Davis Village II

Shopping Center for Sale
Catylist Listing ID: 30343510
Property Subtypes: Community Center, Neighborhood Center, Strip Center
Condo? Yes
Building Size (RSF): 10,125 SF
Sale Price: $1,950,000
Property Use Type: Investment
Building Name: Davis Village II
Sale Terms: Cash to Seller
Cap Rate: 6.46%
Average Occupancy Rate: 100
Last Updated: 11/13/2018

Overview / Comments

Davis Village II is the second phase of the Davis Village commercial condominium development. Phase II is being offered in it's entirety. Built in 2007 the property totals 10,125 SF, consisting of 9 condo units each totaling 1,125 SF. Davis Village is 100% leased to four tenants.

Additional Details

Nearest MSA: Naples-Immokalee-Marco Island
County: Collier
Taxing Authority: City, County
Tax ID/APN: 29746002026, 29746002042, 29746002068, 29746002084, 29746002107, 29746002123, 29746002149, 29746002165, 29746002181
Is Condo?: Yes
Zoning: C-4
Retail Clientele: General, Business, Tourist
Property Visibility: Good
Largest Nearby Street: Davis Blvd
Traffic/Vehicle Count: 34,686
Airports: Naples & RSW
Area Description: This property is located at the signalized intersection of Davis Blvd. and Shadowlawn Dr. It is just 1 mile from the Collier County Government Complex, less than two miles to famous Fifth Avenue South and a bus stop in front of the property.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2007
Construction/Siding: Concrete, Stucco
Parking Type: Surface
Parking Description: Open, shared
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System, Package Unit
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Condo, HOA
Legal Description: Davis Village A Condominium Unit's 10-90

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,604 54,699 124,607
Median Age: 45.33 51.08 47.79
Households: 4,333 25,198 53,495
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