Retail Building on Dixie
106 Dixie Avenue East Ave Maria, FL 34142
106 Dixie Avenue East, Ave Maria, FL, 34142
Contact for pricing
For Sale
Contact for pricing
4,700 SF retail building on 2.09 acres available.
Property Size4,700 SF
Lot Size2.09 Acres
Price / SF$276.38
Days on Market1028
Property Features for 106 Dixie Avenue East
General Information
- Standard status
- Active
- Size
- 4,700 SF
- Lot size
- 2.09 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1957
Listing agency
Investment Properties Corporation of Naples
(239) 261-3400
Listed by
Christine McManus · License #FL 653823
Source
Crexi
Added: Sep 29, 2023 Updated: Jul 6 at 8:24AM Checked: Jul 22 at 3:06PM
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 Investment Properties Corporation of Naples
Investment Insights
Based on property information with market context.
A 4,700 square foot building situated on 2.09 acres is available for purchase. The property is zoned C-5. Owner financing is available with 25% down.
Key Highlights
- 4,700 SF building on 2.09 acres
- Zoned C‑5
- Owner financing available
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.2k | $18.12 |
| − Vacancy | −$3.4k | −$0.72 |
| EGI | $81.8k | $17.40 |
| − OpEx | −$24.5k | −$5.22 |
| NOI | $57.2k | $12.18 |
4,700 SF · lease $18.12/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$817.6K
$715.4K – $953.8K
NOI $57,230 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,043 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 4,700 SF retail building on 2.09 acres available.
Where is this retail space located?
The property is located at 106 Dixie Avenue East Ave Maria, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4,700 SF building on 2.09 acres; Zoned C‑5; Owner financing available
