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Property profile & analytics
OFF-MARKET
Estimated value
$12,140,000
Manufacturing properties
3121 Goodlette-frank N Rd Naples, FL 34103-4446
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5514562
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
2018
Total area
94,446 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I
APN
70971360003
UPID
US18-5514562
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
$9.78M
Comparable Approach
Comparable
$14.38M
Blend (final)
Blend
$12.14M
Owner & transaction history
Brighthouse Life Insurance Company · 4 yrs held
Brighthouse Life Insurance Company
since 2021
7 recorded transactions
Zoning & alternative use
I · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,590,000
6.5%
$9,775,000
7%
$9,080,000
Blend value · Realmo final
$12.14M
Range $10.93M – $13.35M · ±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
$129 / 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
$139,427
Tax year 2023
Assessed value
$14,210,330
Assessed 2023
Previous assessed
$13,860,696
+2.5% YoY
Effective rate
0.98%
On assessed value
Assessed land
$3,351,933
Assessed improvement
$10,858,397
Land market value
$3,351,933
Improvement market value
$10,858,397
Total market value
$14,210,330
Applied tax rate
6.0000
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
2018
Heating
NONE
Buildings
2
Stories
3
Total area
94,446 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I
APN
70971360003
UPID
US18-5514562
Jurisdiction
COLLIER
Zoning & alternative use
I · Naples, FL
Zoning I · permitted uses
I · 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
2018
Heating
NONE
Stories
3
Buildings
2
Lot
3.24 ac
Current owner
From public records · entity-resolved
Brighthouse Life Insurance Company
Entity
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 18, 2021
—
Brighthouse Life Insurance Company
Sh 7304 LLC
Assignment Of Lease (leasehold Sale)
$290,600,000 · Brtghthouse Life Insurance Company
Mar 3, 2020
—
Psi Atlantic Naples Fl LLC
—
Deed
related
$127,500,000 · Spt Real Estate Capital LLC
Feb 12, 2020
—
Psi Atlantic Naples Fl LLC
Psi Atlantic Naples Fl LLC
Quit Claim Deed
related
—
Dec 2, 2016
—
Psi Atlantic Naples Fl LLC
—
Deed
related
$7,306,811 · Iberiabank
Mar 3, 2016
$3,325,000
Psi Atlantic Naples Fl LLC
Wilford INC
Warranty Deed
—
Feb 24, 2016
$95,000
Weardon,todd E Trust
Wilford INC
Quit Claim Deed
related
—
Dec 13, 2011
—
Health Center Of Better Living In
Coastal Beverage Ltd
Grant Deed
related
$500,000 · First National Bank
—
—
Health Center Of Better Living In
—
Deed Of Trust
related
$600,000 · First National Bank Florida
—
—
Psi Atlantic Naples Fl LLC
—
Deed Of Trust
related
$127,500,000 · Spt Real Estate Capital 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.
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