Professional Office in Central
For Sale
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5603 NAPLES BLVD, Naples, FL 34109
Stand-alone professional office building located in central Naples, Florida.
Property Size3,772 SF
Price / SF$488.34
Days on Market140
Property Features for 5603 NAPLES BLVD
General Information
Standard status
Active
Size
3,772 SF
Class
B
Property subtype
Office
Zoning
C-5
Building Details
Year Built
2001
Buildings
1
Units
1
Listing Agency:
Local CRE
Listed By:
Thomas Webb · License #BK 3252548
Source:
Crexi
Added: May 20
Changed: Oct 4
Last Checked: Oct 5 at 7:07PM
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 Local CRE
Investment Insights
Based on property information with market context.
This stand-alone professional office building is located in central Naples, Florida. The property offers a total size of 3,772 square feet and is suitable for commercial real estate purposes.
Key Highlights
- Stand alone professional office building
- Central Naples location
- Built in 2001
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,656
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,120
$1.6M
Cap Rate 7%
$1,109,371
$1.1M
Cap Rate 9%
$862,844
$862.8K
Market Conditions
NOI Build-Up for 3,772 SF
Gross rent
$113.2K $30.00/SF
− Vacancy
−$9.6K −$2.55/SF
EGI
$103.5K $27.45/SF
− OpEx
−$25.9K −$6.86/SF
NOI
$77.7K $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%
$1,553,120
Cap Rate 7%
$1,109,371
Cap Rate 9%
$862,844
Alternative Uses
Best Use
Office B
$1.11M
$970.7K – $1.29M
NOI $77,656 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.77M
NOI $105,971 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 34109, FL
26,102
Population
16,027
Households
1.6
Avg Household Size
55
Median Age
50%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,088
Density / Sq Mi
$91,073
Median Household Income
$57,422
Median Earnings
$1,873
Median Rent
$628,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Stand-alone professional office building located in central Naples, Florida.
Where is this office building located?
The property is located at 5603 NAPLES BLVD Naples, FL.
What is the asking price?
The asking price for this property is $1,842,000.
What are key features of this property?
This property features: Stand alone professional office building; Central Naples location; Built in 2001
