Retail Building on Dixie
For Sale
Contact for pricing
106 Dixie Avenue East, Ave Maria, FL 34142
4,700 SF retail building on 2.09 acres available.
Property Size4,700 SF
Lot Size2.09 Acres
Price / SF$276.38
Days on Market1122
Property Features for 106 Dixie Avenue East
General Information
Standard status
Active
Size
4,700 SF
Lot size
2.09 Acres
Property subtype
Retail
Zoning
C-5
Building Details
Year Built
1957
Listing Agency:
Investment Properties Corporation of Naples
Listed By:
Christine McManus · License #FL 653823
(239) 261-3400
Source:
Crexi
Added: Sep 29, 2023
Changed: Oct 20
Last Checked: Oct 23 at 6:32AM
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 Investment Properties Corporation of Naples
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Investment Insights
Based on property information with market context.
A 4,700 square foot building situated on 2.09 acres is available for purchase. The property is zoned C-5. Owner financing is available with 25% down.
Key Highlights
- 4,700 SF building on 2.09 acres
- Zoned C‑5
- Owner financing available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,230
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,600
$1.1M
Cap Rate 7%
$817,571
$817.6K
Cap Rate 9%
$635,889
$635.9K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$85.2K $18.12/SF
− Vacancy
−$3.4K −$0.72/SF
EGI
$81.8K $17.40/SF
− OpEx
−$24.5K −$5.22/SF
NOI
$57.2K $12.18/SF
Area
Collier County, FL
Vacancy
4.00%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,600
Cap Rate 7%
$817,571
Cap Rate 9%
$635,889
Alternative Uses
Best Use
Retail
$817.6K
$715.4K – $953.8K
NOI $57,230 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,043 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Electronics 6%
Citgo
Shops & Services
8,574 visits/mo
0.4 miles
Family Dollar
Shops & Services
8,348 visits/mo
0.2 miles
Capital Pawn
Shops & Services
1,910 visits/mo
0.3 miles
Boost Mobile
Electronics
1,298 visits/mo
0.3 miles
Demographics for 34142, FL
31,327
Population
10,002
Households
3.1
Avg Household Size
30
Median Age
15%
College-Educated
63%
High-School Grad
625.9 sq mi
ZIP Area
50
Density / Sq Mi
$57,656
Median Household Income
$27,809
Median Earnings
$989
Median Rent
$296,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - 4,700 SF retail building on 2.09 acres available.
Where is this retail space located?
The property is located at 106 Dixie Avenue East Ave Maria, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4,700 SF building on 2.09 acres; Zoned C‑5; Owner financing available
