Investment Overview
This 0.76±-acre vacant parcel presents a commercial development opportunity along Golden Gate Parkway in Naples’ Golden Gate City. With prominent corridor frontage and an overlay district that accommodates a range of residential and commercial uses, the property offers potential for development within an established community.
Investment Highlights
- Prime Golden Gate Parkway Frontage: Approximately 250± feet of frontage along a highly traveled commercial corridor.
- High Traffic Exposure: Approximately 30,400 vehicles per day along Golden Gate Parkway (AADT).
- Established Trade Area: Located within a densely populated community with a substantial residential customer base.
- Limited Commercial Property Availability: Few commercial properties are available in Golden Gate City, creating a higher barrier to entry for investors and developers seeking a well-positioned site within this established market.
- Low Vacancy Market: Reported low retail and office vacancy rates in Golden Gate City reflect limited availability within the local commercial market.
- Convenient Interstate Access: Close proximity to I-75 enhances accessibility for customers, employees, and businesses.
- Zoning & Development Potential: : Zoned RMF-12 with the GGPOD-DT overlay, the property offers potential for residential, professional office, neighborhood-serving retail, personal service, and qualifying mixed-use development, subject to applicable zoning regulations and approvals.
- Development-Friendly Regulations: Reduced parking ratios and building setbacks under the overlay district may provide greater flexibility in site planning and land utilization.