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Property profile & analytics
FOR LEASE
Office buildings
24551 Production Cir Bonita Springs, FL 34135
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-2231947
For Lease
1 / 14
$2,615,000
24551 Production Cir, Bonita Springs, FL 34135
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,524 SF
Lot
1.17 ac (50,964 SF)
Zoning code
IL
APN
16-47-25-B3-00500.0040
UPID
US18-2231947
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
-
Future Ready Solutions Electronics Wholesaler Fiber Optic Products Supplier
-
CMS Insurance Agency, LLC Insurance Agency
-
newplanoptions.com Insurance Agency
-
Express Cannabis Cards Alternative Medicine Practice
-
IGLESIA REMANENTE FIEL Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$2.62M
Owner & transaction history
Industrial Drive 9800 LLC · 1 yrs held
Industrial Drive 9800 LLC
since 2025
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
IL · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.9M
+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
$2,545,000
ML approach
$2,465,000
CAP Approach
CAP Return
Estimation
6%
$3,520,000
6.5%
$3,250,000
7%
$3,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,790,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,935,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$3,295,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.62M
Range $2.35M – $2.88M · ±10% · vs last sale $2.75M (Mar 19 2025)
Last sale anchor
$2.75M
Mar 19 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
$227 / 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
$15,882
Tax year 2023
Assessed value
$1,666,371
Assessed 2023
Previous assessed
$1,175,194
+41.8% YoY
Effective rate
0.95%
On assessed value
Assessed land
$618,703
Assessed improvement
$1,047,668
Land market value
$618,703
Improvement market value
$1,047,668
Total market value
$1,666,371
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
11,524 SF
Lot
1.17 ac (50,964 SF)
Zoning code
IL
APN
16-47-25-B3-00500.0040
UPID
US18-2231947
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
OFFICE BUILDING Current
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING Current
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Industrial Drive 9800 LLC
Entity
Mailing address
21715 HELMSDALE RUN, ESTERO, FL 33928-6253
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
$2,750,000
Industrial Drive 9800 LLC
Csn Family Properties LLC
Warranty Deed
—
Sep 21, 2021
—
Csn Family Properties LLC
—
Deed
related
$999,000 · Bankunited NA
Sep 6, 2018
$1,200,000
Csn Family Properties LLC
Hodges Brothers LLC
Warranty Deed
$1,000,000 · Seacoast National Bank
Jan 13, 2012
$525,000
Hodges Brothers LLC
Jlm Financial Investments 3 LLC
Special Warranty Deed
$420,000 · Bank United
Sep 20, 2010
$1,056,825
Jlm Financial Invs 3 LLC
Vishnu Investments LLC
Deed In Lieu Of Foreclosure
—
May 13, 2004
$1,500,000
Vishnu Investments LLC
Plaza Trust
Grant Deed
$1,160,000 · Busey Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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