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Property profile & analytics
OFF-MARKET
Estimated value
$9,335,000
Manufacturing properties
840 Elkcam Cir, Marco Island, FL 34145-2559
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2723388
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1988
Total area
3,150 SF
Lot
2.5 ac (108,900 SF)
Zoning code
MARCO
APN
56990160004
UPID
US18-2723388
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 Island Mopeds Car Rental Facility
-
Extra Space Storage Storage Facility
-
Prime Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.34M
Owner & transaction history
Bfg Fl LLC · 4 yrs held
Bfg Fl LLC
since 2021
Last sale
$8.6M
6 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
$9,990,000
ML approach
$10,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.34M
Range $8.40M – $10.27M · ±10% · vs last sale $8.57M (Jul 23 2021)
Last sale anchor
$8.57M
Jul 23 2021
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
$2,963 / 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
$68,888
Tax year 2023
Assessed value
$7,330,520
Assessed 2023
Previous assessed
$7,124,260
+2.9% YoY
Effective rate
0.94%
On assessed value
Assessed land
$4,226,414
Assessed improvement
$3,104,106
Land market value
$4,226,414
Improvement market value
$3,104,106
Total market value
$7,330,520
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
1988
Heating
NONE
Buildings
3
Stories
2
Total area
3,150 SF
Lot
2.5 ac (108,900 SF)
Zoning code
MARCO
APN
56990160004
UPID
US18-2723388
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
1988
Heating
NONE
Stories
2
Buildings
3
Lot
2.5 ac
Current owner
From public records · entity-resolved
Bfg Fl LLC
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2021
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
Jul 23, 2021
$8,565,844
Bfg Fl LLC
Prime Group Marco Island LLC
Special Warranty Deed
$468,000,000 · Jpmorgan Chase Bank NA
Jul 11, 2016
$3,031,921
Prime Group Marco Island LLC
Marco Island Acquisition LLC
Grant Deed
related
$6,000,000 · Rialto Mtg Fin
Jan 15, 2008
—
Marco Island Acquisitions LLC
Allard Gerald R Trust
Grant Deed
$4,160,000 · Fifth Third Bank
Dec 29, 2005
—
Marco Island Acquisition LLC
Allard Ann V Trust
Warranty Deed
$5,000,000 · Allard Ann V 1994 Trust (tr)
Jan 11, 2005
—
Allard Ann V Trust
Allard,gerald R
Quit Claim Deed
related
—
—
—
Marco Island Acquisition LLC
—
Deed Of Trust
related
$3,000,000 · Branch Banking & Trust Co
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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