New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,945,000
Office buildings
301 5th S Ave Naples, FL 34102-6523
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4047886
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Total area
9,595 SF
Lot
0.46 ac (20,038 SF)
Zoning code
NAPLES
APN
14020800001
UPID
US18-4047886
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
-
BOOKS FOR COLLIER KIDS, INC. (Bike/Boat/Book/etc) Store
-
Valet Pros Parking Station 5 Parking Lot & Garage
-
Sails Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$5.95M
Owner & transaction history
Neco 301 305 5th Avenue South LLC · 2 yrs held
Neco 301 305 5th Avenue South LLC
since 2023
Last sale
$7.8M
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
$6,155,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.95M
Range $5.35M – $6.54M · ±10% · vs last sale $7.80M (Oct 24 2023)
Last sale anchor
$7.80M
Oct 24 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
$620 / 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
$111,093
Tax year 2023
Assessed value
$8,392,080
Assessed 2023
Previous assessed
$8,051,882
+4.2% YoY
Effective rate
1.32%
On assessed value
Land market value
$9,371,700
Improvement market value
$3,193,120
Total market value
$12,564,820
Applied tax rate
259.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Heating
NONE
Stories
2
Units
1
Total area
9,595 SF
Lot
0.46 ac (20,038 SF)
Zoning code
NAPLES
APN
14020800001
UPID
US18-4047886
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.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
2
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Neco 301 305 5th Avenue South LLC
Entity
Mailing address
625 E MAIN ST, ASPEN, CO 81611-1935
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
Oct 24, 2023
$7,804,000
Neco 301 305 5th Avenue South LLC
305 Fifth Avenue South Holdings LLC
Special Warranty Deed
$153,500,000 · American General Life Insurance Co
Jun 9, 2017
—
305 Fifth Avenue South Holding
—
Loan Modification
related
$24,434,063 · Bank Of America
Oct 9, 2015
$9,978,791
305 Fifth Avenue South Holding
Naples Fifth Avenue 305 LLC
Grant Deed
—
Jan 31, 2014
—
Naples Fifth Avenue 305 LLC
Naples Fifth Avenue La Trust
Quit Claim Deed
—
Dec 31, 2013
$4,900,000
Naples Fifth Avenue Land Trust
Granite Naples 305 LLC
Grant Deed
—
Jul 5, 2007
$10,898,376
Granite Naples 305 LLC
725 Development Corp
Grant Deed
—
May 18, 2006
—
725 Dev Corp
—
Grant Deed
related
$6,534,800 · Investec Bank
Oct 6, 1999
$4,200,000
725 Development Corp
Miller Trust
Grant Deed
—
—
—
Naples Fifth Avenue 305 LLC|naples Fifth Avenue 36
—
Loan Modification
related
$56,000,000 · Pfp Holding Co IV LLC
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 301 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.
