Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Immokalee Industrial Investment Opportunity Title is generated by Realmo AI

    502 New Market Rd E, Immokalee, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    10,576 SF industrial building in Immokalee, Florida for sale.

    Type:INDUSTRIAL
    Property size:
    10,576 SF
    Lot size:
    0.93 Acres
    Price / SF:
    $165/SF
    Added:
    Jun 11, 2025
    Days on Market:
    344
    Last Refresh:
    Apr 5 at 9:32 pm

    Property Features for 502 New Market Rd E

    General Information

    Standard status
    Active
    Size
    10,576 SF
    Lot size
    0.93 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 502 New Market Rd E Contact us

    We can help!

    Listing Contact
    Felipe Arcila
    Felipe Arcila

    Listing agent Felipe Arcila License ##SL3199905

    Listing office KOVA Commercial Group

    Listing date Jun 11, 2025

    Source Moodyscre

    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 KOVA Commercial Group

    HighLights

    • Strategic location in Immokalee, FL
    • Large 10,576 SF building
    • Zoned I (Industrial)
    • Built in 1986
    • Versatile layout suitable for customization
    • Well‑maintained facilities

    Overview

    This 10,576 SF industrial building, constructed in 1986, is located in Immokalee, FL. Zoned I, the property offers a versatile layout and customization possibilities. This property presents an opportunity for investors seeking a strategic foothold in a dynamic market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Immokalee
    County
    Collier
    State
    Florida
    Longitude
    -81.4102
    Latitude
    26.4218

    Nearby Similar for Sale

    • $1,200,000

      Distinctive Commercial Property in Immokalee

      High-visibility commercial property suitable for retail, medical, or professional uses.
      1312 N 15th Street, Immokalee, FL 34142
      View Details
    • $4,999,500
      1,200 SF

      Turnkey Farm with Greenhouse Infrastructure

      Improved agricultural land with greenhouses and full utility infrastructure.
      6150 PRINGLE LANE, IMMOKALEE, FL 34142
      View Details
    • $950,000

      Immokalee Office Building on SR 29

      Income-producing property with offices, lobby, and convenient access to major cities.
      1300 N 15th Street, Immokalee, FL 34142
      View Details
    • $2,632,000
      1,495 SF

      Wendy's Restaurant Ground Lease

      Wendy's in Immokalee, Florida, subject to a new 20-year lease.
      830 N 15th St, Immokalee, FL 34142
      View Details
    • $4,475,000
      28,596 SF

      Commercial Office Building For Sale

      Well-maintained office building with versatile layout and abundant parking.
      750 S 5th Street, Immokalee, FL 34142
      View Details
    • $4,999,500
      400,000 SF

      Turnkey Farm with Extensive Infrastructure

      77.92-acre agricultural property with greenhouses, residence, and warehouse.
      6150 Pringle Ln, Immokalee, FL 34142
      View Details
    • $1,995,000
      5,984 SF

      Freestanding Commercial Building with Warehouse

      5,984 SF building on 1.35 acres with C-4 zoning.
      1097 W Main St, Immokalee, FL 34142
      View Details
    • $4,475,000

      Immokalee Commercial Office Building For Sale

      Well-maintained commercial office building in Immokalee, Florida, with abundant parking.
      750 S 5th St, IMMOKALEE, FL 34142
      View Details
    • $700,000
      1,440 SF

      Commercial Property in Immokalee, Florida

      Commercial property suitable for retail or redevelopment in Immokalee, Florida.
      305 1st St S, Immokalee, FL 34142
      View Details

    FAQs

    What type of property is this?
    Industrial property - 10,576 SF industrial building in Immokalee, Florida for sale.
    Where is this industrial property located?
    The property is located at 502 New Market Rd E Immokalee, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Strategic location in Immokalee, FL; Large 10,576 SF building; Zoned I (Industrial)
    (239) 692-1097 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Felipe Arcila
    Felipe Arcila
    Real Estate License ID: #SL3199905
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    502 New Market Rd E, Immokalee, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!