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

    24301 Walden Center Dr Bonita Springs, FL 34134

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two Class A office buildings in Bonita Springs, Florida.

    Property size:
    94,776 SF
    Lot size:
    6.50 Acres

    Property Features for 24301 Walden Center Dr

    General Information

    Standard status
    Active
    Size
    94,776 SF
    Lot size
    6.50 Acres

    Building Details

    Year built
    1997

    We can help!

    Listing Contact
    Brandon Stoneburner
    Brandon Stoneburner
    Source: Crexi

    Listing Agency: Colliers - Fort Myers, Florida Listing Agent: Brandon Stoneburner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Class A Office Buildings

    The property consists of two three-story Class A office buildings, totaling 94,776 rentable square feet. Constructed in 1997 and renovated in 2018/2019, the property has undergone substantial modernization, with considerable capital enhancements. These include a recent roof replacement, signage upgrades, LED lighting throughout, complete renovation of twelve restrooms, new carpeting and paint, and extensive tenant improvement work. The property is positioned as a premier office asset in the submarket. It is located within a lakefront campus with immediate regional access and daily amenities. The property is currently 83.42% occupied and presents an opportunity to acquire a signature asset in the rapidly growing Village of Estero/Bonita Springs submarket. The Class A office market is experiencing increasing demand from companies seeking locations in Lee and Collier County, and is poised for continued rent growth and demand that outperform national trends.
    Location Intelligence

    Current Use by Public Records

    Best Home Services Hardware & Home Improvement Webfitters Marketing & Advertising Transport Studios, LLC Marketing & Advertising WCI Golf Group ... Golf Course WCI Communities Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.811427
    Latitude
    26.391387

    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?
    Office building - Two Class A office buildings in Bonita Springs, Florida.
    Where is this office building located?
    The property is located at 24301 Walden Center Dr Bonita Springs, FL.
    What are key features of this property?
    This property features: - Premier Class A office asset in the rapidly growing Village of Estero/Bonita Springs submarket.; - Significant modernization with renovations in 2018/2019 and considerable capital enhancements.; - Core-Plus investment with near term value-add through lease-up and rent growth.
    Request Owner's contact information
    24301 Walden Center Dr Bonita Springs, FL 34134
    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.
    24301 Walden Center Dr
    Bonita Springs, FL 34134
    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
    24301 Walden Center Dr Bonita Springs, FL 34134
    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
    Brandon Stoneburner
    Brandon Stoneburner
    Real Estate License ID: SL3099587
    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!