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Property profile & analytics
OFF-MARKET
Retail space
761 Elkcam Cir Marco Island, FL 34145-2568
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-0370813
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
2,604 SF
Lot
0.27 ac (11,761 SF)
Zoning code
MARCO
APN
56930800007
UPID
US18-0370813
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
-
Realtor Marco Island - Marietta Rumps Real Estate Agency
-
Marco Yacht Sales (Bike/Boat/Book/etc) Store
-
Sand Star Villas Condominium Complex
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
Old German Lumber Co LLC · 11 yrs held
Old German Lumber Co LLC
since 2015
5 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
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
$4,410
Tax year 2023
Assessed value
$469,299
Assessed 2023
Previous assessed
$439,715
+6.7% YoY
Effective rate
0.94%
On assessed value
Assessed land
$336,476
Assessed improvement
$132,823
Land market value
$336,476
Improvement market value
$132,823
Total market value
$469,299
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Units
1
Total area
2,604 SF
Lot
0.27 ac (11,761 SF)
Zoning code
MARCO
APN
56930800007
UPID
US18-0370813
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
1970
Heating
NONE
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Old German Lumber Co LLC
Entity
Mailing address
PO BOX 1741, SIOUX FALLS, SD 57101-1741
Ownership since
2015
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
Jun 24, 2015
$425,000
Old German Lumber Co LLC
Jones Richard & Glenna
Warranty Deed
—
May 9, 2006
$1,065,000
Richard Jones
Oneill,peter L & Camille
Warranty Deed
$850,000 · M & I Bank Fsb
Apr 18, 2002
$80,000
Peter L O'neill
Oneill,timothy
Grant Deed
related
$250,000 · Citizens Community Bank Fl
—
—
Richard K Jones
—
Deed Of Trust
related
$400,000 · Regions Bank
—
—
Peter L O'neill
—
Deed Of Trust
related
$35,000 · Southtrust 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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