180 9th St S Naples, FL 34102
Commercial condo units for sale in a mixed-use building.
- Added:
- Feb 9, 2024
- Days on Market:
- 883
- Last Refresh:
- May 12 at 8:55 pm
Property Features for 180 9th St S
General Information
- Standard status
- Active
- Size
- 11,840 SF
- Lot size
- 0.75 Acres
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 2024
Listing office Lee & Associates - Naples (239) 209-0458
Listing date Feb 9, 2024
Source Crexi
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 Lee & Associates - Naples
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Olde Naples.
- Newly built in 2024.
- 3,633 square feet of commercial/office space available.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $355.2k | $30.00 |
| − Vacancy | −$30.2k | −$2.55 |
| EGI | $325.0k | $27.45 |
| − OpEx | −$81.3k | −$6.86 |
| NOI | $243.8k | $20.59 |
