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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Retail space
902 Park Ave Marco Island, FL 34145-2751
Entity Owned
~
Est. High Equity
Property ID
US18-7979299
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
3,506 SF
Lot
0.61 ac (26,572 SF)
Zoning code
MARCO
APN
57490520004
UPID
US18-7979299
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
-
Italian Deli and Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$875k
Owner & transaction history
Vo Park LLC
Vo Park LLC
since 2026
Last sale
$850,000
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
$1,025,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$655,000
7%
$610,000
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $850k (Mar 12 2020)
Last sale anchor
$850k
Mar 12 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
$250 / 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
$15,628
Tax year 2023
Assessed value
$1,662,969
Assessed 2023
Previous assessed
$1,599,291
+4.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$871,989
Assessed improvement
$790,980
Land market value
$871,989
Improvement market value
$790,980
Total market value
$1,662,969
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
2021
Heating
NONE
Units
1
Total area
3,506 SF
Lot
0.61 ac (26,572 SF)
Zoning code
MARCO
APN
57490520004
UPID
US18-7979299
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
2021
Heating
NONE
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Vo Park LLC
Entity
Mailing address
12272 TAMIAMI TRL E STE #401, NAPLES, FL 34113-7950
Ownership since
2026
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
Apr 2, 2026
$3,450,000
Vo Park LLC
902 Park LLC
Warranty Deed
—
Mar 12, 2020
$850,000
902 Park LLC
Gary Van Cleef
Warranty Deed
$2,080,000 · Synovus Bank
Oct 18, 2018
$607,450
Gary Van Cleef
Smith,ronald H
Warranty Deed
—
May 4, 2012
$420,000
Smith Ronald H Living Trust
Venetian Plaza Of Marco LLC
Grant Deed
—
Oct 2, 2006
$750,000
Venetian Plaza Of Marco LLC
Dufault,daniel J
Warranty Deed
$536,039 · Fifth Third Bank
Jun 11, 2004
$715,000
D & D Realty Trust
Back,guenther C & Irene A
Grant Deed
—
—
—
D & D Realty Trust I
—
Deed Of Trust
related
$536,250 · Fifth Third 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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