Building Details

Buildings 1

Listing Agency: Investment Properties Corporation of Naples

Listed By: David Stevens · License #FL 410735 Show Phone

Source: Crexi

Added: May 16 Changed: Oct 2 Last Checked: Oct 12 at 7:01PM

Report an Issue

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.

This 5,471 square foot medical office condo is located off Vanderbilt Beach Road in Vanderbilt Galleria. The property is fully leased to a dermatology group. It is within walking distance to The Shoppes at Vanderbilt and is surrounded by medical, retail, office, and residential properties. The property is intended for commercial real estate use.

Key Highlights

• Fully leased to a sizeable dermatology group, providing immediate income.
• Located off Vanderbilt Beach Road in Vanderbilt Galleria, a highly desirable area.
• 5,471 +/- square feet of medical office space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$112,634

Cap Rate

4.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,252,680 $2.3M

Cap Rate 7%

$1,609,057 $1.6M

Cap Rate 9%

$1,251,489 $1.3M

Market Conditions

NOI Build-Up for 5,471 SF

Gross rent

$164.1K $30.00/SF

− Vacancy

−$14.0K −$2.55/SF

EGI

$150.2K $27.45/SF

− OpEx

−$37.5K −$6.86/SF

NOI

$112.6K $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%

$2,252,680

Cap Rate 7%

$1,609,057

Cap Rate 9%

$1,251,489

Alternative Uses

Best Use

Office B

$1.61M

$1.41M – $1.88M (±1% cap)

NOI $112,634 @ 7.0% cap · market cap 4.33%

Second Best

Healthcare Medical

$1.05M

$916.6K – $1.22M (±1% cap)

NOI $73,331 @ 7.0% cap · market cap 2.82%

Theoretical Best

Office A

$2.20M

$1.92M – $2.56M (±1% cap)

NOI $153,703 @ 7.0% cap · market cap 5.91%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Stephanie Simmerman Physician Mark Prysi, M.D. Physician Miss Sara Drew Physician Dr. David Goodman Physician Melanie A. Stover BSN, ... Physician

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Electrical Service Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,394

Businesses Nearby

Balanced

Demand for This Use

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

Market

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Freestanding Office Building with Medical Suite

5286 Golden Gate Pkwy S, Naples, FL 34116

$1,500,000

3,000 SF

View details

Freestanding Multi-Tenant Office Building

2-5286 Golden Gate Pkwy, Naples, FL 34102

$1,500,000

3,000 SF

View details

Built-Out Office Condominium with Entrances

24-1090 6th Ave N, Naples, FL 34102

$1,299,000

3,000 SF

View details

Healthcare-Anchored Office Condominium

2375 Tamiami Trl N Ste 300, Naples, FL 34103

$1,100,000

2,500 SF

View details

Built-Out Medical Office Suite

1890 SW Health Pkwy., #301-3A, Naples, FL 34109

Contact for pricing

4,061 SF

View details

Freestanding Medical Office Building

1750 Southwest Health Parkway, Naples, FL 34109

Contact for pricing

4,000 SF

View details

First-Floor Medical Office Condo

9010 Strada Stell Ct, Naples, FL 34109

Contact for pricing

View details

Office and Medical Condo Unit

2335 9th St N, Unit 404, Naples, FL 34103

Contact for pricing

1,130 SF

View details

Class A Medical Office Space

49 8th St N, Naples, FL 34102

Contact for pricing

View details

Waterfront Mixed-Use Property

3270 Bayshore Dr, Naples, FL 34112

$3,995,000

0.42 Acres

View details

Pine Ridge Industrial Park Opportunity

6344 Janes Ln, Naples, FL 34109

$1,299,000

6,249 SF

View details

Two-Story Duplex with Pool

699 Fairway Ter, Naples, FL 34103

$3,200,000

3,925 SF

View details

Similar Off Market Nearby

• Lehman Al Dvm - North Naples Veterinary Hosp — 2500 Vanderbilt Beach Rd Suite 1110, Naples, FL 34109
• Carver Deirdre DVM — 333 Vanderbilt Beach Rd, Naples, FL 34109, United States
• Loving Care For Animal Friends — Naples, FL 34109
• North Naples Veterinary Hospital — 2500 Vanderbilt Beach Rd Suite 1110, Naples, FL 34109
• St Clair William DVM — 2500 vanderbilt beach rd suite 1110, naples, fl 34109

Frequently Asked Questions

What type of property is this?

Medical Office Space - Medical office condo in Vanderbilt Galleria, fully leased.

Where is this medical office space located?

The property is located at 9125 Corsea Del Fontana Way Naples, FL.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Fully leased to a sizeable dermatology group, providing immediate income.; Located off Vanderbilt Beach Road in Vanderbilt Galleria, a highly desirable area.; 5,471 +/- square feet of medical office space.