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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    24800 Tamiami Trl Bonita Springs, FL 34134-7053

    • Drug stores
    • 13,781 SF
    • 1.83 lot acres
    OFF-MARKET
    Value Estimations
    $3,310,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0430571
    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.

    Current Use by Public Records

    • CVS Pharmacy / Pharmacy
    • CVS Photo / (Bike/Boat/Book/etc) Store / Printing Service
    • CDReload - Online Bitcoin ATM / Atm / Currency Exchange Service
    • CVS / Pharmacy
    • UPS Access Point location / Courier Service / Postal Service

    Property Details for 24800 Tamiami Trl

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.83 lot acres
    Property size
    13,781 SF
    Zone code
    CPD
    Property type
    Drug stores
    APN
    16-47-25-B3-01400.0010
    APU
    164725B3014000010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,015,000
      6.5%
      $2,780,000
      7%
      $2,585,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,959,000
      Market price range: $737k - $3.60M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,710,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.8087
    Latitude
    26.3799
    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
    $40,648
    $2,604,488
    $1,085,317
    $3,689,805
    -
    $2,604,488
    $1,085,317
    $3,689,805

    Comparable in this City

    • Value Estimation
      $6,360,000
      19,416 SF

      28100 Tamiami Trl

      DRUG STORE, PHARMACY • 19,416 SF
      28100 Tamiami Trl, Bonita Springs, FL 34134-3203
      View Details
    • Value Estimation
      $4,515,000
      18,086 SF

      25091 Tamiami Trl

      DRUG STORE, PHARMACY • 18,086 SF
      25091 Tamiami Trl, Bonita Springs, FL 34134-7804
      View Details
    • Value Estimation
      $1,865,000
      6,820 SF

      28801 Tamiami Trl

      RETAIL STORES (PERSONAL SERVICES) • 6,820 SF
      28801 Tamiami Trl, Bonita Springs, FL 34134-3222
      View Details
    • Value Estimation
      $1,600,000
      10,077 SF

      28701 Tamiami Trl

      RETAIL STORES (PERSONAL SERVICES) • 10,077 SF
      28701 Tamiami Trl, Bonita Springs, FL 34134-3220
      View Details
    • Value Estimation
      $7,935,000
      52,991 SF

      26841 Tamiami Trl

      GROCERY, SUPERMARKET • 52,991 SF
      26841 Tamiami Trl, Bonita Springs, FL 34134-7817
      View Details
    • Value Estimation by Request
      1,141 SF

      4450 Bonita Bch Rd Ste, Unit 5

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      4450 Bonita Bch Rd Ste, Bonita Springs, FL 34134-3909
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,010 SF

      Waterfront Commercial Land Opportunity

      Commercial land with waterfront views and redevelopment potential.
      26107 Hickory Blvd, Bonita Springs, FL 34134
      View Details
    • $20,750,000
      11.00 Acres

      Tamiami Trail S (28450) Bonita Sprins

      Automotive properties • 11.00 Acres
      28450 Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • $1,000,000

      Bonita Springs Restaurant Business Opportunity

      Established upscale restaurant business for sale in Bonita Springs, Florida.
      Us 41, Bonita Springs, FL 34134
      View Details
    • $3,330,080
      6,880 SF

      Bonita Springs Automotive Retail Property

      Automotive retail property with corporate guaranteed lease and high traffic.
      27791 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • Contact for pricing
      0.64 Acres

      Bonita Springs Waterfront Land

      Prime Commercial Redevelopment Site, Estero Bay Access.
      26107 Hickory Blvd, Bonita Springs, FL 34134
      View Details
    • $8,499,000
      2.05 Acres

      Bonita Beach Road Waterfront Land

      2.05-acre commercial/residential land
      4836 Bonita Beach Rd, Bonita Springs, FL 34134
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      861 SF

      Bonita Springs Retail Space Available

      Retail space for lease in established Bonita Beach plaza.
      3431 Bonita Beach Rd, Bonita Springs, FL 34134
      View Details
    • Contact for pricing
      1,615 SF

      Retail Space Available For Lease

      Retail space available for rent with air conditioning.
      28235 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • $7,900 /Mo
      103,495 SF

      Retail Space Near Publix

      Retail space available in a Publix-anchored shopping center.
      24600/602 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • $30 SF/Yr
      2,275 SF

      Retail Space on Tamiami Trail

      Retail space in a high-traffic shopping center.
      26831 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • $22 SF/Yr
      1,900 SF

      Retail Space on Renaissance Boulevard

      Retail space with frontage on high-traffic US 41.
      3440 Renaissance Blvd, Bonita Springs, FL 34134
      View Details
    • Contact for pricing
      977 SF

      Retail Space Anchored by Publix

      Retail space in high-traffic area near beaches and I-75.
      3300-3304 Bonita Beach Rd, Bonita Springs, FL 34134
      View Details
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    Bonita Springs, FL 34134-7053
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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