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

    4706 Santa Barbara Blvd Naples, FL 34104

    • Commercial land
    • 2.42 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6860756
    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

    • Commercial land

    Property Details for 4706 Santa Barbara Blvd

    Lot size
    2.42 lot acres
    Property type
    Commercial land
    APN
    21968100021
    APU
    21968100021

    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
    -81.7176
    Latitude
    26.1405
    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
    $11,082
    $1,055,617
    $0.00
    $1,055,617
    -
    $1,055,617
    $0.00
    $1,055,617

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      8845 Davis Blvd

      VACANT COMMERCIAL LAND • 0.62 Acres
      8845 Davis Blvd, Naples, FL 34104-5401
      View Details
    • Value Estimation by Request
      0.63 Acres

      Naples, FL 34104

      VACANT COMMERCIAL LAND • 0.63 Acres
      Naples, FL 34104
      View Details
    • Value Estimation by Request
      7.19 Acres

      Naples, FL 34104

      VACANT COMMERCIAL LAND • 7.19 Acres
      Naples, FL 34104
      View Details
    • Value Estimation by Request
      3.51 Acres

      Naples, FL 34104

      VACANT COMMERCIAL LAND • 3.51 Acres
      Naples, FL 34104
      View Details
    • Value Estimation by Request
      0.12 Acres

      Naples, FL 34104

      VACANT COMMERCIAL LAND • 0.12 Acres
      Naples, FL 34104
      View Details
    • Value Estimation by Request
      1.08 Acres

      4776 Radio Rd

      VACANT COMMERCIAL LAND • 1.08 Acres
      4776 Radio Rd, Naples, FL 34104-4183
      View Details

    Similar Nearby for Sale

    • $833,750

      Commercial Land For Sale

      Commercial land available for sale.
      3106 N Horseshoe Dr, Naples, FL 34104
      View Details
    • $595,000

      Commercial Land Available

      Commercial land for sale in Naples, Florida.
      4406 Exchange Ave, Naples, FL 34104
      View Details
    • $4,822,000

      Commercial Land on Davis Blvd

      Commercial land available on Davis Blvd in Naples, Florida.
      2665 Davis Blvd S, Naples, FL 34104
      View Details
    • New
      $384,900
      0.41 Acres

      Residential Land in Naples, Florida

      Large lot ready for development in Naples, Florida.
      734 Pine Cone Ln, Naples, FL 34104
      View Details
    • $4,250,000
      1.93 Acres

      Waterfront Land Parcel in Naples

      Nearly 2-acre waterfront land parcel zoned for multi-family homesites.
      2505 Estey Ave, Naples, FL 34104
      View Details
    • $1,495,000
      1.06 Acres

      Naples Vacant Land Opportunity

      1.06-acre vacant land near downtown Naples, zoned RMF-6.
      Terrace Ave, Naples, FL 34104
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Rent

      Commercial land with high visibility and drive-thru permitted.
      4787 Radio Rd, Naples, FL 34104
      View Details
    • Contact for pricing
      3,348 SF

      Prime Commercial Land, Davis Blvd

      High-traffic corner lot, former bank branch.
      7379 Davis Blvd, Naples, FL 34104
      View Details
    • $19 SF/Yr
      11 SF

      Naples Flex Space For Lease

      Flex space available from 1,250 to 11,250 square feet.
      3410 Westview Dr, Naples, FL 34104
      View Details
    • $18 SF/Yr
      5,440 SF

      East Naples Flex Industrial Space

      5,440 SF flex space available for lease in Naples.
      4440 Domestic Ave, Naples, FL 34104
      View Details
    • $21 SF/Yr
      4,710 SF

      Flex Space with High Ceilings

      Flex space featuring high ceilings and multiple entrances for lease.
      2900 Horseshoe Dr S, Naples, FL 34104
      View Details
    • $16 SF/Yr
      37 SF

      Naples Manufacturing/Warehouse Space Available

      Recently renovated manufacturing/warehouse space with 17' ceilings and dock-high doors.
      4227 Enterprise Ave, Naples, FL 34104
      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.
    4706 Santa Barbara Blvd
    Naples, FL 34104
    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.