8800 Terrene CtBonita Springs, FL 34135

Property Details for 8800 Terrene Ct

Year built

2000

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.10 AC

Property size (Sq ft)

10,465 SF

Zone code

CPD

Property type

Office properties

Property subtype

Office buildings

APN

28-47-25-B3-04600.0010

APU

284725B3046000010

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,775,948

  6.5%

  $2,562,413

  7%

  $2,379,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,099,379

  Geo Method

  $3,652,811

• Alternative Use

  Use

  Valuation

  Residential

  $3,177,392

  Hospitality

  $2,910,474

  Educational

  $2,421,480

  Medical

  $2,504,759

  Retail

  $3,766,747

Location Insight

City

Bonita Springs

County

Lee

State

Florida

Latitude

26.3535

Longitude

-81.8071

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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