24520 Production CirBonita Springs, FL 34135

  • Office buildings
  • 17,820 SF
For Lease
$15/SF/YR View listing

Property Details for 24520 Production Cir

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.01 AC
Property size (Sq ft)
17,820 SF
Zone code
IL
Property type
Office buildings
APN
16-47-25-B3-00500.0010
APU
164725B3005000010

Description

Vogue Plaza, located at 24520 Production Cir, Bonita Springs, FL 34135, offers exceptional office space in a meticulously maintained plaza. This single-story, 19,092 square foot building sits on a 2.01-acre lot and was constructed in 1998. The property is zoned CG and is conveniently situated on US 41, across from Pelican Landing in a prosperous area of Bonita Springs, Lee County. Two available suites provide flexible options for businesses of varying sizes. Unit 2 encompasses 2,339 square feet and features an open workspace, three private offices, a conference area, storage, and a kitchen/breakroom. Unit 3 offers a more expansive 3,375 square feet, including an open workspace, twelve private offices, two conference rooms, and a kitchen/breakroom. This property presents a unique opportunity to establish a presence in a high-demand location with excellent visibility and access. The building's single-story design provides easy navigation and accessibility. The property's location offers convenient access to major roadways and a variety of amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,726,936
    6.5%
    $4,363,326
    7%
    $4,051,659
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,574,863
    Geo Method
    $5,264,384
  • Alternative Use

    Use
    Valuation
    Residential
    $5,410,524
    Hospitality
    $4,956,010
    Educational
    $4,123,342
    Medical
    $4,265,150
    Retail
    $6,414,088

Location Insight

City
Bonita Springs
County
Lee
State
Florida
Latitude
26.3829
Longitude
-81.8074
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
$29,107
$1,257,730
$1,769,196
$3,026,926
-
$1,257,730
$1,769,196
$3,026,926

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