Sold
3940 Prospect AVE
NAPLES FL, 34104
$6,800,000
$238.88 per sqft
Sold
28,466 sqft
Commercial
Built in 2000
Invest Smart with Mangrove Business Center: Prime 1031 Exchange Opportunity.
Unlock the potential of 1031 exchange funds with the Mangrove Business Center, a lucrative industrial investment property nestled at 3940 Prospect Ave in Naples, FL. Spanning an impressive 28,466 square feet and featuring six units, this property promises a solid return on your investment.
At present, these units are thoughtfully leased to a diverse array of tenants, including a Not-for-profit food bank, fitness studio, plumbing and building supplies provider, custom cabinet company, and a national pest control company. The blend of tenants ensures a stable and diversified income stream.
Located in the heart of a prime industrial zone in Naples, Mangrove Business Center offers investors a golden opportunity. Its proximity to major highways and thriving businesses enhances its appeal, making it a strategic choice for those seeking to invest in Naples FL commercial real estate.
Elevate your investment portfolio with the Mangrove Business Center.
223053196
MLSⓇ ID
July 21, 2023
Listed
May 9, 2024
Updated
Map
3940 Prospect AVE
NAPLES FL, 34104
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.35 Acres
Other Property Details
Taxes
$56,452
Tax Frequency
Annually
Days on Market
153
Association Fee
Not Listed
Garage
No
View
No
County
Collier
Pool
No
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
|---|---|---|
1/29/2024 | Price Change | $6,800,000 -8% |
1/29/2024 | Sold | $6,800,000 |
12/21/2023 | Pending | — |
10/2/2023 | Price Change | $7,350,000 -6% |
Courtesy of David Bartley, Sr, Bartley Realty LLLP
The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Naples Area Board of REALTORS® All rights reserved.
Data last updated 4:03 AM UTC, 5/9/2024
