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    848 1St Ave Naples, FL 34102

    Sponsored
    For Lease
    $37 SF/Yr

    Downtown Naples Executive Suites, 875-2665 SF Available

    Lot size:
    16,875 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Askar Building, located at 848 1st Ave N in Naples, Florida (zip code 34102), presents a unique opportunity for businesses seeking prime office space in the heart of downtown. This three-story building, constructed in 1970, offers a total of 16,875 square feet of retail and office space, with a minimum divisible unit of 875 square feet and a maximum contiguous space of 2,665 square feet. Currently, 5,643 square feet are vacant and ready for immediate occupancy. The building features attractive 12'2" ceilings, providing a spacious and modern feel. The Askar Building is conveniently located near 5th Avenue, offering excellent access to a variety of amenities and businesses. Ample parking is available with 73 spaces provided for tenants and their clients. The property is classified as Executive Office and Commercial, suitable for a variety of professional uses. Multiple tenancy options are available, making it ideal for businesses of various sizes. This Collier County property offers a blend of classic charm and modern functionality, making it an exceptional investment opportunity in a thriving downtown Naples location.

    Property Features for 848 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,875 SF
    Total Rate
    52031.25

    Building Details

    Year Built
    1970
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 350
    Size
    875 SF
    Space
    Suite 220
    Size
    1,067 SF
    Rate per SF
    $40

    HighLights

    • Prime downtown Naples location at 848 1st Ave N, zip code 34102.
    • Three‑story building (1970 construction) totaling 16,875 square feet of office and retail space.
    • 5,643 square feet of immediately available space; units from 875 to 2,665 square feet.
    • Attractive 12'2" ceilings and ample parking (73 spaces).
    • Executive office and commercial space near 5th Avenue, suitable for multiple tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lorraine Fierro, MSPT Physical Therapist Mark Rubino MD ... Neurologist Forszpaniak Christine MD Infectious Disease Physician Ballew Darlene W ... Speech Pathologist Smith Pamela S Marriage Or Relationship Counselor

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7965115
    Latitude
    26.14814

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Naples Executive Suites, 875-2665 SF Available
    Where is this office property / space located?
    The property is located at 848 1St Ave Naples, FL.
    What is the lease rate?
    The lease rate is $0.00-$40 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Naples location at 848 1st Ave N, zip code 34102.; Three-story building (1970 construction) totaling 16,875 square feet of office and retail space.; 5,643 square feet of immediately available space; units from 875 to 2,665 square feet.
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    848 1St Ave Naples, FL 34102
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    Naples, FL 34102
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    Realmo Value Estimation

    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.

    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.

    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
    848 1St Ave Naples, FL 34102
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