Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10975 Tamiami Trl Naples, FL 34108

    • Office buildings
    • 4,230 SF
    • 0.96 lot acres
    For Lease
    View listing
    Last Sale
    Nov 09, 2022
    $3,875,000
    Value Estimations
    $4,030,000
    Cap Rate Potential
    2.2%
    Office buildings
    Location Intelligence
    Property ID
    US18-3042078
    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

    • Chase Mortgage / Mortgage Lender
    • Chase ATM / Atm

    Property Details for 10975 Tamiami Trl

    Year built
    2014
    Lot size
    0.96 lot acres
    Property size
    4,230 SF
    Zone code
    C-3
    Property type
    Office buildings
    APN
    62410040009
    APU
    62410040009

    Description

    This exceptional 4,230 square foot, single-story Class B office building is available for lease in North Naples, Florida. Situated on a 4.8-acre lot with 35 parking spaces, the property features 4,230 square feet of vacant space, ideal for a variety of uses. Built in 1973, the building is located at 10975 Tamiami Trail N, near the intersection of 110th Street, offering excellent visibility and accessibility. The property boasts 133 feet of frontage on the busy North Tamiami Trail, ensuring high traffic exposure. The C-3 zoning allows for diverse commercial uses. This Collier County location, within the Bonita, Naples submarket cluster, provides easy access to local residents and commuters. The property's ample parking and prominent location make it an attractive option for businesses seeking high visibility and convenient access. The building is categorized as a traditional office space with multiple tenancy options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,150,000
      ML approach
      $4,165,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,671,000
      Market price range: $1.35M - $3.67M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,195,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.802
    Latitude
    26.271
    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
    $26,652
    $1,784,557
    $902,612
    $2,687,169
    -
    $1,784,557
    $902,612
    $2,687,169

    Comparable in this City

    • Value Estimation by Request
      2,887 SF

      10895 Tamiami N Trl

      OFFICE BUILDING • 2,887 SF
      10895 Tamiami N Trl, Naples, FL 34108-1934
      View Details
    • Value Estimation
      $960,000
      38,160 SF

      1370 Creekside Blvd

      OFFICE BUILDING • 38,160 SF
      1370 Creekside Blvd, Naples, FL 34108-1945
      View Details
    • Value Estimation by Request
      1,494 SF

      871 106th N Ave

      OFFICE BUILDING • 1,494 SF
      871 106th N Ave, Naples, FL 34108-1851
      View Details
    • Value Estimation
      $6,015,000
      20,254 SF

      1336 Innovation Blvd

      OFFICE BUILDING • 20,254 SF
      1336 Innovation Blvd, Naples, FL 34108-1931
      View Details
    • Value Estimation
      $370,000
      15,327 SF

      1250 Pne Rdg Rd

      OFFICE BUILDING • 15,327 SF
      1250 Pne Rdg Rd, Naples, FL 34108-8913
      View Details
    • Value Estimation
      $55,000
      8,669 SF

      848 111th N Ave

      OFFICE BUILDING • 8,669 SF
      848 111th N Ave, Naples, FL 34108-1803
      View Details

    Similar Nearby for Sale

    • $1,500,000
      3,000 SF

      Naples Office Building For Sale

      3,000 SF office building available in Naples, Florida.
      5500 Bryson Dr, Naples, FL 34108
      View Details
    • $2,300,000
      5,846 SF

      Naples Office Building For Sale

      5,846 SF office building in Naples, Florida.
      868 102Nd Ave N, Naples, FL 34108
      View Details
    • $2,300,000
      5,846 SF

      Prime Naples Office Building

      Three-story office, 5,846 sq ft, $2.3M
      868 102Nd Ave, Naples, FL 34108
      View Details
    • $989,900

      Naples Park Duplex Near Beach

      Well-maintained duplex in Naples Park, minutes from Vanderbilt Beach.
      595 101St Ave N, Naples, FL 34108
      View Details
    • $925,000

      Naples Park Investment Opportunity

      Duplex with rentable cabana near Gulf beaches.
      514 105Th Ave N, Naples, FL 34108
      View Details
    • $5,995,000

      Seabreeze Avenue Land Opportunity

      Land available on Seabreeze Avenue, Naples, Florida.
      191 Seabreeze Ave, Naples, FL 34108
      View Details

    Similar Nearby for Lease

    • $34 SF/Yr
      68,003 SF

      Naples Class A Office Space

      Premier Office Suites in Pelican Bay
      801 Laurel Oak Dr, Naples, FL 34108
      View Details
    • Contact for pricing
      4,571 SF

      Renovated Office Space Available Now

      Move-in ready office space with renovated exterior and Tesla charging.
      5926 Premier Way, Naples, FL 34108
      View Details
    • $35 SF/Yr
      3,267 SF

      Naples Office Space Available

      Office space available for lease in Naples, Florida.
      870 111Th Ave N, Naples, FL 34108
      View Details
    • $36 SF/Yr
      15,301 SF

      Naples Office Space For Rent

      Office space available for lease in Naples, Florida.
      5801-5811 Pelican Bay Blvd, Naples, FL 34108
      View Details
    • Contact for pricing
      1,970 SF

      North Naples Office Sublease

      1,970 SF office space available for sublease in North Naples.
      875 109Th Ave N, Naples, FL 34108
      View Details
    • $39 SF/Yr
      13,341 SF

      Mercato Office Suites: Naples, FL

      Prime Naples Office Space: Multiple suites available, ideal location.
      9110 Strada Pl, Naples, FL 34108
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10975 Tamiami Trl
    Naples, FL 34108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.