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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Office buildings
8800 Terrene Ct Bonita Springs, FL 34135-9530
Entity Owned
26-yr Hold
Free & Clear
Property ID
US18-3396261
Property summary
AI-generated overview
This exceptional Bonita Springs investment opportunity presents a 10,465 square foot, single-story medical office building situated on a 1.09-acre lot. The property, constructed in 2000 and classified as Class B, features a total of five suites, with one suite currently vacant, offering 1,503 square feet of readily available space. The building boasts 47 parking spaces, providing ample convenience for patients and staff. Located at 8800 Terrene Ct, Bonita Springs, FL 34135, this property enjoys a prime location on the east side of US 41, at the corner of S. Tamiami Trail and Terrene Court, just north of the Highlands Woods Blvd./S. Tamiami Trail intersection. Its convenient location is further enhanced by its proximity to prominent residential communities. The zoning is designated as CPD. This freestanding building offers a unique opportunity for medical or professional practices seeking a well-maintained, easily accessible space in a thriving area. The vacant suite is immediately available and ideal for a variety of uses. Showings are by appointment only.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,465 SF
Lot
1.1 ac (47,818 SF)
Zoning code
CPD
APN
28-47-25-B3-04600.0010
UPID
US18-3396261
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
-
Shahla Medical Group Medical Clinic
-
Dr. Sateah Shahla, MD Medical Group
-
Dr. Ziad Shahla, MD Physician
-
Bonita Internal Medicine Physician
-
Wappi Aref MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.95M
Comparable Approach
Comparable
$3.32M
Blend (final)
Blend
$2.76M
Owner & transaction history
SHAHLA & MUFDI CORPORATION
SHAHLA & MUFDI CORPORATION
Zoning & alternative use
CPD · Bonita Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.3M
+24.5%
Neighborhood: shopping center
$3.6M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,195,000
6.5%
$2,950,000
7%
$2,740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,440,000
Current use
RETAIL STORES
$4,285,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,575,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$2,990,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±10%
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
$264 / 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
$21,966
Tax year 2023
Assessed value
$2,157,398
Assessed 2023
Previous assessed
$1,510,478
+42.8% YoY
Effective rate
1.02%
On assessed value
Assessed land
$846,570
Assessed improvement
$1,310,828
Land market value
$846,570
Improvement market value
$1,310,828
Total market value
$2,157,398
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
10,465 SF
Lot
1.1 ac (47,818 SF)
Zoning code
CPD
APN
28-47-25-B3-04600.0010
UPID
US18-3396261
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
OFFICE BUILDING Current
Est. value
$3.4M
RETAIL STORES
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.0M
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
SHAHLA & MUFDI CORPORATION
Individual
Free & Clear · 0 yrs held
Mailing address
8800 TERRENE CT STE #102, BONITA SPRINGS, FL 34135-9530
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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