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Property profile & analytics
OFF-MARKET
Estimated value
$145,000
Manufacturing properties
305 1st St Immokalee, FL 34142-4001
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US19-0515711
Property summary
AI-generated overview
This Immokalee commercial property, located at 305 1st St S, offers a fantastic opportunity for business owners. The property encompasses approximately 0.5 acres (combining 301 S 1st ST and 305 S 1st ST), featuring a building with roughly 1440 square feet of climate-controlled space. Previously utilized as a convenience store/cafeteria, the property boasts recent renovations completed in late 2020 and early 2021. These upgrades include fresh interior paint, new flooring, a modern water heater, updated bathrooms, and an improved lighting system. The property is zoned C-4, allowing for a variety of commercial uses, including the possibility of developing a hotel or motel. The property is available for immediate occupancy and is being offered for sale at $700,000 or for lease at $3,500 per month with a 5-year lease term and a 5% annual rent increase. Seller financing is available with a 40% down payment and a 5-year interest-only balloon loan. This high-traffic location presents a unique opportunity for a variety of businesses seeking a well-maintained and recently updated space in a thriving commercial area. A virtual tour is available for viewing.
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1975
Total area
1,440 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-4-MSOSD
APN
24370080008
UPID
US19-0515711
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$145k
Owner & transaction history
Jesus Diaz · 21 yrs held
Jesus Diaz
since 2005
3 recorded transactions
Zoning & alternative use
C-4-MSOSD · Immokalee, 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 Immokalee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Immokalee 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$145k
Range $131k – $160k · ±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
$101 / 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
$1,416
Tax year 2023
Assessed value
$85,784
Assessed 2023
Previous assessed
$77,985
+10.0% YoY
Effective rate
1.65%
On assessed value
Land market value
$120,000
Improvement market value
$22,566
Total market value
$142,566
Applied tax rate
5.0000
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
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
1975
Heating
NONE
Stories
1
Total area
1,440 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-4-MSOSD
APN
24370080008
UPID
US19-0515711
Jurisdiction
COLLIER
Zoning & alternative use
C-4-MSOSD · Immokalee, FLZoning C-4-MSOSD · permitted uses
C-4-MSOSD · Immokalee, FL
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
1975
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Jesus Diaz
Individual
Mailing address
305 S 1ST ST, IMMOKALEE, FL 34142-4001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2005
$220,000
Jesus Diaz
Salinas,leopoldo & Orfelinda
Warranty Deed
$100,000 · Felix Cruz
Apr 26, 2002
$50,000
Leopoldo Salinas
Cruz,felix
Grant Deed
$90,000 · Felix Cruz
Apr 26, 2002
$100,000
Leopoldo Salinas
Felix Grocery & Take Out Food
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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