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Corner Office Units with Elevator

4707 Enterprise Ave #3 A+B, Naples, FL 34104

For Sale
Contact for pricing

A two-unit office configuration includes an elevator, four bathrooms, and covered entry access.

Property Size19,000 SF
Price / SF$0.42
Days on Market128

Property Features for 4707 Enterprise Ave #3 A+B

General Information

Standard status Active
Size 19,000 SF
Total Parking Spaces 45
Elevators Yes
Property subtype Commercial

Additional Details

Floor First Floor
Public Transit Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $35,000

Amenities

covered double door entrances
4 bathrooms
solid wood doors
high ceilings
vault
wood grain vinyl floors

Building Details

Building Size 19,000 SF
Year Built 1997
Stories 2
Tenancy Multiple
Construction brick
Listing Agency: John R Wood Properties
Listed By: Carl Neuhaus
Source: Jvegarealty
Added: Jul 9 Changed: Nov 12 Last Checked: Nov 12 at 5:59PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 19,000-square-foot, two-unit office property was built in 1997 for the original builder’s company. The all-brick corner building has a large elevator, four bathrooms, solid wood doors, high ceilings, and a vault. Four covered entrances, each with double doors, serve the property. New commercial-grade wood-grain vinyl flooring is installed on the first floor.

The property is in Naples Production Park, one block from Livingston Road, and on a bus route.

Key Highlights

  • 19,000‑square‑foot office property comprising two units
  • All‑brick corner building with a large elevator and 4 bathrooms
  • 4 covered entrances with double doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$391,163
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,823,260 $7.8M
Cap Rate 7%
$5,588,043 $5.6M
Cap Rate 9%
$4,346,256 $4.3M
Market Conditions
NOI Build-Up for 19,000 SF
Gross rent
$570.0K $30.00/SF
− Vacancy
−$48.5K −$2.55/SF
EGI
$521.6K $27.45/SF
− OpEx
−$130.4K −$6.86/SF
NOI
$391.2K $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%
$7,823,260
Cap Rate 7%
$5,588,043
Cap Rate 9%
$4,346,256

Alternative Uses

Best Use
Office B
$5.59M
$4.89M – $6.52M (±1% cap)
NOI $391,163 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.63M
$6.67M – $8.90M (±1% cap)
NOI $533,790 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

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

Average Price Trend$/SF for Office Units in Naples, FL

$348 Jul
$256 Aug
$258 Sep
$272 Oct

Properties on Market for Office Units in Naples

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A two-unit office configuration includes an elevator, four bathrooms, and covered entry access.
Where is this office unit located?
The property is located at 4707 Enterprise Ave #3 A+B Naples, FL.
What are key features of this property?
This property features: 19,000‑square‑foot office property comprising two units; All‑brick corner building with a large elevator and 4 bathrooms; 4 covered entrances with double doors
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