Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24940 Tamiami Trl Ste, Unit 106 Bonita Springs, FL 34134-7824
    Back to Search
    Property profile & analytics

    24940 Tamiami Trl Ste, Unit 106, Bonita Springs, FL 34134-7824

    View on Map
    • Retail space
    • 5,691 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Mar 15, 2022
    $1,175,000
    Property ID
    US18-9030675
    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
    $1,180,000
    Show details
    Cap Rate Potential
    5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 24940 Tamiami Trl Ste

    Year built
    1998
    Lot size
    0.16 lot acres
    Property type
    Retail space
    APN
    21-47-25-B2-03100.0106
    APU
    214725B2031000106

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 15, 2022 $1,175,000 Rf Holdings Bonita LLC Gary D Niethamer Warranty Deed $999k · First Citizens Bank & Trust Co
    Jul 29, 2010 $685,000 Niethamer Gary D Trust Branch Bkng & Trust Co Grant Deed $548k · Regions Bank
    Mar 5, 2009 — Colonial Bank Raya Props Of Collier Cnty Flor Trustees Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,485,000
      ML approach
      $1,230,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,245,000
      6.5%
      $1,150,000
      7%
      $1,065,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $778,000
      Market price range: $304k - $1.49M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,945,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonita Springs
    County
    Lee
    State
    Florida
    Longitude
    -81.8087
    Latitude
    26.3759
    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
    $13,884
    $0.00
    $970,937
    $970,937
    -
    $0.00
    $970,937
    $970,937

    Comparable in this City

    • Value Estimation
      $3,240,000
      13,916 SF

      3251 Woods Edge Pkwy

      RETAIL STORES (PERSONAL SERVICES)
      3251 Woods Edge Pkwy, Bonita Springs, FL 34134-1309
      View Details
    • Value Estimation by Request
      181 SF

      3775 Bonita Bch Rd

      RETAIL STORES (PERSONAL SERVICES)
      3775 Bonita Bch Rd, Bonita Springs, FL 34134-1404
      View Details
    • Value Estimation
      $1,240,000
      6,796 SF

      27890 Tamiami Trl

      RETAIL STORES (PERSONAL SERVICES)
      27890 Tamiami Trl, Bonita Springs, FL 34134-4224
      View Details
    • Value Estimation
      $1,160,000
      6,000 SF

      15 8th St

      RETAIL STORES (PERSONAL SERVICES)
      15 8th St, Bonita Springs, FL 34134-7455
      View Details
    • Value Estimation by Request
      2,700 SF

      18 8th St

      RETAIL STORES (PERSONAL SERVICES)
      18 8th St, Bonita Springs, FL 34134-7429
      View Details
    • Value Estimation
      $1,115,000
      6,280 SF

      4267 Bonita Bch Rd

      RETAIL STORES (PERSONAL SERVICES)
      4267 Bonita Bch Rd, Bonita Springs, FL 34134-4085
      View Details

    Similar Nearby for Sale

    • $100,000

      Established Hair Salon Business

      Profitable hair salon business for sale in Bonita Springs.
      25987 South Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • Contact for pricing
      1,300 SF

      Established Hair Salon Business

      Operating hair salon business for sale with existing lease.
      25987 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • Contact for pricing

      Bonita Springs Auto Dealership Property

      Auto dealership property on US-41 with frontage and visibility.
      28450 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • New
      $4,500,000
      0.78 Acres

      Class A Flex Building with 14-Foot Door

      Modern flex facility with high-end office buildout, reception, and a large garage/receiving bay.
      3820 Via Del Rey, Bonita Springs, FL 34134
      View Details
    • Contact for pricing

      Bonita Springs Retail Space Available

      Prime retail space with US 41 frontage in Bonita Springs.
      24851 S Tamiami Trl, Bonita Springs, FL 34134
      View Details
    • 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

    Similar Nearby for Lease

    • Contact for pricing
      3,710 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
    • Contact for pricing
      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
    • $7,900 /Mo
      4,000 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
    • Contact for pricing
      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
    • Contact for pricing
      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
      1,454 SF

      Retail Space For Lease

      Retail space available in high-traffic Bonita Springs center.
      3401 Bonita Beach Rd, Bonita Springs, FL 34134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24940 Tamiami Trl Ste, Unit 106
    Bonita Springs, FL 34134-7824
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    24940 Tamiami Trl Ste, Bonita Springs, FL, 34134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!