Freestanding Commercial Building with
1097 W Main St, Immokalee, FL 34142
For Sale
Contact for pricing
5,984 SF building on 1.35 acres with C-4 zoning.
Property Size5,984 SF
Lot Size1.35 Acres
Price / SF$333.39
Days on Market247
Property Features for 1097 W Main St
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Building Details
Buildings
Stories
Listing Agency:
LSI Companies
Listed By:
Mike Trivett · License FL SL3518487
(239) 940-3171
Source:
Crexi
Added: Mar 10
Changed: Oct 26
Last Checked: Nov 10 at 8:55AM
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 LSI Companies
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Investment Insights
Based on property information with market context.
This is a fully built-out, single-tenant, freestanding commercial building featuring a retail showroom and rear warehouse space. The 5,984± square foot building is situated on a 1.35± acre lot and is being sold as vacant. It is zoned C-4, one of the more intensive commercial zoning districts in Collier County, offering flexibility for end-users and speculative investors. The property includes two points of ingress/egress in both the front and rear, along with a single roll-up door in the rear of the building that provides access to the warehouse. Immokalee benefits from its location within a growing Southwest Florida economy. The property's zoning allows for various permitted uses, including business services, hardware stores, household appliance stores, laundries and dry cleaning, medical and dental laboratories, healthcare services, home furniture and furnishings stores, dry cleaning plants, child care services, car washes, churches, and agricultural services. The retail vacancy rates are currently at 2.7%, and industrial vacancy rates are at 1.3%.
Key Highlights
- Freestanding 5,984± Sq. Ft. commercial building on a spacious 1.35± acres.
- C‑4 zoning allows for a wide range of intensive commercial uses.
- Being sold as vacant, offering immediate occupancy or redevelopment potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,865
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,300
$1.5M
Cap Rate 7%
$1,040,929
$1.0M
Cap Rate 9%
$809,611
$809.6K
Market Conditions
NOI Build-Up for 5,984 SF
Gross rent
$108.4K $18.12/SF
− Vacancy
−$4.3K −$0.72/SF
EGI
$104.1K $17.40/SF
− OpEx
−$31.2K −$5.22/SF
NOI
$72.9K $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%
$1,457,300
Cap Rate 7%
$1,040,929
Cap Rate 9%
$809,611
Alternative Uses
Best Use
Retail
$1.04M
$910.8K – $1.21M
NOI $72,865 @ 7.0% cap · market cap 3.65%
Second Best
Warehouse
$742.8K
$649.9K – $866.6K
NOI $51,994 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,116 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Showroom - 5,984 SF building on 1.35 acres with C-4 zoning.
Where is this showroom located?
The property is located at 1097 W Main St Immokalee, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Freestanding 5,984± Sq. Ft. commercial building on a spacious 1.35± acres.; C‑4 zoning allows for a wide range of intensive commercial uses.; Being sold as vacant, offering immediate occupancy or redevelopment potential.
