11280 Tamiami TrlNaples, FL 34110

Property Details for 11280 Tamiami Trl

Year built

1998

Lot size

1.01 AC

Property size (Sq ft)

6,332 SF

Zone code

PUD

Property type

Retail properties

Property subtype

Retail space

APN

69587500200

APU

69587500200

Description

This exceptional opportunity presents a thriving, high-grossing restaurant and its associated real estate for sale in Naples, Florida. Located on the highly trafficked Tamiami Trail N (US 41), this 6,642 square foot, single-story building sits on a 1.01-acre lot with excellent visibility. The property enjoys a prime location within a successful retail center, adjacent to major retailers like Publix, Ferrari, BMW, and Walmart, and near Naples Community Hospital and Arthrex Corp. Boasting a Planned Development zoning, this Class A property offers significant potential for continued success in its current configuration or for repurposing. Built in 1998, the restaurant features a full liquor bar and currently operates as a dinner-only establishment. The asking price of $9,600,000 includes the fee simple real estate, all fixtures, furniture, and equipment (FF&E), and the established business. The sale price reflects the real estate value

• CAP approach

  CAP return

  Valuation

  6%

  $2,469,052

  6.5%

  $2,279,125

  7%

  $2,116,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,201,055

  Geo Method

  $5,571,290

• Alternative Use

  Use

  Valuation

  Residential

  $1,922,527

  Hospitality

  $1,761,025

  Educational

  $1,465,152

  Medical

  $1,515,541

  Retail

  $2,279,125

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.2754

Longitude

-81.8011

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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