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    24520 Production Cir Bonita Springs, FL 34135-7029
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    Property profile & analytics

    24520 Production Cir, Bonita Springs, FL 34135-7029

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    • Office buildings
    • 17,820 SF
    • 2.01 lot acres
    Off-Market
    Last Sale May 12, 2024
    $3,450,000
    Property ID
    US18-1353191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,880,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Darren Schoof / Real Estate Agency
    • Physical Therapy Associates / Physician
    • Suncoast ReRoofing LLC / Roofing Company / General Contractor
    • Southern Showcase / Interior Design / Home Decor Store
    • Vogue Interiors Design / Interior Design / Home Decor Store

    Property Details for 24520 Production Cir

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.01 lot acres
    Zone code
    IL
    Property type
    Office buildings
    APN
    16-47-25-B3-00500.0010
    APU
    164725B3005000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 12, 2024 $3,450,000 Smithcorp Realty Bonita LLC Kenneth B Kingon JR Warranty Deed $1.7M · The Centre At Pelican Landing Trust
    Aug 12, 2024 — Kenneth B Kingon JR Keith Ritter Intrafamily Transfer · related —
    Jul 14, 2016 — Centre Of Pelican Landing Land Trust — Deed · related $415k · Valley Nat'l Bk
    Jul 8, 2003 $525,000 New Generation Homes By Kingon Colony-gateway INC Grant Deed —
    — — Centre Of Pelican Landing Land Trust — Deed Of Trust · related $415k · Valley Nat'l Bk

    Description

    Vogue Plaza, located at 24520 Production Cir, Bonita Springs, FL 34135, offers exceptional office space in a meticulously maintained plaza. This single-story, 19,092 square foot building sits on a 2.01-acre lot and was constructed in 1998. The property is zoned CG and is conveniently situated on US 41, across from Pelican Landing in a prosperous area of Bonita Springs, Lee County. Two available suites provide flexible options for businesses of varying sizes. Unit 2 encompasses 2,339 square feet and features an open workspace, three private offices, a conference area, storage, and a kitchen/breakroom. Unit 3 offers a more expansive 3,375 square feet, including an open workspace, twelve private offices, two conference rooms, and a kitchen/breakroom. This property presents a unique opportunity to establish a presence in a high-demand location with excellent visibility and access. The building's single-story design provides easy navigation and accessibility. The property's location offers convenient access to major roadways and a variety of amenities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,445,000
      6.5%
      $5,025,000
      7%
      $4,665,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,658,000
      Market price range: $3.46M - $8.67M
      AI Estimate
      $2,807,000
      Market price range: $2.02M - $5.20M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,860,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $6,085,000
      Change: +4% Conversion: Difficult
      MEDICAL BUILDING
      $5,095,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.8074
    Latitude
    26.3829
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,107
    $1,257,730
    $1,769,196
    $3,026,926
    -
    $1,257,730
    $1,769,196
    $3,026,926
    More about this property
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