Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Gas stations
24242 Production Cir Bonita Springs, FL 34135-7057
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-4559132
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1980
Construction
STEEL FRAME
Total area
3,456 SF
Lot
1.68 ac (73,123 SF)
Zoning code
IL
APN
16-47-25-B2-01700.0380
UPID
US18-4559132
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
-
180 Service & Repair Metal Fabrication Plant Factory
-
Stately Nursery (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.09M
Owner & transaction history
Naples Coastal Properties INC · 12 yrs held
Naples Coastal Properties INC
since 2013
2 recorded transactions
Zoning & alternative use
IL · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+42.1%
Neighborhood: shopping center
$1.2M
+18.6%
Office building
$1.1M
+14.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$995,000
Current use
RETAIL STORES
$1,415,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,180,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$1,135,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$990,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$840,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±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
$314 / 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
$12,294
Tax year 2023
Assessed value
$1,527,881
Assessed 2023
Previous assessed
$462,480
+230.4% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,462,460
Assessed improvement
$65,421
Land market value
$1,462,460
Improvement market value
$65,421
Total market value
$1,527,881
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
3,456 SF
Lot
1.68 ac (73,123 SF)
Zoning code
IL
APN
16-47-25-B2-01700.0380
UPID
US18-4559132
Jurisdiction
LEE
Zoning & alternative use
IL · Bonita Springs, FL
Zoning IL · permitted uses
IL · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$995,000
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$990,000
WAREHOUSE, STORAGE
Est. value
$840,000
SERVICE STATION (FULL SERVICE) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1980
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
Naples Coastal Properties INC
Entity
Mailing address
497 CORBEL DR, NAPLES, FL 34110-1176
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2013
$1,600,000
Naples Coastal Properties INC
Harris Constance L Trust
Trustees Deed
$1,600,000 · Harris Constance L Trust (pt)
Jun 19, 2009
—
Harris Constance L Trust
Harris,james W & Constance L
Quit Claim Deed
related
—
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 24242 Production Cir?
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.
