Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office buildings
10550 Abernathy St Bonita Springs, FL 34135-5520
Entity Owned
~
Est. High Equity
Property ID
US18-5034376
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,436 SF
Lot
0.34 ac (15,000 SF)
Zoning code
C-1
APN
35-47-25-B3-00337.0110
UPID
US18-5034376
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$925k
Owner & transaction history
Ranieri Dental Holdings LLC
Ranieri Dental Holdings LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-1 · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+88.8%
Retail stores
$995,000
+24.5%
Neighborhood: shopping center
$830,000
+3.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bonita Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bonita Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$860,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$685,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$800,000
Current use
COMMERCIAL (GENERAL)
$1,515,000
Change: +89% · Conversion: Easy
RETAIL STORES
$995,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$830,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $1.18M (May 14 2025)
Last sale anchor
$1.18M
May 14 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$380 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,462
Tax year 2023
Assessed value
$486,137
Assessed 2023
Previous assessed
$344,070
+41.3% YoY
Effective rate
1.33%
On assessed value
Assessed land
$159,912
Assessed improvement
$326,225
Land market value
$159,912
Improvement market value
$326,225
Total market value
$486,137
Applied tax rate
311.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
2,436 SF
Lot
0.34 ac (15,000 SF)
Zoning code
C-1
APN
35-47-25-B3-00337.0110
UPID
US18-5034376
Jurisdiction
LEE
Zoning & alternative use
C-1 · Bonita Springs, FL
Zoning C-1 · permitted uses
C-1 · Bonita Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bonita Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$995,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$830,000
MEDICAL BUILDING
Est. value
$695,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Ranieri Dental Holdings LLC
Entity
Mailing address
10411 STRIKE LN, BONITA SPRINGS, FL 34135-9618
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2025
$1,180,000
Ranieri Dental Holdings LLC
Pablo Esteban Simon
Warranty Deed
$1,235,000 · Live Oak Banking Company
Jul 19, 2022
$680,000
Pablo Esteban Simon
Michael P Quinn
Warranty Deed
$580,000 · Michael P Quinn Trust
Oct 17, 2018
—
Michael P Quinn
—
Deed
related
$125,000 · First Citizens Bank & Trust Co
Aug 31, 2017
—
Michael P Quinn
—
Deed
related
$118,689 · First Fl Integrity Bk
Oct 3, 2016
—
Michael P Quinn
—
Deed
related
$136,476 · First Fl Integrity Bk
Mar 30, 2011
—
Michael P Quinn
—
Trustees Deed
related
$200,000 · Regions Bank
—
—
Michael P Quinn
—
Loan Modification
related
—
—
—
Michael P Quinn
—
Loan Modification
related
$136,476 · First Fl Integrity Bk
—
—
Michael P Quinn
—
Deed Of Trust
related
$1,570 · Wachovia Bank NA
—
—
Michael P Quinn
—
Deed Of Trust
related
$200,000 · Wachovia Bank NA
—
—
Michael P Quinn
—
Loan Modification
related
$118,689 · First Fl Integrity Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10550 Abernathy St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
