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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Office buildings
868 99th N Ave Naples, FL 34108-2202
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2980416
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
2,980 SF
Lot
0.31 ac (13,504 SF)
Zoning code
C-3
APN
62777560002
UPID
US18-2980416
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
-
Aflac District Offcie Financial Advisor Insurance Agency
-
Absher Design Group Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$815k
Owner & transaction history
Three Eyed Shrimp LLC · 5 yrs held
Three Eyed Shrimp LLC
since 2021
Last sale
$660,000
3 recorded transactions
Zoning & alternative use
C-3 · Naples, 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 Naples submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naples 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
$795,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $660k (Feb 23 2021)
Last sale anchor
$660k
Feb 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
$273 / 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
$6,693
Tax year 2023
Assessed value
$604,369
Assessed 2023
Previous assessed
$549,426
+10.0% YoY
Effective rate
1.11%
On assessed value
Land market value
$519,413
Improvement market value
$247,753
Total market value
$767,166
Applied tax rate
68.0000
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
1986
Heating
NONE
Stories
1
Units
1
Total area
2,980 SF
Lot
0.31 ac (13,504 SF)
Zoning code
C-3
APN
62777560002
UPID
US18-2980416
Jurisdiction
COLLIER
Zoning & alternative use
C-3 · Naples, FL
Zoning C-3 · permitted uses
C-3 · Naples, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naples. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Three Eyed Shrimp LLC
Entity
Mailing address
3361 TAMIAMI TRL N, NAPLES, FL 34103-4165
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2021
$660,000
Three Eyed Shrimp LLC
North Naples Venture Group LLC
Warranty Deed
—
Jul 20, 1999
$400,000
North Naples Venture Group LLC
C C Development Company Naples
Grant Deed
$300,000 · Amsouth Bank Florida
—
—
North Naples Venture Group LLC
—
Deed Of Trust
related
$250,000 · Orion 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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