103-3021 Airport Rd N Naples, FL 34104
Centrally located office condo with flexible space and ample parking.
- Added:
- Aug 15, 2025
- Days on Market:
- 334
- Last Refresh:
- May 27 at 11:31 am
Property Features for 103-3021 Airport Rd N
General Information
- Standard status
- Active
- Size
- 4,257 SF
Listing office Downing Frye Realty Inc. (239) 330-9004
Listing date Aug 15, 2025
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Downing Frye Realty Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Price reduced $300,000 below recent appraisal.
- Prime central Naples location on Airport Pulling Road with quick access to I‑75 and various Naples areas.
- Versatile C3 zoning allows for a wide variety of business uses.
Local Financial Insights For Office B
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 | $127.7k | $30.00 |
| − Vacancy | −$10.9k | −$2.55 |
| EGI | $116.9k | $27.45 |
| − OpEx | −$29.2k | −$6.86 |
| NOI | $87.6k | $20.59 |