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Property profile & analytics
OFF-MARKET
Estimated value
$8,195,000
Investment properties
401 5th S Ave Naples, FL 34102-6525
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5126763
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1971
Total area
20,143 SF
Lot
0.52 ac (22,651 SF)
Zoning code
NAPLES
APN
14026960000
UPID
US18-5126763
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
-
PNC Wealth Management Financial Advisor
-
Natbank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.20M
Owner & transaction history
Neco 401 5th Avenue South LLC · 2 yrs held
Neco 401 5th Avenue South LLC
since 2023
Last sale
$10.0M
6 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
$7,880,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.20M
Range $7.38M – $9.01M · ±10% · vs last sale $9.99M (Oct 25 2023)
Last sale anchor
$9.99M
Oct 25 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
$407 / 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
$135,072
Tax year 2023
Assessed value
$10,430,444
Assessed 2023
Previous assessed
$9,666,947
+7.9% YoY
Effective rate
1.29%
On assessed value
Land market value
$10,980,000
Improvement market value
$3,936,829
Total market value
$14,916,829
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1971
Heating
NONE
Stories
2
Units
1
Total area
20,143 SF
Lot
0.52 ac (22,651 SF)
Zoning code
NAPLES
APN
14026960000
UPID
US18-5126763
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
1971
Heating
NONE
Stories
2
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Neco 401 5th Avenue South LLC
Entity
Free & Clear · 2 yrs held
Mailing address
625 E MAIN ST, ASPEN, CO 81611-2153
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
$9,991,000
Neco 401 5th Avenue South LLC
405 Fifth Avenue South Holdings LLC
Special Warranty Deed
—
Oct 9, 2015
$12,539,275
405 Fifth Avenue South Holding
Naples Fifth Avenue 405 LLC
Grant Deed
—
Jan 31, 2014
—
Naples Fifth Avenue 405 LLC
Naples Fifth Avenue La Trust
Quit Claim Deed
—
Dec 31, 2013
$4,200,000
Naples Fifth Avenue Land Trust
Granite Naples 405 LLC
Grant Deed
—
Jul 5, 2007
$11,830,611
Granite Naples 405 LLC
Fifth Avenue Realty 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.
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