1312 15Th StImmokalee, FL 34142

Property Details for 1312 15Th St

Year built

1999

Lot size

0.46 AC

Property size (Sq ft)

2,016 SF

Zone code

C-1-SR29COSD

Property type

Office buildings

APN

63910160006

APU

63910160006

Description

This 2,758-square-foot commercial office building presents a compelling investment opportunity in Immokalee, Florida. Situated on a 0.43-acre lot, this property boasts a strategic location off Main Street, ensuring high visibility and convenient access to local amenities. Constructed in 1999 with durable concrete block, the building features a newer roof (2018) and offers two separate 1,008-square-foot offices, perfect for various business ventures. The interior includes a welcoming reception area with brick flooring and a spacious, naturally lit open office area suitable for collaborative work. Exterior features include a charming front porch, a concrete driveway, and ample parking for 14 vehicles. The C-1 zoning in Collier County allows for a wide range of commercial uses, including professional offices, retail, and service-oriented businesses. This property's combination of flexible space, modern updates, and prime location makes it an exceptional investment prospect for business expansion or portfolio diversification. The asking price is $1,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $488,296

  6.5%

  $450,735

  7%

  $418,539

• Comparable approach

  Method

  Valuation

  Relative Method

  $649,433

  Geo Method

  $649,433

• Alternative Use

  Use

  Valuation

  Residential

  $558,911

  Hospitality

  $511,959

  Educational

  $425,944

  Medical

  $440,593

  Retail

  $662,580

Location Insight

City

Immokalee

County

Collier

State

Florida

Latitude

26.436

Longitude

-81.4333

CBSA code

34940

CBSA name

NAPLES-MARCO ISLAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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