For Sale
$2,248,000
3291 WOODS EDGE PKWY 1, Bonita Springs, FL 34134
Office Units
Property Size4,819 SF
Price / SF$466.49
Days on Market205
Property Features for 3291 WOODS EDGE PKWY 1
General Information
Standard status
Active
Size
4,819 SF
Class
B
Property subtype
Office
Additional Details
Office Units
1
Building Details
Building Size
4,819 SF
Year Built
2006
Listing Agency:
SVN - Commercial Partners | Miami
Listed By:
Lauri Albion · License ##BK626727
(239) 851-5492
Source:
Svn
Added: Apr 1
Changed: Oct 1
Last Checked: Oct 20 at 7:10PM
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 SVN - Commercial Partners | Miami
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Investment Insights
Based on property information with market context.
Key Highlights
- Commercial building built in 2006 at 3291 Woods Edge Pkwy 1 in Bonita Springs, FL
- 4,819 SF building with a 1st floor unit
- Versatile space suited for office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,814
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,656,280
$1.7M
Cap Rate 7%
$1,183,057
$1.2M
Cap Rate 9%
$920,156
$920.2K
Market Conditions
NOI Build-Up for 4,819 SF
Gross rent
$120.3K $24.96/SF
− Vacancy
−$9.9K −$2.05/SF
EGI
$110.4K $22.91/SF
− OpEx
−$27.6K −$5.73/SF
NOI
$82.8K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,656,280
Cap Rate 7%
$1,183,057
Cap Rate 9%
$920,156
Alternative Uses
Best Use
Office B
$1.18M
$1.04M – $1.38M
NOI $82,814 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,172 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 34134, FL
15,906
Population
15,051
Households
1.1
Avg Household Size
70
Median Age
55%
College-Educated
98%
High-School Grad
13.4 sq mi
ZIP Area
1,187
Density / Sq Mi
$122,102
Median Household Income
$56,170
Median Earnings
$1,814
Median Rent
$659,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
Where is this office unit located?
The property is located at 3291 WOODS EDGE PKWY 1 Bonita Springs, FL.
What is the asking price?
The asking price for this property is $2,248,000.
What are key features of this property?
This property features: Commercial building built in 2006 at 3291 Woods Edge Pkwy 1 in Bonita Springs, FL; 4,819 SF building with a 1st floor unit; Versatile space suited for office use
