5101 Tamiami TrlNaples, FL 34113

Property Details for 5101 Tamiami Trl

Year built

1982

Lot size

0.96 AC

Property size (Sq ft)

5,900 SF

Zone code

C-4

Property type

Office buildings

APN

55151480003

APU

55151480003

Description

This exceptional commercial property, located at 5101 Tamiami Trail E in Naples, Florida (zip code 34113), presents a unique investment opportunity. The property encompasses approximately 1.85 acres of land zoned C4, offering significant flexibility for various commercial uses. Currently featuring an 11,800 square foot building, formerly a bank, the structure is entirely vacant and presents options for renovation, repurposing, or demolition to accommodate new construction. The site boasts highway frontage on Tamiami Trail East, providing excellent visibility and accessibility. An access road to Rattlesnake Hammock Road further enhances connectivity. This prime location is situated just east of the major intersection of Tamiami Trail East and Rattlesnake Hammock Road, within a rapidly developing area of East Naples. The owner is open to considering a land lease or build-to-suit arrangements and is willing to subdivide the property to meet specific needs. This versatile property is ideal for developers, investors, or businesses seeking a prominent location in a high-growth market. The property's multiple zoning designations (Retail, Office, Land) allow for a wide range of potential uses, including executive office space, medical offices, and retail establishments. Contact us today to explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,620,664

  6.5%

  $1,495,997

  7%

  $1,389,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,723,264

  Geo Method

  $2,061,437

• Alternative Use

  Use

  Valuation

  Residential

  $1,855,037

  Hospitality

  $1,699,204

  Educational

  $1,413,717

  Medical

  $1,462,337

  Retail

  $2,199,116

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.1063

Longitude

-81.7462

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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