3050 Horseshoe DrNaples, FL 34104

Property Details for 3050 Horseshoe Dr

Year built

1990

Lot size

4.73 AC

Property size (Sq ft)

26,135 SF

Property type

Office properties

Property subtype

Office buildings

APN

7040002003

APU

7040002003

Description

This exceptional investment opportunity presents two office buildings totaling 59,300 square feet situated in Naples, Florida, at 3050 Horseshoe Dr S, zip code 34104. Built in 1983, the property features a single-story design across two buildings, offering a total of 59,300 square feet of leasable space. Currently, multiple tenants occupy the space, with two suites immediately available, ranging from 2,500 to 3,409 square feet. The property is zoned BP - Business Park District (Collier County), providing flexibility for various business types. Its location offers excellent accessibility and visibility, enhanced by its proximity to the Naples Municipal Airport, just north of Radio Road. The property benefits from a central location and numerous amenities in the immediate vicinity. This is a rare opportunity to acquire a well-maintained, established office complex in a thriving Naples market. The property's single-story design and ample square footage make it ideal for a variety of businesses seeking a prominent presence in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,932,574

  6.5%

  $6,399,299

  7%

  $5,942,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,242,932

  Geo Method

  $7,720,802

• Alternative Use

  Use

  Valuation

  Residential

  $7,935,131

  Hospitality

  $7,268,537

  Educational

  $6,047,338

  Medical

  $6,255,315

  Retail

  $9,406,970

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.1633

Longitude

-81.7704

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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