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Property profile & analytics
OFF-MARKET
Estimated value
$31,745,000
Outlet malls
11941 Bonita Bch SE Rd Bonita Springs, FL 34135
Entity Owned
Free & Clear
Property ID
US18-9784311
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2002
Construction
CONCRETE
Total area
164,613 SF
Lot
12.67 ac (552,089 SF)
Zoning code
CPD
APN
01-48-25-B2-02200.0070
UPID
US18-9784311
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
Current use
Occupant on record · Public records
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Compact Power Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Plumbing Repair Service at Depot Plumbing Service General Contractor
-
Tool & Truck Rental Center at The Home Depot Rental Equipment Company
-
The Home Depot Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$33.22M
Comparable Approach
Comparable
$43.02M
Blend (final)
Blend
$31.75M
Owner & transaction history
HOME DEPOT USA INC
HOME DEPOT USA INC
Zoning & alternative use
CPD · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the CPD Commercial Planned Development district is to support commercial development through flexible, master-planned projects that primarily provide consumer retail, office, and business services, while allowing for ancillary residential, lodging, health care, institutional, and selected light industrial uses in a coordinated development frame…
Zone name
Commercial Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
927.67 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$35,990,000
6.5%
$33,220,000
7%
$30,850,000
Blend value · Realmo final
$31.75M
Range $28.57M – $34.92M · ±10%
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
$193 / 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
$102,334
Tax year 2023
Assessed value
$8,076,777
Assessed 2023
Previous assessed
$6,574,178
+22.9% YoY
Effective rate
1.27%
On assessed value
Assessed land
$4,666,256
Assessed improvement
$3,410,521
Land market value
$4,666,256
Improvement market value
$3,410,521
Total market value
$8,076,777
Applied tax rate
17.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
164,613 SF
Lot
12.67 ac (552,089 SF)
Zoning code
CPD
APN
01-48-25-B2-02200.0070
UPID
US18-9784311
Jurisdiction
LEE
Zoning & alternative use
CPD · Bonita Springs, FLZoning CPD · permitted uses
CPD · Bonita Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the CPD Commercial Planned Development district is to support commercial development through flexible, master-planned projects that primarily provide consumer retail, office, and business services, while allowing for ancillary residential, lodging, health care, institutional, and selected light industrial uses in a coordinated development framework.
Zone name
Commercial Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
927.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
12.67 ac
Current owner
From public records · entity-resolved
HOME DEPOT USA INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 105842, ATLANTA, GA 30348-5842
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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