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Property profile & analytics
OFF-MARKET
Estimated value
$10,175,000
Manufacturing properties
599 Collier Blvd, Marco Island, FL 34145-5512
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3905460
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1991
Total area
54,400 SF
Lot
4.66 ac (202,990 SF)
Zoning code
MARCO
APN
57640080006
UPID
US18-3905460
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
-
Nacho Mama's. Restaurant
-
Marco Prime Steak & Seafood Restaurant Restaurant
-
DaVinci's Restaurant
-
The Oyster Society Restaurant
-
2Shea's Salty Dog Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.72M
Blend (final)
Blend
$10.18M
Owner & transaction history
Venetian Investments LLC · 5 yrs held
Venetian Investments LLC
since 2020
7 recorded transactions
Zoning & alternative use
MARCO · Marco Island, 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.18M
Range $9.16M – $11.19M · ±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
$187 / 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
$111,912
Tax year 2023
Assessed value
$11,908,799
Assessed 2023
Previous assessed
$11,385,675
+4.6% YoY
Effective rate
0.94%
On assessed value
Assessed land
$5,037,983
Assessed improvement
$6,870,816
Land market value
$5,037,983
Improvement market value
$6,870,816
Total market value
$11,908,799
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
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
1991
Heating
NONE
Buildings
4
Stories
1
Total area
54,400 SF
Lot
4.66 ac (202,990 SF)
Zoning code
MARCO
APN
57640080006
UPID
US18-3905460
Jurisdiction
COLLIER
Zoning & alternative use
MARCO · Marco Island, FL
Zoning 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
Marco Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Buildings
4
Lot
4.66 ac
Current owner
From public records · entity-resolved
Venetian Investments LLC
Entity
Mailing address
20201 E COUNTRY CLB DR, AVENTURA, FL 33180-3001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
Venetian Investments LLC
—
Deed
related
$9,269,730 · Wells Fargo Bk
Nov 18, 2019
—
Venetian Investments LLC
—
Deed
related
$8,600,000 · Wells Fargo Bk
Dec 12, 2018
—
Venetian Investments LLC
—
Deed
related
$8,685,359 · Wells Fargo Bk
Jul 26, 2005
—
Venetian Investments LLC
—
Deed Of Trust
related
$1,320,017 · Wachovia Bank NA
—
—
Venetian Investments LLC
—
Loan Modification
related
$8,685,359 · Wells Fargo Bk
—
—
Venetian Investments LLC
—
Loan Modification
related
$6,616,938 · Wells Fargo Bk
—
—
Venetian Investments LLC
—
Deed Of Trust
related
$8,106,003 · Wachovia Bank NA
—
—
John K Baxter
—
Deed Of Trust
related
$15,000 · Citizens Community Bank
—
—
Venetian Investments LLC
—
Loan Modification
related
$8,600,000 · Wells Fargo Bk
—
—
Venetian Investments LLC
—
Loan Modification
related
$9,269,730 · Wells Fargo Bk
—
—
Venetian Investments LLC
—
Deed Of Trust
related
$7,734,478 · Wells Fargo Bank
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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