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Property profile & analytics
OFF-MARKET
Estimated value
$14,715,000
Office buildings
3702 Estey Ave Naples, FL 34104-4405
Entity Owned
24-yr Hold
Free & Clear
Property ID
US18-9492374
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
37,658 SF
Lot
25.6 ac (1,115,136 SF)
Zoning code
RMF-6
APN
61844000001
UPID
US18-9492374
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
-
Collier Adult & Community Education Training Center Tutoring Service
-
Lorenzo Walker Technical High School High School
-
Sheriff's Office-Training Sheriff'S Department
-
Prime Time Shakes Grocery & Convenience Store Specialty Food Shop
-
Grow Church South Naples Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.73M
Comparable Approach
Comparable
$12.52M
Blend (final)
Blend
$14.72M
Owner & transaction history
Kaufmann Holdings INC · 24 yrs held
Kaufmann Holdings INC
since 2001
1 recorded transaction
Zoning & alternative use
RMF-6 · 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%
$13,785,000
6.5%
$12,725,000
7%
$11,815,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$21,180,000
Current use
RETAIL STORES
$20,975,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$14.72M
Range $13.24M – $16.19M · ±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
$391 / 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
Assessed value
$36,363,350
Assessed 2023
Previous assessed
$33,699,679
+7.9% YoY
Assessed land
$2,560,000
Assessed improvement
$33,803,350
Land market value
$2,560,000
Improvement market value
$33,803,350
Total market value
$36,363,350
Applied tax rate
83.0000
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
1997
Heating
NONE
Buildings
4
Stories
2
Units
4
Total area
37,658 SF
Lot
25.6 ac (1,115,136 SF)
Zoning code
RMF-6
APN
61844000001
UPID
US18-9492374
Jurisdiction
COLLIER
Zoning & alternative use
RMF-6 · Naples, FL
Zoning RMF-6 · permitted uses
RMF-6 · 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
OFFICE BUILDING Current
Est. value
$21.2M
RETAIL STORES
Est. value
$21.0M
OFFICE BUILDING Current
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
1997
Heating
NONE
Stories
2
Buildings
4
Units
4
Lot
25.6 ac
Current owner
From public records · entity-resolved
Kaufmann Holdings INC
Entity
Free & Clear · 24 yrs held
Mailing address
5775 OSCEOLA TRL, NAPLES, FL 34109-0919
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2001
$1,730,000
Kaufmann Holdings INC
—
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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