800 Main St Immokalee, FL 34142-3819
This exceptional value-add industrial investment opportunity presents a 21,573-square-foot distribution warehouse located at 800 E Main St, Immokalee, FL 34142. The property sits on a 6.57-acre lot and is currently 100% occupied under a single-tenant, absolute NNN lease with a remaining term of approximately three years, expiring November 3, 2027, with two five-year renewal options. The current lease commenced November 4, 2022. The asking price is $3,128,085, representing a price per square foot of $145 and a compelling 5.62% capitalization rate based on a net operating income (NOI) of $175,908. Situated in Collier County, this property benefits from its strategic location near major transportation arteries, leveraging Immokalee's growth as a significant agricultural center in Southwest Florida. The upcoming lease renewal in 2027 presents a valuable opportunity to adjust rental rates to reflect current market conditions, further enhancing the property's future returns. This asset is ideally suited for investors seeking to capitalize on Immokalee's expanding industrial sector and its vital role within the region's agricultural supply chain. The property type is classified as industrial, with subtypes of distribution and warehouse.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I · Immokalee, FLImmokalee. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.