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

    24830 Tamiami Trl Bonita Springs, FL 34134

    • Community centers
    • 19,550 SF
    • 2.75 lot acres
    For Lease
    View listing
    $30 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0225705
    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

    • Pelican Clothing Alterations / (Bike/Boat/Book/etc) Store
    • POOL CITY / (Bike/Boat/Book/etc) Store / Hardware & Home Improvement
    • That New York Bagel Place / (Bike/Boat/Book/etc) Store / Bakery
    • Pelican Village / Shopping Center & Mall
    • Timeless Medical Spa Services / Physician

    Property Details for 24830 Tamiami Trl

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.75 lot acres
    Property size
    19,550 SF
    Zone code
    CPD
    Property type
    Community centers
    APN
    16-47-25-B3-01400.0020
    APU
    164725B3014000020

    Description

    Pelican Village, a well-maintained 32,670 square foot retail strip center, presents a unique investment opportunity in Bonita Springs, Florida. Located at the highly visible, signalized intersection of US 41 and Business 41, this property benefits from exceptional frontage and signage on US 41. The center is situated at the entrance to Pelican Landing, a thriving residential community boasting over 3,000 homes, ensuring a strong customer base. Its convenient location, just over a mile south of Coconut Point Mall, further enhances its appeal to both shoppers and businesses. Built in 2001, the property is currently multi-tenant occupied, with only 1,000 square feet of retail space currently available. This presents a rare chance to secure a space in a well-established center with significant foot traffic and visibility in a desirable Florida location. The address is 24830 S Tamiami Trail, Bonita Springs, FL 34134. The property's prime location and established tenant base make it an attractive option for businesses seeking high visibility and access to a substantial consumer market. Don't miss this opportunity to become part of a thriving retail community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,175,000
      6.5%
      $4,775,000
      7%
      $4,435,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $6,680,000
      Current use
      MEDICAL BUILDING
      $5,590,000
      Change: -16% Conversion: Difficult

    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
    26.379
    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
    $77,198
    $2,601,100
    $3,897,570
    $6,498,670
    -
    $2,601,100
    $3,897,570
    $6,498,670

    Comparable in this City

    • Value Estimation
      $5,305,000
      27,933 SF

      24840 Tamiami Trl, Unit 880

      MINI-MALL • 27,933 SF
      24840 Tamiami Trl, Bonita Springs, FL 34134-7009
      View Details
    • Value Estimation
      $1,555,000
      9,225 SF

      26831 Tamiami Trl

      MINI-MALL • 9,225 SF
      26831 Tamiami Trl, Bonita Springs, FL 34134-7823
      View Details
    • Value Estimation
      $8,775,000
      57,519 SF

      25987 Tamiami Trl

      MINI-MALL • 57,519 SF
      25987 Tamiami Trl, Bonita Springs, FL 34134-7806
      View Details
    • Value Estimation
      $1,895,000
      7,635 SF

      28245 Tamiami Trl

      MINI-MALL • 7,635 SF
      28245 Tamiami Trl, Bonita Springs, FL 34134-3221
      View Details
    • Value Estimation
      $5,170,000
      13,008 SF

      28441 Tamiami Trl

      MINI-MALL • 13,008 SF
      28441 Tamiami Trl, Bonita Springs, FL 34134-3212
      View Details
    • Value Estimation
      $1,215,000
      7,215 SF

      24241 Tamiami Trl

      SHOPPING CENTER, STRIP CENTER • 7,215 SF
      24241 Tamiami Trl, Bonita Springs, FL 34134-7000
      View Details

    Similar Nearby for Sale

    • $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.
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      Waterfront Commercial Land Opportunity

      Commercial land with waterfront views and redevelopment potential.
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      Bonita Springs Automotive Retail Property

      Automotive retail property with corporate guaranteed lease and high traffic.
      27791 S Tamiami Trl, Bonita Springs, FL 34134
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      1.92 Acres

      Estero Commercial Suites Available

      Prime US-41 location, two suites, October 2025.
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    • $595,000
      0.02 Acres

      Luxury Storage Condo Near Beach

      Exclusive climate-controlled condo for cars, boats, RVs near beachfront.
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    Similar Nearby for Lease

    • Contact for pricing
      64,988 SF

      Bonita Springs Retail Center

      Prime Bonita Springs retail, 2 pad sites available
      25987 Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • $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
    • $30 SF/Yr
      32,670 SF

      Bonita Springs Retail Center

      Prime Retail Space, High Visibility
      24830 Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • Contact for pricing
      21,000 SF

      Upscale Bonita Springs Lifestyle Center

      Upscale center with retail, restaurant, hotel and luxury apartments.
      Bonita Beach Rd SE, 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
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    Bonita Springs, FL 34134
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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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