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Property profile & analytics
FOR SALE
Medical Office Space

49 8Th St N Naples, FL 34102

Property ID
US18-2363019
Property summary
AI-generated overview

Excellent opportunity to acquire Class A location office space. (Potential Seller Held financing.) With Rare medical-approved Parking ratio West of 41 on Central Ave is walking distance to 5th Ave. The first-floor single-tenant, free-standing medical office is rare. This commercial office is ready for its first new tenants or owner occupant. Location Desc.: Steps away from historic downtown Naples, located on a newly developed street with good foot traffic Upside: Zoning: O Under the CRA overlay zone. Redevelopment for Typical mixed use, (2 stories for medical ). Lease rates $55 to 60 p sqft inplace. Compstack Lease reports. Comps: 560 9th st south - Lola 41 Restaurant 944 7th ave N - Smith Organic's 110 9th S - (Us 41) Modani Napes. Tax bill $7,705.11 2022 Sign the NDA and request the OM Web link - www.CreNaples.com

Property profile
Verified
Property type Medical Office Space
UPID US18-2363019
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
  • Hickey Jill DPM Physician
  • Naples Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
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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