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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Office buildings
28411 Race Trak Rd Bonita Springs, FL 34135-6845
Entity Owned
~
Est. High Equity
Property ID
US18-2441013
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,402 SF
Lot
1.11 ac (48,477 SF)
Zoning code
IL
APN
02-48-25-B3-00400.0030
UPID
US18-2441013
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
-
The Haley Group (Bike/Boat/Book/etc) Store Corporate Office
-
Artistre Info Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$940k
Blend (final)
Blend
$1.00M
Owner & transaction history
28411 Race Track LLC
28411 Race Track LLC
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
IL · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+24.5%
Neighborhood: shopping center
$1.2M
+3.9%
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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$890,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,120,000
Current use
RETAIL STORES
$1,390,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,160,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (May 16 2024)
Last sale anchor
$1.00M
May 16 2024
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
$294 / 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
$13,349
Tax year 2023
Assessed value
$1,013,439
Assessed 2023
Previous assessed
$1,013,439
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$442,886
Assessed improvement
$570,553
Land market value
$442,886
Improvement market value
$570,553
Total market value
$1,013,439
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
3,402 SF
Lot
1.11 ac (48,477 SF)
Zoning code
IL
APN
02-48-25-B3-00400.0030
UPID
US18-2441013
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
OFFICE BUILDING Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$970,000
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
28411 Race Track LLC
Entity
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
$2,550,000
28411 Race Track LLC
Gulf Coast Aluminum Re LLC
Warranty Deed
$1,912,500 · Jpmorgan Chase Bank N A
May 16, 2024
$1,001,000
Florida First Capital Finance Corp
Tag Media Group LLC
Assignment Of Lease (leasehold Sale)
—
Feb 14, 2024
$2,455,000
Gulf Coast Aluminum Re LLC
Innovative Food Holdings INC
Warranty Deed
$1,220,000 · Bank Of America NA
Jun 10, 2022
—
Innovative Food Holdings INC
—
Deed
related
$2,680,000 · Maplemark Bank
Apr 2, 2018
—
Innovative Food Holdings INC
—
Deed
related
$273,000 · Fifth Third Bk
Apr 2, 2013
$776,000
Innovative Food Holdings INC
Nbd Holdings LLC
Warranty Deed
$46,000 · Fifth Third Bank
Oct 10, 2003
$352,000
Nbd Holdings LLC
Z & C Associates
Grant Deed
related
$280,000 · Community Bank Of Naples NA
—
—
Nbd Holdings LLC
—
Deed Of Trust
related
$129,000 · Community Bank Of Naples NA
—
—
Nbd Holdings LLC
—
Deed Of Trust
related
$160,000 · Community Bank Of Naples NA
—
—
Nbd Holdings LLC
—
Deed Of Trust
related
$100,000 · Community Bank Of Naples NA
—
—
Innovative Food Holdings INC
—
Loan Modification
related
$273,000 · Fifth Third 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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