Entity Owned 
For Lease
1 / 9
$15,295,000
4755 Mercantile Ave, Naples, FL 34104
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Total area
88,440 SF
Lot
8.55 ac (372,438 SF)
Zoning code
I
APN
271240000
UPID
US18-3026956
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
HVAC Service General Contractor
-
Landscaping
-
Electrical Engineer
-
Courier Service Postal Service
-
Freight Service Logistics Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.42M
Blend (final)
Blend
$15.30M
Owner & transaction history
since 2026
Last sale
$14.8M
6 recorded transactions
Zoning & alternative use
I · Naples, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$15.30M
Value range
$13.77M – $16.82M
±10% around blend
Estimated value / SF
$173 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$13.77M
blend $15.30M
$16.82M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
88,440 SF
Lot area
8.55 ac
Year built
1985
Stories
1
APN
271240000
Zoning
I
Assessed value
$12,020,292
Annual tax
$125,182
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$15.42M
Range $6.56M – $33.43M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$15.30M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$365
-53%
Submarket 126 sales
$307
-44%
County 139 sales
$315
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $173/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional plan · 30 reports
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Overview
Implied cap rate
3.70%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.70%
9.0%
NOI (est.)
$1.03M *
Last sale · Jul 2022
$14.78M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$27.96M
Move the market yield to see immediate price impact.
Value / SF
$316
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.20%3.70%4.20%
$931k
$29.10M
$25.17M
$22.17M
$1.03M
$32.33M
$27.96M
$24.63M
$1.14M
$35.56M
$30.76M
$27.10M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$125,182
Tax year 2023
Assessed value
$12,020,292
Assessed 2023
Previous assessed
$6,611,787
+81.8% YoY
Effective rate
1.04%
On assessed value
Assessed land
$7,668,544
Assessed improvement
$4,351,748
Land market value
$7,668,544
Improvement market value
$4,351,748
Total market value
$12,020,292
Applied tax rate
140.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1985
Heating
NONE
Stories
1
Total area
88,440 SF
Lot
8.55 ac (372,438 SF)
Zoning code
I
APN
271240000
UPID
US18-3026956
Jurisdiction
COLLIER
Zoning & alternative use
I · Naples, FLZoning I · permitted uses
I · Naples, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
1
Lot
8.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
Naples, FL
Recorded code
I
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Naples, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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