Naples Industrial Park Investment
For Sale
$5,200,000
4627 Arnold Ave, Naples, FL 34104
Fully rented high-tech manufacturing, warehouse, distribution, and office property.
Property Size23,877 SF
Lot Size1.19 Acres
Price / SF$217.78
Days on Market154
Property Features for 4627 Arnold Ave
General Information
Standard status
Active
Size
23,877 SF
Lot size
1.19 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$32,000
Building Details
Building Size
23,877 SF
Year Built
1985
Stories
2
Listing Agency:
John R Wood Properties
(239) 571-6555
Listed By:
Jacques Groenteman · License #NAPLES-249512451
(239) 571-6555
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 4:53AM
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 John R Wood Properties
Investment Insights
Based on property information with market context.
This fully rented, two-story property is suitable for high-tech manufacturing, warehouse, distribution, and office use. Located in the heart of Naples, Florida, the building contains approximately 23,877 square feet, including 15,796 square feet of office space distributed across two floors. Features include hurricane impact-resistant window glazing, fire sprinklers, security cameras, and Nest brand thermostats. The property is situated in the Naples (Collier County) Industrial Park, east of Naples Municipal Airport. It offers convenient access to I-75 (Exit 105) via Livingston Avenue and Golden Gate Parkway, and is near US 41 via Airport Road and Golden Gate Parkway. Both I-75 and US 41 are less than 10 minutes away.
Key Highlights
- Fully rented property providing immediate income
- Located in the heart of Naples, FL, in the Collier County Industrial Park
- Convenient access to I‑75 (Exit 105) and 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
$207,462
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
3.99%
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%
$4,149,240
$4.1M
Cap Rate 7%
$2,963,743
$3.0M
Cap Rate 9%
$2,305,133
$2.3M
Market Conditions
NOI Build-Up for 23,877 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
$252.1K $10.56/SF
− Vacancy
−$8.1K −$0.34/SF
EGI
$244.1K $10.22/SF
− OpEx
−$36.6K −$1.53/SF
NOI
$207.5K $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 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%
$4,149,240
Cap Rate 7%
$2,963,743
Cap Rate 9%
$2,305,133
Alternative Uses
Best Use
Office B
$7.02M
$6.14M – $8.19M
NOI $491,568 @ 7.0% cap · market cap 9.45%
Second Best
Warehouse
$2.96M
$2.59M – $3.46M
NOI $207,462 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$9.58M
$8.39M – $11.18M
NOI $670,805 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
960
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Fully rented high-tech manufacturing, warehouse, distribution, and office property.
Where is this flex space located?
The property is located at 4627 Arnold Ave Naples, FL.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Fully rented property providing immediate income; Located in the heart of Naples, FL, in the Collier County Industrial Park; Convenient access to I‑75 (Exit 105) and US 41
