12820 Tamiami TrlNaples, FL 34110

Property Details for 12820 Tamiami Trl

Year built

1998

Lot size

1.32 AC

Property size (Sq ft)

14,520 SF

Zone code

PUD

Property type

Retail properties

Property subtype

Retail space

APN

51580000058

APU

51580000058

Description

Lynwood Square, a single-story, 14,300 square foot retail center in Naples, Florida, presents a compelling investment opportunity. Built in 1998, this property boasts six suites within a Planned Unit Development (PUD) zoning in Collier County. Currently, one 3,082 square foot space is available for lease. The center is strategically located on Tamiami Trail (U.S. Highway 41), a major thoroughfare, approximately 1.5 miles north of Immokalee Road and 3 miles south of Bonita Beach Road. Its prime location benefits from proximity to significant retail development underway on Wiggins Pass Road. The surrounding Naples area is known for its high-income demographics, encompassing exclusive country club communities, beachfront homes, and apartments, creating a strong and affluent customer base. This established retail center offers excellent visibility and accessibility, making it an ideal location for a variety of businesses seeking to capitalize on the thriving Naples market. The property's single-building design simplifies management and maintenance. The address is 12820 Tamiami Trail N, Naples, FL 34110.

• CAP approach

  CAP return

  Valuation

  6%

  $5,661,818

  6.5%

  $5,226,294

  7%

  $4,852,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,340,385

  Geo Method

  $12,775,001

• Alternative Use

  Use

  Valuation

  Residential

  $4,408,574

  Hospitality

  $4,038,231

  Educational

  $3,359,760

  Medical

  $3,475,308

  Retail

  $5,226,294

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.2879

Longitude

-81.8012

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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