Functional End-Cap Commercial
For Sale
$615,000
Ste-1-1076 Business Ln, Naples, FL 34110
Versatile 2,147 SF Naples commercial unit for sale.
Property Size2,147 SF
Price / SF$286.45
Days on Market206
Property Features for Ste-1-1076 Business Ln
General Information
Standard status
Active
Size
2,147 SF
Taxes and HOA fees
Annual Taxes
$3,288
Listing Agency:
SVN Commercial Partners
(239) 250-2240
Listed By:
Corrie Gates · License ##BK3073582
(239) 250-2240
Source:
Exprealty
Added: Jan 16
Changed: Aug 8
Last Checked: Aug 10 at 7:41AM
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
Investment Insights
Based on property information with market context.
This 2,147 square foot end-cap commercial unit is available for sale in Naples. Located on Business Lane, the property offers accessibility to major roadways. The unit features a spacious office area and flexible open space suitable for light industrial, warehouse, service, or professional uses. An overhead door provides convenient loading and operations. The property is suitable for both owner-users and investors.
Key Highlights
- Prime end‑cap unit in a desirable Naples business location offering excellent visibility and accessibility.
- 2,147 square feet of flexible space suitable for light industrial, warehouse, service, or professional uses.
- Includes a spacious office area and open space for diverse business operations.
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
515
Businesses Nearby
Balanced
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 - Versatile 2,147 SF Naples commercial unit for sale.
Where is this flex space located?
The property is located at Ste-1-1076 Business Ln 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 in a desirable Naples business location offering excellent visibility and accessibility.; 2,147 square feet of flexible space suitable for light industrial, warehouse, service, or professional uses.; Includes a spacious office area and open space for diverse business operations.
