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    Turnkey Sports Bar Restaurant Title is generated by Realmo AI

    1017 N COLLIER Boulevard, Marco Island, FL 34145

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    Claim this Listing
    New
    For Sale
    $999,999

    COMMERCIAL - Marco Island, FL

    Property size:
    3,300 SF
    Price / SF:
    $303/SF
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 1017 N COLLIER Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    c3
    Security features
    Security System
    Standard status
    Active
    Size
    3,300 SF

    Utilities

    Cooling system
    Exhaust Fan (Cooling)
    Water source
    Public

    Building Details

    Flooring type
    Tile, Concrete
    Building materials
    Concrete Block Structure, Stucco

    We can help!

    Listing Contact
    Gary Weinberg
    Gary Weinberg

    Listing agent Gary Weinberg

    Listing office Premiere Plus Realty Company 886 Park Ave #103, Naples, FL

    Listing date Jun 1, 2026

    MLS# 2261085

    Copyright © 2026 Marco Island Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Restaurant on highly traveled North Collier Boulevard in the largest shopping center on Marco Island
    • Fully equipped commercial kitchen and contemporary dining space with multiple large‑screen TVs
    • Dine‑in and takeout service with online ordering and catering opportunities
    • Includes a leased storage space with room to expand restaurant seating
    • 2nd unit lease is 1,000 SF; lease expiration listed as 9/28
    • Adjacent 2,300 SF is currently available for lease; on‑site ample parking

    Overview

    Turnkey Thai Thai Sushi Sports Bar is being offered for sale and operates as a combined dining and sports bar concept. The space includes a contemporary dine-in and takeout restaurant layout with multiple large-screen TVs. A fully equipped commercial kitchen supports restaurant operations, including catering and online ordering.

    The property is located at 1017 N Collier Boulevard in a shopping center setting on Marco Island, with ample parking available for guests. The offering includes a second unit lease that is currently used for storage and is available for expansion of restaurant seating; that 1,000 SF lease expires 9/28. In addition, there is 2,300 SF adjacent space available for lease.

    This setup is well suited to an owner-operator or hospitality group seeking a ready-to-run restaurant with built-in entertainment features and an opportunity to add capacity. The available adjacent unit and the storage-lease term provide paths to adjust the footprint over time, while the existing infrastructure supports high-volume restaurant use.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $89.1k $27.00
    − Vacancy −$2.2k −$0.68
    EGI $86.9k $26.33
    − OpEx −$21.7k −$6.58
    NOI $65.2k $19.74
    3,300 SF · lease $27.00/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $930.8K
    $814.4K – $1.09M (±1% cap)
    NOI $65,154 @ 7.0% cap · market cap 6.52%
    Second Best
    Industrial
    $317.2K
    $277.5K – $370.0K (±1% cap)
    NOI $22,202 @ 7.0% cap · market cap 2.22%
    Theoretical Best
    Office A
    $1.32M
    $1.16M – $1.55M (±1% cap)
    NOI $92,711 @ 7.0% cap · market cap 9.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    J.McLaughlin Women'S Clothing Store 5th Ave Florist (Bike/Boat/Book/etc) Store Over the Reef Department Store Marco Island Players Theater & Performing Art Venue Marco Town Center Shopping Center & Mall

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Kitchen & Bath Showroom Pharmacy Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marco Island
    County
    Collier
    State
    Florida
    Longitude
    -81.72385
    Latitude
    25.952959

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    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant with fully equipped commercial kitchen and multiple large-screen TVs, plus adjacent space available for lease.
    Where is this conventional restaurant located?
    The property is located at 1017 N COLLIER Boulevard Marco Island, FL.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Restaurant on highly traveled North Collier Boulevard in the largest shopping center on Marco Island; Fully equipped commercial kitchen and contemporary dining space with multiple large‑screen TVs; Dine‑in and takeout service with online ordering and catering opportunities
    (239) 216-2999
    We can help!
    Listing Contact
    Gary Weinberg
    Gary Weinberg
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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