Corner Office
For Sale
$299,000
3960 Radio Rd 101, Naples, FL 34104
Fresh paint, mixed flooring, and a functional layout create a polished professional workspace.
Property Size775 SF
Price / SF$385.81
Days on Market47
Property Features for 3960 Radio Rd 101
General Information
Standard status
Active
Size
775 SF
Property subtype
Commercial
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$1,791
Building Details
Year Built
2006
Stories
3
Listing Agency:
Kunkle Realty LLC
Listed By:
Wes Kunkle, Jr.
(239) 216-2839
Source:
Elliman
Added: Sep 5
Changed: Oct 18
Last Checked: Oct 20 at 10:31PM
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 Kunkle Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 775-square-foot office condo occupies a corner position within Naples Florida Corporate Park. The suite includes a functional interior arrangement, recently painted walls, and a combination of wood and carpet flooring. Corner placement brings natural light into the workspace and provides visibility from multiple sides.
Built in 2006, the property is located at 3960 Radio Road, Unit 101, in Naples, Florida. Walk Score is 42, reflecting a car-dependent setting, while Bike Score is 48, classified as somewhat bikeable. The office is presented as move-in ready and is suited to professional business use.
Built in 2006, the property is located at 3960 Radio Road, Unit 101, in Naples, Florida. Walk Score is 42, reflecting a car-dependent setting, while Bike Score is 48, classified as somewhat bikeable. The office is presented as move-in ready and is suited to professional business use.
Key Highlights
- 775‑square‑foot corner office condo
- Located in Naples Florida Corporate Park
- Newly painted interior walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,955
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,100
$319.1K
Cap Rate 7%
$227,929
$227.9K
Cap Rate 9%
$177,278
$177.3K
Market Conditions
NOI Build-Up for 775 SF
Gross rent
$23.3K $30.00/SF
− Vacancy
−$2.0K −$2.55/SF
EGI
$21.3K $27.45/SF
− OpEx
−$5.3K −$6.86/SF
NOI
$16.0K $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%
$319,100
Cap Rate 7%
$227,929
Cap Rate 9%
$177,278
Alternative Uses
Best Use
Office B
$227.9K
$199.4K – $265.9K
NOI $15,955 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$311.0K
$272.2K – $362.9K
NOI $21,773 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,362
Businesses Nearby
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Fresh paint, mixed flooring, and a functional layout create a polished professional workspace.
Where is this office unit located?
The property is located at 3960 Radio Rd 101 Naples, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 775‑square‑foot corner office condo; Located in Naples Florida Corporate Park; Newly painted interior walls
