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Property profile & analytics
OFF-MARKET
Estimated value
$6,055,000
Community centers
28290 Old 41st Rd Bonita Springs, FL 34135-6876
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-8459049
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,653 SF
Lot
1.46 ac (63,685 SF)
Zoning code
IL
APN
02-48-25-B1-28000.0003
UPID
US18-8459049
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
-
Golf Cart Monkey Golf Cart Dealer
-
Irish Roofing & Exteriors Roofing Company General Contractor
-
The Studio Creative Place (Bike/Boat/Book/etc) Store Photography Service
-
fun-buggies Car Rental Facility
-
Sunshine Sod Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.31M
Comparable Approach
Comparable
$5.91M
Blend (final)
Blend
$6.06M
Owner & transaction history
Terminal Eagan IV LLC
Terminal Eagan IV LLC
since 2025
Last sale
$7.0M
5 recorded transactions
Zoning & alternative use
IL · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.2M
+19.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,670,000
6.5%
$4,310,000
7%
$4,005,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,030,000
Current use
RETAIL STORES
$7,225,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$5,805,000
Change: -4% · Conversion: Moderate
MEDICAL BUILDING
$5,045,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.06M
Range $5.45M – $6.66M · ±10% · vs last sale $7.00M (Dec 9 2025)
Last sale anchor
$7.00M
Dec 9 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
$343 / 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
$58,238
Tax year 2023
Assessed value
$4,534,304
Assessed 2023
Previous assessed
$3,910,556
+16.0% YoY
Effective rate
1.28%
On assessed value
Assessed improvement
$4,534,304
Improvement market value
$4,534,304
Total market value
$4,534,304
Applied tax rate
311.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
17,653 SF
Lot
1.46 ac (63,685 SF)
Zoning code
IL
APN
02-48-25-B1-28000.0003
UPID
US18-8459049
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.0M
RETAIL STORES
Est. value
$7.2M
OFFICE BUILDING
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
OFFICE BUILDING
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Terminal Eagan IV LLC
Entity
Free & Clear · 0 yrs held
Mailing address
808 WIGGINS PASS RD #200, NAPLES, FL 34110-6136
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
—
Terminal Eagan IV LLC
—
Deed
related
$3,500,000 · Nicolet National Bank
Dec 9, 2025
$7,000,000
Terminal Eagan IV LLC
Causeway Commerce Park LLC
Warranty Deed
—
Jan 30, 2020
—
Causeway Commerce Park LLC
—
Deed
related
$1,000,000 · Midwestone Bk
Jul 10, 2019
—
Causeway Commerce Park LLC
—
Loan Modification
related
$7,290,560 · Midwestone Bk
—
—
Causeway Commerce Park LLC
—
Loan Modification
related
$1,000,000 · Midwestone Bk
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.
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