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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Manufacturing properties
3037 Van Buren Ave Naples, FL 34112-4463
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5508877
Property summary
AI-generated overview
This exceptional 0.4-acre commercial property at 3037 Van Buren Ave, Naples, FL, is listed at $1,900,000. Ideally situated in the heart of Naples, this property offers a unique blend of features perfect for automotive, light industrial, or related businesses. The existing structure includes a fully registered repair shop, providing immediate operational capabilities for a mechanic or similar enterprise. A substantial warehouse space complements the repair shop, offering ample storage and workspace. The property's versatility extends beyond its existing improvements
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Total area
2,400 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-5
APN
52701160006
UPID
US18-5508877
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
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$640k
Owner & transaction history
Ricol Holdings LLC
Ricol Holdings LLC
since 2025
Last sale
$700,000
2 recorded transactions
Zoning & alternative use
C-5 · Naples, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$940,000
+27.4%
Retail stores
$920,000
+24.8%
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
$590,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$740,000
Current use
COMMERCIAL (GENERAL)
$940,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$920,000
Change: +25% · Conversion: Moderate
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $700k (Jun 3 2025)
Last sale anchor
$700k
Jun 3 2025
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
$4,506
Tax year 2023
Assessed value
$362,725
Assessed 2023
Previous assessed
$362,725
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$257,400
Assessed improvement
$105,325
Land market value
$257,400
Improvement market value
$105,325
Total market value
$362,725
Applied tax rate
63.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-5
APN
52701160006
UPID
US18-5508877
Jurisdiction
COLLIER
Zoning & alternative use
C-5 · Naples, FL
Zoning C-5 · permitted uses
C-5 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$940,000
RETAIL STORES
Est. value
$920,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1988
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Ricol Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2286 TAMIAMI TRL E, NAPLES, FL 34112-4818
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
$700,000
Ricol Holdings LLC
Vangoenner LLC
Warranty Deed
—
Mar 21, 2022
$550,000
Vangoenner LLC
Rodney M Dykes
Warranty Deed
$440,000 · United Community 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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