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    Naples Second-Floor Office Suite Title is generated by Realmo AI

    3960 Radio Rd, Naples, FL 34104

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    Well-maintained office suite with lake view in Naples, Florida.

    Type:Office
    Property size:
    1,184 SF
    Added:
    Mar 11, 2026
    Days on Market:
    65
    Last Refresh:
    Mar 16 at 12:20 pm

    Property Features for 3960 Radio Rd

    General Information

    Standard status
    Active
    Size
    1,184 SF
    Property subtype
    Office

    Spaces For Lease

    at 3960 Radio Rd Contact us

    $22 /Mo

    Size
    1,184 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    William Poteet
    William Poteet

    Listing agent William Poteet License #Florida - Bk185281

    Listing office Poteet Properties Inc

    Listing date Mar 11, 2026

    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 Poteet Properties Inc

    HighLights

    • Move‑in ready office suite with included quality office furniture.
    • Functional layout: reception area, three private offices, and conference/training room with kitchenette.
    • Scenic lake and preserve views from large windows.
    • Assigned covered parking space plus additional open parking.
    • Convenient access to common restrooms near the elevator.
    • Sprinkler system throughout the building for potential insurance savings.

    Overview

    This professional second-floor office suite is available for lease in a well-maintained building in Naples. The unit, in excellent condition, features quality office furniture that can remain for tenant use. Large windows offer a view of the lake and surrounding preserve area. The entire building is equipped with a sprinkler system. The suite's layout includes a large reception area, three private offices, and a conference or training room with a kitchenette that includes a refrigerator and dishwasher. Restrooms are located in a common area near the elevator entrance on each floor. The property includes one assigned covered parking space, with additional open parking available at the front and side of the building. According to Condominium documents, the leasable square footage is 1184 square feet, while the Collier County Appraiser's website states a useable square footage of 992 square feet. The landlord is seeking a five-year lease. This space is well suited for a small professional office such as an attorney, accountant, consultant, or real estate firm.
    Location Intelligence

    Current Use by Public Records

    Adecos Engineering Inc Structural Engineer Eagle Engineering & Land ... Engineer Neuromuscular Rehab Therapist ... Medical Clinic Brightway Insurance, The Kassar ... Insurance Agency Talent Ventures, LLC Music Venue

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7590624
    Latitude
    26.1528639

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    FAQs

    What type of property is this?
    Office units - Well-maintained office suite with lake view in Naples, Florida.
    Where is this office units located?
    The property is located at 3960 Radio Rd Naples, FL.
    What are key features of this property?
    This property features: Move‑in ready office suite with included quality office furniture.; Functional layout: reception area, three private offices, and conference/training room with kitchenette.; Scenic lake and preserve views from large windows.
    (239) 293-9797 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing William Poteet
    William Poteet
    Real Estate License ID: Florida - Bk185281
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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