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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Turn key restaurants
27940 Crown Lk Blvd Bonita Springs, FL 34135-4242
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4865160
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1994
Construction
FRAME
Total area
5,491 SF
Lot
1.16 ac (50,466 SF)
Zoning code
CPD
APN
33-47-25-B3-01800.0090
UPID
US18-4865160
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
-
Aqua Seafood, Steaks & Raw Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.32M
Blend (final)
Blend
$3.48M
Owner & transaction history
27940 Crown Lake Blvd INC · 4 yrs held
27940 Crown Lake Blvd INC
since 2022
Last sale
$3.1M
4 recorded transactions
Zoning & alternative use
CPD · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+21.9%
Commercial (general)
$3.4M
+7.4%
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
$3,910,000
ML approach
$3,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,175,000
Current use
AUTO REPAIR, GARAGE
$3,870,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,410,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10% · vs last sale $3.09M (May 4 2022)
Last sale anchor
$3.09M
May 4 2022
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
$633 / 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
$20,518
Tax year 2023
Assessed value
$1,461,879
Assessed 2023
Previous assessed
$1,448,889
+0.9% YoY
Effective rate
1.40%
On assessed value
Assessed land
$929,256
Assessed improvement
$532,623
Land market value
$929,256
Improvement market value
$532,623
Total market value
$1,461,879
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1994
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
5,491 SF
Lot
1.16 ac (50,466 SF)
Zoning code
CPD
APN
33-47-25-B3-01800.0090
UPID
US18-4865160
Jurisdiction
LEE
Zoning & alternative use
CPD · Bonita Springs, FL
Zoning CPD · permitted uses
CPD · 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
RESTAURANT Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.4M
RESTAURANT Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1994
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
27940 Crown Lake Blvd INC
Entity
Mailing address
852 5TH AVE S, NAPLES, FL 34102-6606
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
$3,089,500
27940 Crown Lake Blvd INC
Wf Pp Realty LLC
Special Warranty Deed
$1,100,000 · Wf Pp Realty LLC
Dec 23, 2014
$3,248,440
Wf Pp Realty LLC
Cnl Apf Partners LP
Grant Deed
—
Dec 23, 2014
—
Wf Pp Realty LLC
Cnl Apf Partners LP
Quit Claim Deed
related
—
Jul 11, 2005
$2,990,000
Cnl Apf Partners
Restaurant
Grant Deed
—
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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