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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Manufacturing properties
198 Barfield Dr, Marco Island, FL 34145-5142
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-8011253
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
2016
Total area
11,308 SF
Lot
0.82 ac (35,719 SF)
Zoning code
MARCO
APN
57190520003
UPID
US18-8011253
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
$1.17M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.62M
Owner & transaction history
Fl Car Barn LLC
Fl Car Barn LLC
since 2026
4 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,085,000
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$143 / 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
$15,966
Tax year 2023
Assessed value
$1,699,011
Assessed 2023
Previous assessed
$1,620,608
+4.8% YoY
Effective rate
0.94%
On assessed value
Assessed land
$720,000
Assessed improvement
$979,011
Land market value
$720,000
Improvement market value
$979,011
Total market value
$1,699,011
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
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
2016
Heating
NONE
Stories
1
Total area
11,308 SF
Lot
0.82 ac (35,719 SF)
Zoning code
MARCO
APN
57190520003
UPID
US18-8011253
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.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Fl Car Barn LLC
Entity
Free & Clear · 0 yrs held
Mailing address
940 CPE MARCO DR UNIT #1901, MARCO ISLAND, FL 34145-6636
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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 31, 2026
—
Fl Car Barn LLC
Stephen J Garske Revocable Trust
Deed
—
Dec 4, 2009
$170,000
Paradise Marco Land Trust
Corinthian Plaza LLC
Warranty Deed
—
Oct 16, 2002
$535,000
Corinthian Plaza LLC
Good Earth Land LLC
Grant Deed
$400,000 · Good Earth Land LLC
Oct 16, 2002
—
Good Earth Land LLC
Stapels,mark D Tr
Grant Deed
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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