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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Parking lots & garages
59151 Overseas Hwy Marathon, FL 33050-6043
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-8989827
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1953
Total area
4,984 SF
Lot
4.67 ac (203,370 SF)
APN
00375860-000000
UPID
US18-8989827
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
-
Sun Outdoors Marathon Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$530k
Owner & transaction history
Nhc-fl137 LLC · 10 yrs held
Nhc-fl137 LLC
since 2016
6 recorded transactions
Zoning & alternative use
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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$106 / 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
$60,305
Tax year 2023
Assessed value
$6,971,033
Assessed 2023
Previous assessed
$6,981,729
-0.2% YoY
Effective rate
0.87%
On assessed value
Assessed land
$5,898,843
Assessed improvement
$1,072,190
Land market value
$5,898,843
Improvement market value
$1,072,190
Total market value
$6,971,033
Applied tax rate
50.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1953
Heating
NONE
Cooling
WALL UNIT
Buildings
3
Stories
2
Total area
4,984 SF
Lot
4.67 ac (203,370 SF)
APN
00375860-000000
UPID
US18-8989827
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
4.67 ac
Current owner
From public records · entity-resolved
Nhc-fl137 LLC
Entity
Mailing address
27777 FRANKLIN RD STE #200, SOUTHFIELD, MI 48034-8205
Ownership since
2016
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
Aug 10, 2016
—
Nhc-fl137 LLC
—
Deed
related
$325,000,000 · Private Individual
Jun 20, 2016
—
Nhc-fl137 LLC
Nhc-fl137 LLC
Quit Claim Deed
related
—
Oct 20, 2011
—
Nhc-fl101 LLC
—
Deed Of Trust
related
$1,725,000 · General Electric Capital Corp
Nov 16, 2010
$6,600,000
Nhc-137 LLC
Pelican Motel & Trailer Park I
Grant Deed
—
—
—
Nhc-fl135 LLC
—
Deed Of Trust
related
$3,175,000 · General Electric Capital Corp
—
—
Nhc-fl137 LLC
—
Loan Modification
related
$325,000,000 · Private Individual
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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