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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail space
1721 San Marco Rd Marco Island, FL 34145-5174
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0689690
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Total area
3,230 SF
Lot
0.29 ac (12,632 SF)
Zoning code
MARCO
APN
57190960003
UPID
US19-0689690
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
-
Insurance Solutions of SW Fl Insurance Agency
-
Isle Style & The Italian Guy Upholstery Furniture & Home Goods
-
Pay Day Plus Inc Accounting Firm
-
Andrew Hunter Enterprises Construction Company General Contractor
-
Marco Team Sports (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
1721 San Mrco LLC · 4 yrs held
1721 San Mrco LLC
since 2022
Last sale
$910,000
7 recorded transactions
Zoning & alternative use
MARCO · Marco Island, 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 Marco Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marco Island 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
$990,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,440,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $910k (Mar 10 2022)
Last sale anchor
$910k
Mar 10 2022
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
$293 / 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
$6,558
Tax year 2023
Assessed value
$697,825
Assessed 2023
Previous assessed
$446,334
+56.3% YoY
Effective rate
0.94%
On assessed value
Assessed land
$381,498
Assessed improvement
$316,327
Land market value
$381,498
Improvement market value
$316,327
Total market value
$697,825
Applied tax rate
58.0000
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
1984
Heating
NONE
Stories
1
Units
1
Total area
3,230 SF
Lot
0.29 ac (12,632 SF)
Zoning code
MARCO
APN
57190960003
UPID
US19-0689690
Jurisdiction
COLLIER
Zoning & alternative use
MARCO · Marco Island, FL
Zoning MARCO · permitted uses
MARCO · Marco Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marco Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (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
1984
Heating
NONE
Stories
1
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
1721 San Mrco LLC
Entity
Mailing address
PO BOX 1664, MARCO ISLAND, FL 34146-1664
Ownership since
2022
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 10, 2022
$910,000
1721 San Mrco LLC
Kishore Nayak
Warranty Deed
—
Oct 19, 2015
$840,000
Kishore Nayak
Kenneth E Moss JR
Warranty Deed
$300,000 · Encore Bank NA
Feb 6, 2006
$1,100,000
Kenneth E Moss JR.
Maile,cory S & Renee S
Warranty Deed
$825,000 · Marco Community Bank
Jul 26, 2001
$530,000
Cory S Maile
Your Dream Furniture INC
Grant Deed
$165,000 · Your Dream Furniture INC
—
—
Kenneth E Moss JR.
—
Deed Of Trust
related
—
—
—
Moss,kenneth E JR & Daphne H
—
Loan Modification
related
$676,330 · Mutual/omaha Bk
—
—
Cory S Maile
—
Deed Of Trust
related
$100,000 · Citizens Community Bank Fl
—
—
Cory S Maile
—
Deed Of Trust
related
$250,000 · Citizens Community Bank Fl
—
—
Kenneth E Moss JR.
—
Deed Of Trust
related
—
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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