Two-Unit Office
New
For Sale
$1,200,000
1312 N 15th St., Immokalee, FL 34142
Both units have an accessible restroom, kitchenette, and storage area.
Property Size3,000 SF
Price / SF$400
Days on Market6
Property Features for 1312 N 15th St.
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Office Units
2
Currently Operating
Yes
Property Use
Insurance office and photography studio
Amenities
Old Florida facade
shingle roof
impact windows
large Southern-style front porches
handicap-accessible restrooms
kitchenettes
storage
central AC units
mini-split
Building Details
Building Size
3,000 SF
Buildings
1
Stories
1
Construction
concrete block
Listing Agency:
Southern Heritage Real Estate
(863) 675-4500
Listed By:
Sherri Denning · License #258000253
(863) 673-0829
Source:
Futureoptionrealty
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 4:11AM
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 Southern Heritage Real Estate
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Investment Insights
Based on property information with market context.
This two-unit office property features concrete block construction, impact windows, a shingle roof, and broad front porches. Each unit includes a handicap-accessible restroom, kitchenette, and storage. Climate control is provided by two central AC systems and a mini-split serving the south addition. Paved parking is on site.
Key Highlights
- Two office units, each with an accessible restroom, kitchenette, and storage
- Concrete block construction with impact windows and a shingle roof
- Two central AC units plus a mini‑split in the south addition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,763
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
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
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 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 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,283 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Both units have an accessible restroom, kitchenette, and storage area.
Where is this office building located?
The property is located at 1312 N 15th St. Immokalee, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two office units, each with an accessible restroom, kitchenette, and storage; Concrete block construction with impact windows and a shingle roof; Two central AC units plus a mini‑split in the south addition
