Building Details

Building Size 14,000 SF

Year Built 1988

Listing Agency: Lee & Associates - Naples

Listed By: Bill Young · License #3020101 Show Phone

Source: Lee-associates

Added: Jul 24 Changed: Oct 25 Last Checked: Oct 24 at 3:02PM

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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 Lee & Associates - Naples

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Investment Insights

Based on property information with market context.

Industrial flex condo units are available in a small-format configuration, with suites sized from 1,000 to 2,000 SF. This product is well suited for businesses needing a flexible combination of functional space within an ownership-style condo framework.

The property is located at 4573 Enterprise Ave in Naples, Florida, offering straightforward access to a compact industrial-flex footprint. For buyers and investors evaluating smaller industrial flex allocations, these condos provide a defined suite size range for planning and occupancy decisions.

Key Highlights

• Industrial flex condo suites available in 1,000 to 2,000 SF sizes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,258

Cap Rate

4.41%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$325,160 $325.2K

Cap Rate 7%

$232,257 $232.3K

Cap Rate 9%

$180,644 $180.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,000 SF

Gross rent

$25.9K $12.96/SF

− Vacancy

−$907 −$0.45/SF

EGI

$25.0K $12.51/SF

− OpEx

−$8.8K −$4.38/SF

NOI

$16.3K $8.13/SF

Area

Collier County, FL

Vacancy

3.50%

Lease Rate

$12.96 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$325,160

Cap Rate 7%

$232,257

Cap Rate 9%

$180,644

Alternative Uses

Best Use

Flex RnD

$232.3K

$203.2K – $271.0K (±1% cap)

NOI $16,258 @ 7.0% cap · market cap 4.41%

Second Best

Industrial

$192.2K

$168.2K – $224.3K (±1% cap)

NOI $13,456 @ 7.0% cap · market cap 3.65%

Theoretical Best

Office A

$802.7K

$702.4K – $936.5K (±1% cap)

NOI $56,188 @ 7.0% cap · market cap 15.23%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

iPrint Graphix Vehicle ... (Bike/Boat/Book/etc) Store Cornerstone Pool Service General Contractor High Performance Auto ... Auto Repair Shop Marble & granite pro ... Home Decor Store A5 Air Conditioning, ... HVAC Service

Suggested Use

Top Pick Dental Office Restaurant Pharmacy Parking Lot & Garage Grocery & Convenience Store Nail Salon

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

1,553

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Similar Off Market Nearby

• Prestige Catering Naples | Event and Private Catering — 4406 Exchange Ave STE 141, Naples, FL 34104
• Nguyen Street LLC — 3606 Enterprise Ave Ste 200, Naples, FL 34104, United States
• Carolina Catering Company — 4110 Enterprise Ave #102, Naples, FL 34104
• Island Kitchen In-Flight Catering — 4110 Enterprise Ave STE 114, Naples, FL 34104
• Southern Sky Inflight Catering — 4110 Enterprise Ave STE 114, Naples, FL 34104

Frequently Asked Questions

What type of property is this?

Flex space - Industrial flex condos are offered in suite sizes ranging from 1,000 to 2,000 SF.

Where is this flex space located?

The property is located at 4573 Enterprise Ave Naples, FL.

What is the asking price?

The asking price for this property is $369,000.

What are key features of this property?

This property features: Industrial flex condo suites available in 1,000 to 2,000 SF sizes