Office Building with Flexible
For Sale
Contact for pricing
900 N Collier Blvd, Marco Island, FL 34145
Flexible floor plans support office, medical, and professional service uses with ample parking and convenient visitor access.
Property Size13,672 SF
Price / SF$475.42
Days on Market166
Property Features for 900 N Collier Blvd
General Information
Standard status
Active
Size
13,672 SF
Class
B
Property subtype
Office
Zoning
C4
Additional Details
Road Access
Yes
Building Details
Buildings
1
Stories
3
Listing Agency:
Lee & Associates - Naples
(239) 398-7349
Listed By:
Cody T. Shadley · License #SL3305867
Source:
Crexi
Added: Mar 18
Changed: Aug 29
Last Checked: Jul 18 at 1:58AM
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
Investment Insights
Based on property information with market context.
This office building provides flexible floor plans for office, medical, and professional service users. The property includes ample parking, convenient access for tenants and visitors, and panoramic views. Built in 1986, the building is located at 900 N Collier Blvd in Marco Island, Florida.
Visibility along N Collier Boulevard adds a clear street presence, while the location provides access within Marco Island’s coastal commercial community. Walk Score is 48, classified as Car-Dependent, and Bike Score is 61, classified as Bikeable.
Visibility along N Collier Boulevard adds a clear street presence, while the location provides access within Marco Island’s coastal commercial community. Walk Score is 48, classified as Car-Dependent, and Bike Score is 61, classified as Bikeable.
Key Highlights
- Flexible floor plans for office, medical, and professional service users
- Ample parking with convenient tenant and visitor access
- Visible location along N Collier Boulevard
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
$281,472
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
4.33%
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%
$5,629,440
$5.6M
Cap Rate 7%
$4,021,029
$4.0M
Cap Rate 9%
$3,127,467
$3.1M
Market Conditions
NOI Build-Up for 13,672 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
$410.2K $30.00/SF
− Vacancy
−$34.9K −$2.55/SF
EGI
$375.3K $27.45/SF
− OpEx
−$93.8K −$6.86/SF
NOI
$281.5K $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 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%
$5,629,440
Cap Rate 7%
$4,021,029
Cap Rate 9%
$3,127,467
Alternative Uses
Best Use
Office B
$4.02M
$3.52M – $4.69M
NOI $281,472 @ 7.0% cap · market cap 4.33%
Second Best
Healthcare Medical
$2.62M
$2.29M – $3.05M
NOI $183,253 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$5.49M
$4.80M – $6.40M
NOI $384,104 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,220
Businesses Nearby
Explore this area
Business Placement
Demographics for 34145, FL
15,717
Population
18,436
Households
0.9
Avg Household Size
66
Median Age
48%
College-Educated
97%
High-School Grad
16.3 sq mi
ZIP Area
964
Density / Sq Mi
$104,105
Median Household Income
$53,813
Median Earnings
$1,955
Median Rent
$866,200
Median Home Value
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 - Flexible floor plans support office, medical, and professional service uses with ample parking and convenient visitor access.
Where is this office building located?
The property is located at 900 N Collier Blvd Marco Island, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Flexible floor plans for office, medical, and professional service users; Ample parking with convenient tenant and visitor access; Visible location along N Collier Boulevard
