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Healthcare-Anchored Office Condominium
New
For Sale
$1,100,000

2375 Tamiami Trl N Ste 300, Naples, FL 34103

Healthcare-oriented office condominium with covered parking along US-41.

Property Size40,832 SF
Price / SF$440
Days on Market3

Property Features for 2375 Tamiami Trl N Ste 300

General Information

Standard status Active
Size 40,832 SF
Class B
Property subtype Office

Building Details

Building Size 40,832 SF
Year Built 1988
Abandoned No
Listing Agency: NAI Burns Scalo
Listed By: Gary Tasman · License #BK3002798
Source: Naiglobal
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 5:28PM

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 NAI Burns Scalo

Investment Insights

Based on property information with market context.

This office condominium contains approximately 2,500 SF within Woodmere Professional Center, an established professional office complex. The property supports healthcare-oriented office use and includes covered parking. Constructed in 1988, the suite is identified as Ste 300 at 2375 Tamiami Trl N in Naples.

The property fronts Tamiami Trail North, also designated US-41, providing a visible and accessible position in North Naples. The surrounding office submarket is reported at 3.5% vacancy, with the asset situated near medical, retail, and office amenities. The property information also identifies an established operating business and healthcare-focused tenancy.

Key Highlights

  • Approximately 2,500 SF office condominium
  • Healthcare‑oriented office use with established operating business
  • Located along Tamiami Trail North (US‑41)

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,469
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.68%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,029,380 $1.0M
Cap Rate 7%
$735,271 $735.3K
Cap Rate 9%
$571,878 $571.9K
Market Conditions
NOI Build-Up for 2,500 SF 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.
Gross rent
$75.0K $30.00/SF
− Vacancy
−$6.4K −$2.55/SF
EGI
$68.6K $27.45/SF
− OpEx
−$17.2K −$6.86/SF
NOI
$51.5K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,029,380
Cap Rate 7%
$735,271
Cap Rate 9%
$571,878

Alternative Uses

Best Use
Office B
$735.3K
$643.4K – $857.8K (±1% cap)
NOI $51,469 @ 7.0% cap · market cap 4.68%
Second Best
Healthcare Medical
$478.7K
$418.9K – $558.5K (±1% cap)
NOI $33,509 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.00M
$878.0K – $1.17M (±1% cap)
NOI $70,236 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Frater Law Firm Law Firm David McElrath, Attorney ... Law Firm Yeager Cheffy Jane Law Firm Rogers Wood Hill ... Accounting Firm Excel Real Estate ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Plumbing Service Storage Facility Grocery & Convenience Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,431
Businesses Nearby

Demographics for 34103, FL

11,822
Population
10,443
Households
1.1
Avg Household Size
63
Median Age
59%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
3,031
Density / Sq Mi
$115,262
Median Household Income
$57,831
Median Earnings
$2,039
Median Rent
$938,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Healthcare-oriented office condominium with covered parking along US-41.
Where is this office units located?
The property is located at 2375 Tamiami Trl N Ste 300 Naples, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 2,500 SF office condominium; Healthcare‑oriented office use with established operating business; Located along Tamiami Trail North (US‑41)
More about this property
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