Property profile

3661 Mercantile Ave Naples, FL 34104

OFF-MARKET
Distribution centers
Property ID
US18-4808528
15,750 SF 1.04 ac lot Built 1976
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1976
Total area 15,750 SF
Lot 1.04 ac (45,302 SF)
Zoning code I
APN 277400006
UPID US18-4808528

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

3661 Mercantile Ave Naples, FL 34104-3308
Naples metro Census 10513 NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.69M
Blend (final) Blend
$3.48M

Owner & transaction history

since 2018
2 recorded transactions
2018
$1.9M
2013
$410,000

Zoning & alternative use

I · Naples, FL
Top alternative use upside
Industrial (general) $5.7M +52.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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