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Property profile & analytics
OFF-MARKET
Estimated value
$9,350,000
Commercial real estate
2659 Professional Cir 1117 Naples, FL 34119-8092
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5077391
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2007
Total area
594 SF
APN
63955000341
UPID
US18-5077391
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
-
The Zehr Center for Orthopaedics Medical Clinic
-
Zehr Robert J MD Physician
-
Amanda Weaver Physician
-
Monique Raymond Physician
-
Christiane Riella, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.20M
Blend (final)
Blend
$9.35M
Owner & transaction history
Wish Development Florida Holdings L · 2 yrs held
Wish Development Florida Holdings L
since 2024
Last sale
$9.4M
5 recorded transactions
Zoning & alternative use
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
$9,350,000
ML approach
$9,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.35M
Range $8.42M – $10.29M · ±10% · vs last sale $9.35M (Jan 16 2024)
Last sale anchor
$9.35M
Jan 16 2024
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
$15,741 / 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
$1,391
Tax year 2023
Assessed value
$136,561
Assessed 2023
Previous assessed
$136,561
+0.0% YoY
Effective rate
1.02%
On assessed value
Improvement market value
$148,500
Total market value
$148,500
Applied tax rate
98.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2007
Heating
NONE
Units
1
Total area
594 SF
APN
63955000341
UPID
US18-5077391
Jurisdiction
COLLIER
Zoning & alternative use
Zoning · permitted uses
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
2007
Heating
NONE
Units
1
Current owner
From public records · entity-resolved
Wish Development Florida Holdings L
Entity
Free & Clear · 2 yrs held
Mailing address
26 NESBITT RD STE #261, NEW CASTLE, PA 16105-3418
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2024
—
Wish Development Florida Holdings L
—
Deed
related
$3,000,000 · First National Bank Of Pennsylvania
Jan 16, 2024
$9,350,000
Wish Development Florida Holdings L
Northbrooke Professional Village Ll
Special Warranty Deed
—
May 22, 2015
—
Northbrooke Prof Village LLC
—
Trustees Deed
related
$3,110,000 · Fifth Third Bk
—
—
Northbrooke Prof Village LLC
—
Loan Modification
related
$5,090,000 · Fifth Third Bank
—
—
Northbrooke Prof Village LLC
—
Deed Of Trust
related
$16,580 · Fifth Third 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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