Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    26821 Palm St, Unit 15 Bonita Springs, FL 34135

    View on Map
    Sponsored
    For Sale
    $99,000

    LAND - BONITA SPRINGS, FL

    Lot size:
    0.13 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 28 at 2:06 am

    Property Features for 26821 Palm St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    TFC2
    APN
    26-47-25-B4-0020C.0150
    Lot size
    0.13 Acres

    We can help!

    Listing Contact
    Stanley Whitcomb

    Premiere Plus Realty, Co.

    Listing agent Stanley Whitcomb, III

    Listing date Mar 24, 2026

    MLS# 225039038

    Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Bonita Springs Vacant Land Parcel

    Located at 26821 Palm St, this vacant lot is situated in a desirable neighborhood near downtown Bonita Springs. The cleared parcel is ready for construction, suitable for a custom single-family home, investment property, or vacation getaway. The property is located west of I-75, a short drive from Bonita Beach, Riverside Park, and the historic Old 41 district. The 0.133-acre lot has no HOA restrictions. City water and sewer are available. The surrounding area features a mix of new construction and established homes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.7818549
    Latitude
    26.348112

    Nearby Similar for Sale

    • $695,000
      0.27 Acres

      Bernwood Business Park Commercial Condo

      Well-located Bonita Springs commercial condo with owner financing available.
      25110 Bernwood Dr, Bonita Springs, FL 34135
      View Details
    • $1,499,999
      3,780 SF

      Bonita Springs Flex/Warehouse Space

      Flex space/warehouse with office, storage, and fenced yard.
      27900 Industrial St, Bonita Springs, FL 34135
      View Details
    • $699,000
      1,200 SF

      Riverfront Property with Rental Income

      Bonita Springs riverfront property with two apartments and rental income.
      10690 Goodwin St, Bonita Springs, FL 34135
      View Details
    • $1,200,000
      2,506 SF

      Bonita Springs Commercial Opportunity

      Two buildings on US 41 in Bonita Springs.
      27831 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • New
      $689,000
      0.17 Acres

      Turnkey Duplex Near Bonita Beach

      Updated duplex near Bonita Beach, fully furnished with rentals in place.
      4411-4413 Little Hickory Rd, Bonita Springs, FL 34134
      View Details
    • $850,000
      0.29 Acres

      Updated Duplex in Bonita Springs

      Well-maintained duplex with canal access, ideal for investors.
      27315 Gasparilla Dr, Bonita Springs, FL 34135
      View Details
    • New
      $488,000
      Pending

      Remodeled Duplex Near Beaches

      Recently remodeled duplex in Imperial Shores, near the beach.
      4402 Pine Lake Rd, Bonita Springs, FL 34134
      View Details
    • $599,000
      0.17 Acres

      Beachside Duplex: Turnkey Investment

      Updated duplex near the beach, ideal for investors or owner-occupants.
      27650 Imperial Shores Blvd, Bonita Springs, FL 34134
      View Details
    • New
      $424,900
      1,914 SF

      Bonita Springs Multifamily Duplex

      Multifamily property in booming Bonita Springs, near beaches and amenities.
      27730 Pierce Ave, Bonita Springs, FL 34135
      View Details
    • $750,000
      0.21 Acres

      Bonita Springs Triplex with River Access

      Updated triplex near Imperial River, ideal for short-term rentals.
      27595-27599 Lime St, Bonita Springs, FL 34135
      View Details
    • $719,000
      2,300 SF

      Bonita Springs Duplex Near Beach

      Duplex near Bonita Beach, ideal for investment or rental.
      27605/609 Imperial River Rd, Bonita Springs, FL 34134
      View Details
    • $675,000
      0.17 Acres

      Bonita Springs Income-Producing Duplex

      Income-producing duplex in Bonita Springs with two 2-bedroom units.
      4438 Pine Lake Rd, Bonita Springs, FL 34134
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot near downtown Bonita Springs, ready to build.
    Where is this residential land & home lot located?
    The property is located at 26821 Palm St, Unit 15 Bonita Springs, FL.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Cleared, ready-to-build vacant lot.; - Desirable location minutes from downtown Bonita Springs.; - No HOA restrictions, offering building flexibility.
    (239) 564-5252
    Request Owner's contact information
    26821 Palm St, Unit 15 Bonita Springs, FL 34135
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26821 Palm St, Unit 15
    Bonita Springs, FL 34135
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26821 Palm St, Unit 15 Bonita Springs, FL 34135
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stanley Whitcomb
    Real Estate License ID: NAPLES-251501327
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!