7379 Davis BlvdNaples, FL 34104

Property Details for 7379 Davis Blvd

Year built

1990

Lot size

0.97 AC

Property size (Sq ft)

3,348 SF

Zone code

PUD

Property type

Office buildings

APN

28430280100

APU

28430280100

Description

This 0.97-acre commercial land parcel in Collier County offers a unique opportunity for redevelopment. The property boasts a substantial 3,348 square foot building, previously occupied by a Truist Bank branch, featuring four drive-through lanes. Its strategic location at the hard corner intersection of Santa Barbara Boulevard and Davis Boulevard provides exceptional visibility and accessibility. The combined daily traffic volume on these two major roadways averages 57,000 vehicles per day, ensuring high exposure for any business. The property is zoned for Retail, Restaurant, and Medical uses, offering a diverse range of potential development options. The existing building presents a solid foundation for adaptive reuse or potential demolition to accommodate new construction. This prime location, coupled with the substantial building and high traffic counts, makes this an exceptional investment opportunity for discerning buyers seeking a high-impact commercial property in a thriving area. The single-tenant history simplifies occupancy planning, and the versatile zoning allows for a wide array of business ventures. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $919,839

  6.5%

  $849,082

  7%

  $788,433

• Comparable approach

  Method

  Valuation

  Relative Method

  $979,686

  Geo Method

  $1,169,650

• Alternative Use

  Use

  Valuation

  Residential

  $1,052,862

  Hospitality

  $964,416

  Educational

  $802,383

  Medical

  $829,978

  Retail

  $1,248,151

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.1394

Longitude

-81.7189

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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