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

    26107 Hickory Blvd Bonita Springs, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with waterfront views and redevelopment potential.

    Type:RETAIL
    Property size:
    3,010 SF
    Lot size:
    0.88 Acres
    Added:
    Dec 6, 2023
    Days on Market:
    873
    Last Refresh:
    Apr 5 at 11:16 pm

    Property Features for 26107 Hickory Blvd

    General Information

    Standard status
    Active
    Size
    3,010 SF
    Lot size
    0.88 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Scott Mersinger
    Scott Mersinger

    Listing agent Scott Mersinger License #SL3534436

    Listing office Trinity Commercial Group, Inc.

    Listing date Dec 6, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Trinity Commercial Group, Inc.

    Overview

    Waterfront Commercial Land Opportunity

    This commercial property, built in 1981, is located off Hickory Boulevard dockside on Estero Bay in Bonita Springs, Florida, and offers access to the Gulf. The site, zoned commercial in Lee County, presents a redevelopment opportunity and features waterfront views and docks. The property size is 3010 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Big Hickory Fishing ... Marina Serclean | Water Damage ... Home Help

    Suggested Use

    Real Estate Agency Restaurant Gym & Fitness Center Hotel & Motel Bed & Breakfast Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.8576
    Latitude
    26.3586

    Nearby Similar for Sale

    • $675,000

      Commercial Condo in Bernwood Business Park

      Well-located commercial condo with owner financing available at 5%.
      25110 Bernwood Dr, BONITA SPRINGS, FL 34135
      View Details
    • $4,500,000

      Stunning Flex Building in Bonita

      Class A quality flex building in prime location.
      3820 Via Del Rey, BONITA SPRINGS, FL 34134
      View Details
    • $995,000

      Bonita Springs Waterfront Development Opportunity

      Three-acre waterfront property in Bonita Springs, development-ready with utilities in place.
      12025 Carpenter Ln lot: 7, BONITA SPRINGS, FL 34135
      View Details
    • $1,449,999

      Bonita Springs Flex/Warehouse Space

      Flex space with warehouse and office components in Bonita Springs.
      27900 Industrial Street, Bonita Springs, FL 34135
      View Details
    • $699,000

      Riverfront Property with Rental Income

      Bonita Springs riverfront property with two apartments and rental income.
      10690 Goodwin Street, Bonita Springs, FL 34135
      View Details
    • $400,000

      Bonita Springs Acreage Dream Home Lot

      1.25 acre lot ready for your dream home!
      25210 Papillion Dr lot: 605, BONITA SPRINGS, FL 34135
      View Details
    • $549,800

      Bonita Springs Multifamily Development Opportunity

      Cleared, build-ready multifamily lot near beaches in Imperial Shores.
      4418 Mariner Road, Bonita Springs, FL 34134
      View Details
    • $850,000

      Updated Duplex in Bonita Springs

      Well-maintained duplex with canal access, ideal for investors.
      27315 Gasparilla Dr unit: 317, BONITA SPRINGS, FL 34135
      View Details
    • $3,500,000

      9.44 Acres Development Opportunity

      Undeveloped land suitable for residential or commercial development.
      27660 KENT ROAD, BONITA SPRINGS, FL 34135
      View Details
    • $424,900
      1,914 SF

      Bonita Springs Multifamily Duplex

      Multifamily property in booming Bonita Springs, near beaches and amenities.
      27730 Pierce Ave unit: 732, BONITA SPRINGS, FL 34135
      View Details
    • $719,000

      Bonita Springs Duplex Near Beach

      Duplex near Bonita Beach, ideal for investment or rental.
      27605/609 Imperial River Rd unit: 609, BONITA SPRINGS, FL 34134
      View Details
    • $725,000

      Residential Lot in Bonita Springs

      Vacant gulf access lot ready for custom dream home.
      4853 Gary Rd lot: 16, BONITA SPRINGS, FL 34134
      View Details

    FAQs

    What type of property is this?
    Retail property - Commercial land with waterfront views and redevelopment potential.
    Where is this retail property located?
    The property is located at 26107 Hickory Blvd Bonita Springs, FL.
    What are key features of this property?
    This property features: Waterfront location on Estero Bay with Gulf access.; Redevelopment opportunity.; Docks included.
    (608) 432-2531 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Scott Mersinger
    Scott Mersinger
    Real Estate License ID: SL3534436
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!