Creative Space with Three
For Sale
$1,455,000
1078 1080 1082 6th Ave N, Naples, FL 34102
Commercial Sale, NAPLES, FL
Property Size3,000 SF
Price / SF$485
Days on Market164
Property Features for 1078 1080 1082 6th Ave N
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
13450720008
Taxes and HOA fees
Tax Year
2025
Tax Description
NAPLES COMMERCIAL PLAZA A CONDOMINIUM UNIT 18
Tax Annual Amount
2343
Legal Description
NAPLES COMMERCIAL PLAZA A CONDOMINIUM UNIT 18
Building Details
Year built
1975
Floors in Building
1
Listing Agency:
KW Elevate Luxury · Keller Williams Realty
(239) 330-1217
Listed By:
Kelly Johnson
(239) 641-2333
Added: Mar 19
Changed: Aug 20
Last Checked: Aug 29 at 12:06PM
MLS# 226015693
Copyright © 2026 Naples Area Board 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.
Investment Insights
Based on property information with market context.
This creative-space property provides 3,000 square feet arranged across three individual 1,000-square-foot units. Two of the units are currently combined, creating a flexible configuration within the overall layout. The property was built in 1975 and is positioned in the Naples Art District, a district associated with working artist studios and galleries in Southwest Florida.
The address includes 1078, 1080, and 1082 6th Ave N in Naples, Florida. Its multi-unit arrangement offers a defined physical setup for commercial occupancy, with the combined area allowing the property to function as more than a single small suite. The Naples Art District setting places the property within a recognized creative and cultural corridor serving artists, designers, galleries, and visitors.
The address includes 1078, 1080, and 1082 6th Ave N in Naples, Florida. Its multi-unit arrangement offers a defined physical setup for commercial occupancy, with the combined area allowing the property to function as more than a single small suite. The Naples Art District setting places the property within a recognized creative and cultural corridor serving artists, designers, galleries, and visitors.
Key Highlights
- 3,000 square feet of total commercial space
- Three individual 1,000‑square‑foot units
- Two units are currently combined
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
$61,763
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
4.24%
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%
$1,235,260
$1.2M
Cap Rate 7%
$882,329
$882.3K
Cap Rate 9%
$686,256
$686.3K
Market Conditions
NOI Build-Up for 3,000 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
$90.0K $30.00/SF
− Vacancy
−$7.7K −$2.55/SF
EGI
$82.4K $27.45/SF
− OpEx
−$20.6K −$6.86/SF
NOI
$61.8K $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%
$1,235,260
Cap Rate 7%
$882,329
Cap Rate 9%
$686,256
Alternative Uses
Best Use
Office B
$882.3K
$772.0K – $1.03M
NOI $61,763 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,283 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,643
Businesses Nearby
Explore this area
Business Placement
Demographics for 34102, FL
10,496
Population
9,791
Households
1.1
Avg Household Size
64
Median Age
58%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
1,874
Density / Sq Mi
$115,927
Median Household Income
$57,254
Median Earnings
$1,491
Median Rent
$1,422,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Creative space - Flexible commercial configuration in Naples includes multiple studio-style units within the Naples Art District.
Where is this creative space located?
The property is located at 1078 1080 1082 6th Ave N Naples, FL.
What is the asking price?
The asking price for this property is $1,455,000.
What are key features of this property?
This property features: 3,000 square feet of total commercial space; Three individual 1,000‑square‑foot units; Two units are currently combined
