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    848 1St Ave Naples, FL 34102

    • Office buildings
    • 5,625 SF
    • 0.89 lot acres
    For Lease
    View listing
    $37 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US18-3273732
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lorraine Fierro, MSPT / Physical Therapist / Physical Therapy Clinic
    • Mark Rubino MD LLC / Neurologist
    • Forszpaniak Christine MD / Infectious Disease Physician
    • Ballew Darlene W MA / Speech Pathologist / Hearing Aid Store
    • Smith Pamela S / Marriage Or Relationship Counselor

    Property Details for 848 1St Ave

    Year built
    1970
    Lot size
    0.89 lot acres
    Property size
    5,625 SF
    Zone code
    NAPLES
    Property type
    Office buildings
    APN
    14045280004
    APU
    14045280004

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7966
    Latitude
    26.1481
    CBSA code
    34940
    CBSA name
    NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,237
    $3,288,094
    $1,276,287
    $4,564,381
    -
    $3,288,094
    $1,276,287
    $4,564,381

    Comparable in this City

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      OFFICE BUILDING • 12,660 SF
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      350 5th S Ave

      OFFICE BUILDING • 7,512 SF
      350 5th S Ave, Naples, FL 34102-6576
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      5,377 SF

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      OFFICE BUILDING • 5,377 SF
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    • Value Estimation by Request
      6,421 SF

      990 Tamiami N Trl

      OFFICE BUILDING • 6,421 SF
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    • Value Estimation by Request
      4,753 SF

      494 5th S Ave

      OFFICE BUILDING • 4,753 SF
      494 5th S Ave, Naples, FL 34102-6526
      View Details

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    Similar Nearby for Lease

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      Prime Naples Executive Office Space

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    • $37 SF/Yr
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      Askar Building: Premier Naples Office Space

      Downtown Naples Executive Suites, 875-2665 SF Available
      848 1St Ave, Naples, FL 34102
      View Details
    • $35 SF/Yr
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      Office Space Available For Rent

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    • Contact for pricing
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      Naples Office Space For Rent

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    • $30 SF/Yr
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      Naples Office Space Available

      Office space available for lease in Naples, Florida.
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      View Details
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    848 1St Ave
    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
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