This exceptional investment and/or owner-occupancy opportunity is located within the prestigious Horseshoe Square Business Park in Naples, Florida, just north of the Naples Airport. The property consists of two leased and tenant-occupied spaces at 2685 Horseshoe Dr S, Naples, FL 34104, within the Horseshoe Square Condominium. The combined square footage ranges from 5,202 to 7,278 square feet, offering significant flexibility for a variety of business needs. The property is zoned for business park use, ensuring a wide range of permitted activities. Current tenants have varying lease terms, presenting a near-term possibility for owner-occupancy. This presents a unique chance to acquire a well-located, established commercial property in a thriving Naples business park. The property's strategic location offers easy access to the airport and other key transportation routes, making it an ideal location for businesses seeking high visibility and convenient access. The existing tenant leases provide immediate cash flow, while the potential for owner-occupancy offers long-term value and control. This is an excellent opportunity for investors and businesses alike seeking a prime location in the desirable Naples market. The property is situated in Collier County and offers a blend of immediate income and future growth potential. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$624,104
6.5%
$576,096
7%
$534,946
Comparable approach
Method
Valuation
Relative Method
$416,466
Geo Method
$725,165
Alternative Use
Use
Valuation
Industrial / Distribution
$1,131,970
Retail / Commercial
$580,904
Mixed-Use / Specialty
$579,178
Hospitality / Lodging
$425,373
Office
$576,096
Institutional / Educational
$602,235
Residential Income
$704,615
Multifamily
$843,167
Automotive / Energy
$516,201
Parking / Income-Based Land
$177,794
Restaurant / Food Service
$301,970
Healthcare / Senior Housing
$593,583
Location Insight
City
Naples
County
Collier
State
Florida
Latitude
26.1623
Longitude
-81.7739
CBSA code
34940
CBSA name
NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA
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Horseshoe Dr Naples, FL 34104
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Horseshoe Dr Naples, FL 34104
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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