Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    385 14Th Ave Naples, FL 34102

    • Office buildings
    • 2,983 SF
    • 0.49 lot acres
    For Lease
    View listing
    $90 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2719117
    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

    • Office buildings

    Property Details for 385 14Th Ave

    Year built
    1975
    Lot size
    0.49 lot acres
    Property size
    2,983 SF
    Zone code
    NAPLES
    Property type
    Office buildings
    APN
    9410000358
    APU
    9410000358

    Description

    This exceptional freestanding building at 385 14th Avenue South in Naples, Florida, offers 4,335 square feet of versatile commercial space currently available for lease. Ideally situated in the vibrant Third Street South district, this property boasts a prime location surrounded by upscale shops, art galleries, and renowned restaurants. The building is categorized as Retail, Office, and Restaurant space, making it suitable for a variety of businesses. The flexible layout allows for multiple tenants, with a minimum leasable space of 1,345 square feet and a maximum contiguous space of 2,990 square feet. The entire 4,335 square foot building is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses seeking a prestigious address. Ample parking is provided with 13 spaces available for tenants and their clients. The property sits on a 0.49-acre lot in Collier County, offering excellent visibility and accessibility. This is an exceptional opportunity to establish a presence in one of Naples' most desirable and high-traffic areas. The building's location within the Third Street South district ensures high foot traffic and exposure to a sophisticated clientele. The property's flexible space options cater to a range of business needs, from small executive offices to larger commercial enterprises. Contact us today to learn more about this remarkable opportunity. Zip code: 34102.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.8006
    Latitude
    26.1303
    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
    $22,232
    $0.00
    $0.00
    $2,060,880
    -
    $2,600,981
    $196,432
    $2,797,413

    Comparable in this City

    • Value Estimation
      $705,000
      56,752 SF

      111 10th S St

      OFFICE BUILDING • 56,752 SF
      111 10th S St, Naples, FL 34102-6273
      View Details
    • Value Estimation by Request
      8,104 SF

      681 4th N Ave

      OFFICE BUILDING • 8,104 SF
      681 4th N Ave, Naples, FL 34102-5729
      View Details
    • Value Estimation by Request
      514,207 SF

      350 7th N St

      OFFICE BUILDING • 514,207 SF
      350 7th N St, Naples, FL 34102-5754
      View Details
    • Value Estimation
      $340,000
      5,251 SF

      702 Goodlette-frank N Rd

      OFFICE BUILDING • 5,251 SF
      702 Goodlette-frank N Rd, Naples, FL 34102-5628
      View Details
    • Value Estimation
      $155,000
      9,799 SF

      1590 Goodlette-frank N Rd

      OFFICE BUILDING • 9,799 SF
      1590 Goodlette-frank N Rd, Naples, FL 34102-5260
      View Details
    • Value Estimation by Request
      5,380 SF

      856 3rd S Ave

      OFFICE BUILDING • 5,380 SF
      856 3rd S Ave, Naples, FL 34102-6336
      View Details

    Similar Nearby for Sale

    • $6,240,000
      0.37 Acres

      Naples Commercial Property on US-41

      Commercial property in downtown Naples with high visibility and access.
      330 9Th St S, Naples, FL 34102
      View Details
    • $1,100,000
      2,722 SF

      Professionally Managed Office Building

      Well-maintained office building near downtown Naples and 5th Ave S.
      750 11Th St S, Naples, FL 34102
      View Details
    • $2,800,000
      2,012 SF

      Olde Naples Office Redevelopment Opportunity

      Prime location, vacant, redevelopment potential.
      49 8Th St, Naples, FL 34102
      View Details
    • Contact for pricing
      42,595 SF

      Waterfront Mixed-Use Investment Opportunity

      Rare mixed-use asset in Naples, Florida with waterfront frontage.
      1400 Gulf Shore Blvd N, Naples, FL 34102
      View Details
    • $975,000

      Municipal Plaza Office/Retail Opportunity

      Two units in desirable Municipal Plaza, ideal for office/retail.
      1013 5Th Ave N A2, Naples, FL 34102
      View Details
    • $2,600,000
      3,062 SF

      Downtown Naples Class A Office

      Prime location, furnished office space.
      599 9Th St, Naples, FL 34102
      View Details

    Similar Nearby for Lease

    • $90 SF/Yr
      4,335 SF

      Prime Naples Executive Office Space

      Downtown Naples Office Suites Available
      385 14Th Ave, Naples, FL 34102
      View Details
    • $38 SF/Yr
      2,153 SF

      Office Space For Rent

      Office space available for lease in Naples, Florida.
      400 5Th Ave S, Naples, FL 34102
      View Details
    • $37 SF/Yr
      16,875 SF

      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
      700 SF

      Office Space Available For Rent

      700 square feet office space for lease in Naples.
      1020 8Th Ave S, Naples, FL 34102
      View Details
    • $30 SF/Yr
      1,800 SF

      Naples Office Space Available

      Office space available for lease in Naples, Florida.
      1010 Central Ave, Naples, FL 34102
      View Details
    • $32 SF/Yr
      1,194 SF

      Office Space in Naples Bay

      Office building with on-site parking in amenity-rich Olde Naples.
      1100 5Th Ave S, Naples, FL 34102
      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.
    385 14Th Ave
    Naples, FL 34102
    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.