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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Warehouses
579 Elkcam Cir Marco Island, FL 34145-2876
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1033934
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1981
Total area
8,848 SF
Lot
1.05 ac (45,738 SF)
Zoning code
MARCO
APN
56931360009
UPID
US18-1033934
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
-
Marco Eagle Advertising Agency Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$500k
Owner & transaction history
579 Holdings LLC · 7 yrs held
579 Holdings LLC
since 2018
6 recorded transactions
Zoning & alternative use
MARCO · Marco Island, 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 Marco Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marco Island 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$57 / 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
$8,896
Tax year 2023
Assessed value
$946,606
Assessed 2023
Previous assessed
$945,813
+0.1% YoY
Effective rate
0.94%
On assessed value
Assessed land
$937,950
Assessed improvement
$8,656
Land market value
$937,950
Improvement market value
$8,656
Total market value
$946,606
Applied tax rate
58.0000
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
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Units
1
Total area
8,848 SF
Lot
1.05 ac (45,738 SF)
Zoning code
MARCO
APN
56931360009
UPID
US18-1033934
Jurisdiction
COLLIER
Zoning & alternative use
MARCO · Marco Island, FLZoning MARCO · permitted uses
MARCO · Marco Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
General/Zoning (MapServer)
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
1
Units
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
579 Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1606 PARNELL CT, NAPLES, FL 34113-8636
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Sep 27, 2018
—
579 Holdings LLC
579 Holdings LLC
Quit Claim Deed
related
—
Sep 27, 2018
$1,200,000
Marco Eagle LLC
579 Holdings LLC
Warranty Deed
—
Jan 6, 2017
—
579 Holdings LLC
—
Deed
related
$723,854 · Bankunited Fsb
Sep 12, 2011
$1,200,000
579 Holdings LLC
Scripps Media INC
Warranty Deed
$960,000 · Bankunited Fsb
Oct 3, 2000
$740,900
Collier County Publishing Co
New York Times Sales INC
Grant Deed
—
—
—
579 Holdings LLC
—
Loan Modification
related
$723,854 · Bankunited Fsb
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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