quinta Inn & Suites by Wyndham Naples Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.73M
Owner & transaction history
Laxmi Of Fifth Ave LLC · 3 yrs held
Laxmi Of Fifth Ave LLC
since 2023
Last sale
$13.6M
7 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
$10,750,000
ML approach
$8,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,425,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,010,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,690,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,305,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$11.73M
Range $10.55M – $12.90M · ±10% · vs last sale $13.63M (Mar 31 2023)
Last sale anchor
$13.63M
Mar 31 2023
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
$267 / 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
$103,206
Tax year 2023
Assessed value
$11,152,895
Assessed 2023
Previous assessed
$6,285,639
+77.4% YoY
Effective rate
0.93%
On assessed value
Assessed land
$5,025,075
Assessed improvement
$6,127,820
Land market value
$5,025,075
Improvement market value
$6,127,820
Total market value
$11,152,895
Applied tax rate
4.0000
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
1989
Heating
NONE
Stories
3
Units
1
Total area
43,923 SF
Lot
4.37 ac (190,357 SF)
Zoning code
NAPLES
APN
20763280008
UPID
US18-3165544
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
OFFICE BUILDING
Est. value
$15.4M
AUTO REPAIR, GARAGE
Est. value
$9.0M
WAREHOUSE, STORAGE
Est. value
$8.7M
INDUSTRIAL (GENERAL)
Est. value
$8.3M
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
3
Units
1
Lot
4.37 ac
Current owner
From public records · entity-resolved
Laxmi Of Fifth Ave LLC
Entity
Mailing address
1941 TAMIAMI TRL, PORT CHARLOTTE, FL 33948-2112
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$13,630,000
Laxmi Of Fifth Ave LLC
Cavalier Florida LP
Special Warranty Deed
$9,454,250 · Lake Michigan Cu
Mar 16, 2023
—
Cavalier Florida LP
—
Deed
related
$104,020,000 · Goldman Sachs Bank USA
Mar 15, 2022
—
Cavalier Florida LP
Cplg Wellesley Properties LLC
Special Warranty Deed
$104,020,000 · Deutsche Bank
Jun 11, 2018
—
Cplg Wellesley Properties L L C
—
Deed
related
$103,500,000 · Jpmorgan Chase Bank NA
Jun 17, 2013
—
Bre Of Wellesley Properties LLC
—
Deed Of Trust
related
$175,400,000 · Wells Fargo Bk #2007-bba8 (ce)
May 19, 2011
—
Bre Of Wellesley Properties LLC
—
Deed Of Trust
related
$175,400,000 · Wells Fargo Bk #2007-bba8 (ce)
Dec 16, 2004
—
Panthers Grey Oaks LLC
—
Deed Of Trust
related
$700,000,000 · * Other Institutional Lenders
Nov 24, 2004
$3,229,546
Bre Of Wellesley Properties LLC
Prime Hospitality LLC
Deed Of Trust
related
$361,158,000 · * Other Institutional Lenders
—
—
Bre Of Wellesley Properties LLC
—
Deed Of Trust
related
$48,504,960 · * Other Institutional Lenders
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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