Versatile End-Cap Commercial
For Sale
$615,000
1076 Business Ln 1, Naples, FL 34110
2,147 SF Naples unit ideal for diverse business uses.
Property Size2,147 SF
Price / SF$286.45
Days on Market105
Property Features for 1076 Business Ln 1
General Information
Standard status
Active
Size
2,147 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,288
Building Details
Year Built
2000
Stories
1
Listing Agency:
SVN - Commercial Partners | Miami
(239) 250-2240
Listed By:
Corrie Gates · License ##BK3073582
(239) 250-2240
Source:
Elliman
Added: Apr 28
Changed: Aug 9
Last Checked: Aug 9 at 7:59AM
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 SVN - Commercial Partners | Miami
Investment Insights
Based on property information with market context.
This 2,147 square foot end-cap commercial unit is available for sale in Naples. The property is located on Business Lane and offers accessibility to major roadways. The unit is suitable for a variety of business uses. It features an overhead door for convenient loading and operations. The space includes a spacious office area along with flexible open space that can accommodate light industrial, warehouse, service, or professional needs. The property benefits from added privacy and accessibility as an end-cap unit. It is well-suited for both owner-users and investors seeking a versatile commercial property in a strong Naples market.
Key Highlights
- Prime end‑cap unit offering excellent visibility and accessibility.
- 2,147 square feet of flexible space suitable for various business uses.
- Desirable Naples business location with easy access to major roadways.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,201
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$884,020
$884.0K
Cap Rate 7%
$631,443
$631.4K
Cap Rate 9%
$491,122
$491.1K
Market Conditions
NOI Build-Up for 2,147 SF
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.
Gross rent
$64.4K $30.00/SF
− Vacancy
−$5.5K −$2.55/SF
EGI
$58.9K $27.45/SF
− OpEx
−$14.7K −$6.86/SF
NOI
$44.2K $20.59/SF
Area
Collier County, FL
Vacancy
8.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$884,020
Cap Rate 7%
$631,443
Cap Rate 9%
$491,122
Alternative Uses
Best Use
Office B
$631.4K
$552.5K – $736.7K
NOI $44,201 @ 7.0% cap · market cap 7.19%
Second Best
Warehouse
$266.5K
$233.2K – $310.9K
NOI $18,655 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$861.7K
$754.0K – $1.01M
NOI $60,318 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34110, FL
24,093
Population
18,394
Households
1.3
Avg Household Size
63
Median Age
52%
College-Educated
96%
High-School Grad
16.0 sq mi
ZIP Area
1,506
Density / Sq Mi
$95,275
Median Household Income
$58,470
Median Earnings
$2,068
Median Rent
$529,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - 2,147 SF Naples unit ideal for diverse business uses.
Where is this flex space located?
The property is located at 1076 Business Ln 1 Naples, FL.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Prime end‑cap unit offering excellent visibility and accessibility.; 2,147 square feet of flexible space suitable for various business uses.; Desirable Naples business location with easy access to major roadways.
