Versatile Industrial/Flex Condo in
For Sale
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3663 Arnold Ave, Naples, FL 34104
4,110± SF industrial/flex condo in South Naples Industrial Park.
Property Size4,110 SF
Price / SF$205.60
Days on Market229
Property Features for 3663 Arnold Ave
General Information
Standard status
Active
Size
4,110 SF
Class
A
Property subtype
Industrial
Zoning
Industrial
Investment Type
Owner/User
Building Details
Buildings
1
Stories
2
Listing Agency:
CRE Consultants
Listed By:
Dave Wallace, CCIM, SIOR · License #FL BK3074374
Source:
Crexi
Added: Feb 23
Changed: Aug 14
Last Checked: Jul 27 at 9:18AM
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
Investment Insights
Based on property information with market context.
This 4,110± SF industrial/flex condo is located in the South Naples Industrial Park, providing access to major arterial roads and the Naples Airport area. The property features 2,113± SF on the first floor, with a second-floor component suitable for office, showroom, or light industrial use. A 14’ x 14’ rear overhead door facilitates loading and operational functionality. Parking is available in the front and rear of the building. Zoned Industrial, the property allows for contractor services, light manufacturing, warehouse, flex, and related commercial uses.
Key Highlights
- Located in the highly desirable South Naples Industrial Park with excellent access to major arterial roads and the Naples Airport area.
- Versatile 4,110± SF industrial/flex condo suitable for office, showroom, or light industrial use.
- Zoned Industrial, allowing for contractor services, light manufacturing, warehouse, flex, and related commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,711
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,220
$714.2K
Cap Rate 7%
$510,157
$510.2K
Cap Rate 9%
$396,789
$396.8K
Market Conditions
NOI Build-Up for 4,110 SF
Gross rent
$43.4K $10.56/SF
− Vacancy
−$1.4K −$0.34/SF
EGI
$42.0K $10.22/SF
− OpEx
−$6.3K −$1.53/SF
NOI
$35.7K $8.69/SF
Area
Collier County, FL
Vacancy
3.20%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,220
Cap Rate 7%
$510,157
Cap Rate 9%
$396,789
Alternative Uses
Best Use
Warehouse
$510.2K
$446.4K – $595.2K
NOI $35,711 @ 7.0% cap · market cap 4.23%
Second Best
Flex RnD
$477.3K
$417.6K – $556.9K
NOI $33,411 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,467 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34104, FL
25,485
Population
16,062
Households
1.6
Avg Household Size
53
Median Age
33%
College-Educated
91%
High-School Grad
9.9 sq mi
ZIP Area
2,574
Density / Sq Mi
$70,301
Median Household Income
$40,680
Median Earnings
$1,742
Median Rent
$348,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - 4,110± SF industrial/flex condo in South Naples Industrial Park.
Where is this flex space located?
The property is located at 3663 Arnold Ave Naples, FL.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Located in the highly desirable South Naples Industrial Park with excellent access to major arterial roads and the Naples Airport area.; Versatile 4,110± SF industrial/flex condo suitable for office, showroom, or light industrial use.; Zoned Industrial, allowing for contractor services, light manufacturing, warehouse, flex, and related commercial uses.
