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Property profile & analytics
FOR SALE
Parking lots & garages

271 9Th St South Naples, FL 34102

4,860 SF 0.27 ac lot Built 1956
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-3057398
Property summary
AI-generated overview

This exceptional 0.27-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Naples, Florida. Located at 271 9th Street South, this property boasts a highly desirable location within Collier County, zip code 34102, and is zoned Hc by the City of Naples, offering a wide range of potential commercial development options. The property's strategic positioning provides excellent visibility and accessibility, making it an ideal site for a variety of businesses. With its generous 0.27 acres of land, this site offers ample space for construction, allowing for flexibility in design and functionality. The asking price for this prime commercial land is $4,400,000. Given the property's location in the vibrant city of Naples, known for its upscale lifestyle and strong economy, this represents a significant opportunity for investors seeking a high-return investment in a prime commercial location. The coordinates for this property are latitude 26.1445001 and longitude -81.7947531. This is a rare chance to acquire a substantial piece of commercial real estate in one of Florida's most sought-after cities. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is ready for development and offers a unique opportunity to capitalize on the growing commercial market in Naples.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1956
Total area 4,860 SF
Lot 0.27 ac (11,761 SF)
Zoning code NAPLES
APN 19014760000
UPID US18-3057398
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • David Poorman Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.01M
Blend (final) Blend
$4.78M
Owner & transaction history
Brown Capital Lllp · 5 yrs held
Brown Capital Lllp
since 2020
Last sale
$4.3M
4 recorded transactions
2020
$4.3M
2020
$2.5M
2014
Price N/A
2009
Price N/A
Zoning & alternative use
NAPLES · Naples, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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