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Property profile & analytics
OFF-MARKET
Race tracks
5301 34th SE Ave Naples, FL 34117-9268
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4053827
Property profile
Verified
Property type
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Year built
1985
Total area
36,368 SF
Lot
531.02 ac (23,131,231 SF)
Zoning code
PUD
APN
355840106
UPID
US18-4053827
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
by Request
Owner & transaction history
Naples Racing Resort LLC · 2 yrs held
Naples Racing Resort LLC
since 2024
Last sale
$10.0M
5 recorded transactions
Zoning & alternative use
PUD · Naples, FL
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$51,066
Tax year 2023
Assessed value
$5,022,531
Assessed 2023
Previous assessed
$4,860,986
+3.3% YoY
Effective rate
1.02%
On assessed value
Assessed land
$3,053,238
Assessed improvement
$1,969,293
Land market value
$3,053,238
Improvement market value
$1,969,293
Total market value
$5,022,531
Applied tax rate
1.0000
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
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
36,368 SF
Lot
531.02 ac (23,131,231 SF)
Zoning code
PUD
APN
355840106
UPID
US18-4053827
Jurisdiction
COLLIER
Zoning & alternative use
PUD · Naples, FLZoning PUD · permitted uses
PUD · Naples, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Naples, FL
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
1
Lot
531.02 ac
Current owner
From public records · entity-resolved
Naples Racing Resort LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1000 CHRYSLER DR, AUBURN HILLS, MI 48326-2766
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$10,000,000
Naples Racing Resort LLC
Fca Us LLC
Special Warranty Deed
—
Aug 19, 2014
—
Chrysler Group LLC
—
Loan Modification
related
—
Mar 28, 2013
$7,000,000
Chrysler Group LLC
Harley Davidson Motor Company Opera
Warranty Deed
$10,000,000 · Citibank NA
Dec 12, 2002
$6,500,000
Harley Davidson Motor Co Oprns
Collier Enterprises Ltd
Grant Deed
—
—
—
Chrysler Group LLC
—
Deed Of Trust
related
$7,000,000 · Jp Morgan Chase Bank NA
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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