Bonita Springs Flex/Warehouse
For Sale
$889,999
27900 Industrial Street, Bonita Springs, FL 34135
Flex space with warehouse and office in growing Bonita Springs.
Property Size3,780 SF
Price / SF$235.45
Days on Market245
Property Features for 27900 Industrial Street
General Information
Standard status
Active
Size
3,780 SF
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
Knowledge Base Real Estate
Listed By:
Logan Lockwood · License #251535222
(239) 398-8934
Source:
Johnrwood
Added: Feb 19
Changed: Oct 21
Last Checked: Oct 20 at 11:01PM
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 Knowledge Base Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the growing Bonita Springs area, this property offers a flexible space solution with a combination of office and warehouse functionalities. The property features approximately 780 square feet of office space, divided into three separate office spaces. The warehouse component provides roughly 2600 square feet of storage capacity. Additionally, there is a 420-square-foot storage area and two bathrooms. The property includes a fenced-in yard suitable for equipment storage. Access to the warehouse is facilitated by one garage door at the front of the building and one roll-up door at the rear. The building has a C2 zoning designation. A TPO roof was installed in 2017. The property is located near the growing downtown area and has good access to a major roadway. There are 3 years remaining on a 5 year lease with the current tenant.
Key Highlights
- Excellent location off a major road in the growing Bonita Springs area, near the downtown area.
- C2 Zoning allows for a variety of commercial uses.
- Combination of office (780 sqft) and warehouse space (2600 sqft) provides versatility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,351
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,020
$827.0K
Cap Rate 7%
$590,729
$590.7K
Cap Rate 9%
$459,456
$459.5K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$68.0K $18.00/SF
− Vacancy
−$4.4K −$1.17/SF
EGI
$63.6K $16.83/SF
− OpEx
−$22.3K −$5.89/SF
NOI
$41.4K $10.94/SF
Area
Lee County, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,020
Cap Rate 7%
$590,729
Cap Rate 9%
$459,456
Alternative Uses
Best Use
Flex RnD
$590.7K
$516.9K – $689.2K
NOI $41,351 @ 7.0% cap · market cap 4.65%
Second Best
Industrial
$492.9K
$431.3K – $575.1K
NOI $34,506 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,281 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34135, FL
45,518
Population
30,904
Households
1.5
Avg Household Size
60
Median Age
39%
College-Educated
88%
High-School Grad
61.8 sq mi
ZIP Area
737
Density / Sq Mi
$86,731
Median Household Income
$37,952
Median Earnings
$1,790
Median Rent
$419,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with warehouse and office in growing Bonita Springs.
Where is this flex space located?
The property is located at 27900 Industrial Street Bonita Springs, FL.
What is the asking price?
The asking price for this property is $889,999.
What are key features of this property?
This property features: Excellent location off a major road in the growing Bonita Springs area, near the downtown area.; C2 Zoning allows for a variety of commercial uses.; Combination of office (780 sqft) and warehouse space (2600 sqft) provides versatility.
