Flex Warehouse with
For Sale
Contact for pricing
2221 Corporation Blvd, Naples, FL 34109
Flex property combining office and warehouse space with 20’ clear height, loading dock, and 18 parking spaces.
Property Size15,255 SF
Price / SF$262.21
Days on Market474
Property Features for 2221 Corporation Blvd
General Information
Standard status
Active
Size
15,255 SF
Total Parking Spaces
18
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
1
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Business Included
No
Highway Access
Yes
Amenities
air-conditioned office
Building Details
Stories
2
Construction
block and steel
Listing Agency:
CRE Consultants | Naples
(239) 659-1447
Listed By:
Dave Wallace, CCIM, SIOR · License #3305821
(239) 659-1447
Source:
Moodyscre
Added: Apr 17, 2025
Changed: Jul 28
Last Checked: Aug 2 at 2:29PM
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 CRE Consultants | Naples
Investment Insights
Based on property information with market context.
This flex warehouse property includes office and warehouse space across two levels. The ground floor offers 2,158± SF of office space and 9,317± SF of warehouse space. The second floor adds 2,100± SF of office space and 1,680± SF of warehouse space.
Constructed with durable block and steel, the building is equipped with 3-phase power and a sprinkler system. Office areas include air conditioning, while the warehouse is not air-conditioned. Additional improvements include a 5± year-old roof, 20’ clear height, and a loading dock, along with 18 parking spaces. Located on a corner lot in Naples, FL, the property provides visibility and accessibility with quick access to major thoroughfares including I-75, Pine Ridge Road, Airport-Pulling Road, and N Tamiami Trail (US-41).
Constructed with durable block and steel, the building is equipped with 3-phase power and a sprinkler system. Office areas include air conditioning, while the warehouse is not air-conditioned. Additional improvements include a 5± year-old roof, 20’ clear height, and a loading dock, along with 18 parking spaces. Located on a corner lot in Naples, FL, the property provides visibility and accessibility with quick access to major thoroughfares including I-75, Pine Ridge Road, Airport-Pulling Road, and N Tamiami Trail (US-41).
Key Highlights
- Flex property with office and warehouse space: 2,158± SF office and 9,317± SF warehouse on the ground floor
- Second floor adds 2,100± SF office and 1,680± SF warehouse
- Warehouse includes 20’ clear height plus a loading dock
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 | $457.7k | $30.00 |
| − Vacancy | −$38.9k | −$2.55 |
| EGI | $418.7k | $27.45 |
| − OpEx | −$104.7k | −$6.86 |
| NOI | $314.1k | $20.59 |
15,255 SF · lease $30.00/SF/yr · vacancy 8.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.49M
$3.93M – $5.23M
NOI $314,062 @ 7.0% cap · market cap 7.85%
Second Best
Warehouse
$1.89M
$1.66M – $2.21M
NOI $132,547 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$6.12M
$5.36M – $7.14M
NOI $428,577 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Dock-high doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34109, FL
26,102
Population
16,027
Households
1.6
Avg Household Size
55
Median Age
50%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,088
Density / Sq Mi
$91,073
Median Household Income
$57,422
Median Earnings
$1,873
Median Rent
$628,700
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?
Flex space - Flex property combining office and warehouse space with 20’ clear height, loading dock, and 18 parking spaces.
Where is this flex space located?
The property is located at 2221 Corporation Blvd Naples, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Flex property with office and warehouse space: 2,158± SF office and 9,317± SF warehouse on the ground floor; Second floor adds 2,100± SF office and 1,680± SF warehouse; Warehouse includes 20’ clear height plus a loading dock
