4850 Tamiami TrlNaples, FL 34103

Property Details for 4850 Tamiami Trl

Year built

2021

Lot size

1.32 AC

Property size (Sq ft)

43,337 SF

Zone code

C-4

Property type

Office properties

Property subtype

Office buildings

APN

63400040005

APU

63400040005

Description

The Lutgert Professional Center offers exceptional Class A office space in the heart of Naples, Florida. This newly completed, three-story building boasts a total of 42,000 square feet of modern, efficient workspace. Currently, there are 6,469 square feet of vacant space available, with a minimum divisible unit of 2,464 square feet, perfect for businesses of various sizes. The building features one elevator for convenient access to all three floors. Its prime location on Tamiami Trail North (US 41), just south of Pine Ridge Road, provides excellent visibility and accessibility. The Lutgert Professional Center is ideally situated near the upscale Pelican Bay and Park Shore communities, making it an attractive location for professionals and corporations. The building's modern design and amenities cater to the needs of discerning tenants seeking a prestigious and productive work environment. This is a rare opportunity to secure high-quality office space in one of Naples' most desirable locations. The building's multiple tenancy structure allows for flexibility in lease terms and space configurations. This is a single building property with ample space for a variety of business needs. The address is 4850 Tamiami Trail N, Naples, FL 34103.

• CAP approach

  CAP return

  Valuation

  6%

  $11,495,579

  6.5%

  $10,611,304

  7%

  $9,853,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,693,818

  Geo Method

  $15,135,228

• Alternative Use

  Use

  Valuation

  Residential

  $13,158,017

  Hospitality

  $12,052,673

  Educational

  $10,027,682

  Medical

  $10,372,549

  Retail

  $15,598,617

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.2054

Longitude

-81.7996

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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