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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Office buildings
799 Elkcam Cir Marco Island, FL 34145-2577
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-8546914
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Total area
1,008 SF
Lot
0.18 ac (7,841 SF)
Zoning code
MARCO
APN
56930280009
UPID
US18-8546914
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
-
Casagrande Electric Inc. Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$745k
Owner & transaction history
Casagrande Licciardi LLC · 5 yrs held
Casagrande Licciardi LLC
since 2020
Last sale
$700,000
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
$845,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$560,000
Current use
RETAIL STORES
$510,000
Change: -9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$450,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $700k (Aug 17 2020)
Last sale anchor
$700k
Aug 17 2020
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
$739 / 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
$3,810
Tax year 2023
Assessed value
$405,439
Assessed 2023
Previous assessed
$396,559
+2.2% YoY
Effective rate
0.94%
On assessed value
Assessed land
$266,317
Assessed improvement
$139,122
Land market value
$266,317
Improvement market value
$139,122
Total market value
$405,439
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
1,008 SF
Lot
0.18 ac (7,841 SF)
Zoning code
MARCO
APN
56930280009
UPID
US18-8546914
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$560,000
RETAIL STORES
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$450,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Casagrande Licciardi LLC
Entity
Mailing address
PO BOX 549, MARCO ISLAND, FL 34146-0549
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2025
—
Casagrande Licciardi LLC
—
Deed
related
$365,000 · Suncoast Cu
Aug 17, 2020
$700,000
Casagrande Licciardi LLC
799 Eat Elkcam LLC
Warranty Deed
$595,000 · First Horizon Bank
Sep 28, 2017
$163,679
799 East Elkcam LLC
Guzzo,joseph & Susan
Warranty Deed
—
Apr 5, 2010
$340,000
Joseph Guzzo
Banco Popular North America
Warranty Deed
$240,000 · Centennial Bank
Dec 15, 2009
—
Popular North America Banco
Crystal Blue Pools Coc
Trustees Deed
related
—
Dec 19, 2006
$650,000
Kelbe Holdings INC
Stephen P Barker
Warranty Deed
$857,000 · Banco Popular North America
—
—
Joseph Guzzo
—
Deed Of Trust
related
$205,212 · Regions 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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