Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    938 3Rd Ave N Naples, FL 34102

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail property with 4,192 square feet available for lease.

    Property size:
    4,192 SF
    Lot size:
    0.16 Acres

    Property Features for 938 3Rd Ave N

    General Information

    Size
    4,192 SF
    Lot size
    0.16 Acres

    We can help!

    Listing Contact
    Tara L. Stokes
    Source: Moodyscre

    Listing Agency: Investment Properties Corporation (IPC) Listing Agent: Tara L. Stokes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space Available For Lease

    A retail property offering 4,192 square feet of space is available for lease. The property is located at 938 3rd Ave N, Naples, FL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Studio Haideux Photography Service Lovetto Design Interior Design Hudson Park Interior ... Interior Design Design Central of SW ... Interior Design Get Nailed Third ... Hair Salon

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7953693
    Latitude
    26.150545

    Nearby Similar for Lease

    • New
      Contact for pricing

      Turnkey Office Space in Naples

      Commercial condo unit for rent in prime Naples location.
      2335 Tamiami Trl N, Naples, FL 34103
      View Details
    • Sponsored
      New
      Contact for pricing

      Tamiami Trail

      Flexible workspace in Bishop Ranch 3
      4851 Tamiami Trl, Naples, FL 34103
      View Details
    • Sponsored
      New
      Contact for pricing

      FL, Naples - Tamiami Trail E

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      3080 Naples Blvd, Naples, FL 34112
      View Details
    • Sponsored
      Contact for pricing

      FL, Naples - 3003 Tamiami Trail

      Workspaces, services and support to help you work better in John Hancock Center
      3003 Tamiami Trl, Naples, FL 34103
      View Details
    • $18 SF/Yr
      3,314 SF

      Naples Flex Space Available

      Industrial flex space with office and warehouse in Naples, FL.
      3573 Enterprise Ave, Naples, FL 34104
      View Details
    • $15 SF/Yr
      24,833 SF

      Prime Retail Space on US 41

      Freestanding 24,833 SF retail building with excellent visibility on US 41.
      10001 Tamiami Trl E, Naples, FL 34113
      View Details
    • $18 SF/Yr
      3,831 SF

      Office Space on Tamiami Trail

      Second-floor office unit with frontage on US 41 available for rent.
      5020 Tamiami Trl N, Naples, FL 34103
      View Details
    • $15 SF/Yr
      3,360 SF

      East Naples Retail/Warehouse Space

      Retail and warehouse space with high visibility and ample parking.
      4221 Tamiami Trl E, Naples, FL 34112
      View Details
    • $25 SF/Yr
      1,130 SF

      Moorings Professional Building Office Space

      Office space for lease in a prestigious Naples building.
      2335 Tamiami Trl N, Naples, FL 34103
      View Details
    • $25 SF/Yr
      4,290 SF

      Move-in Ready Office Space

      Class A office space suitable for professional uses.
      3701 Tamiami Trl N, Naples, FL 34103
      View Details
    • $25 SF/Yr
      1,680 SF

      Retail Space on US 41

      High-visibility retail space in Naples with strong demographics.
      13500 Tamiami Trl N, Naples, FL 34110
      View Details
    • $35 SF/Yr
      2,000 SF

      Retail Space in Pelican Bay

      Retail space available in Naples' Pelican Bay community.
      8811-8853 Tamiami Trl N, Naples, FL 34108
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property with 4,192 square feet available for lease.
    Where is this retail property located?
    The property is located at 938 3Rd Ave N Naples, FL.
    What are key features of this property?
    This property features: - 4,192 square feet available for lease; - Retail property
    (239) 261-3400 Call to check price and availability
    Request Owner's contact information
    938 3Rd Ave N Naples, FL 34102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    938 3Rd Ave N
    Naples, FL 34102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    938 3Rd Ave N Naples, FL 34102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tara L. Stokes
    (239) 261-3400
    Learn more
    Google sign-in failed. Please try again or use another login method.