Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (239) 333-2411
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Sale

    Listings

    For Sale (20)

    View map
    Residential Lot in Port LaBelle
    Contact for pricing
    0.23 Acres

    Residential Lot in Port LaBelle

    Cleared 0.23-acre homesite in established LaBelle community.

    3019 NW Beechwood Cir, Labelle, FL 33935
    View details
    Residential Lot in 55+ Community
    $65,000
    0.04 Acres

    Residential Lot in 55+ Community

    Residential lot in a 55+ community with many amenities.

    19681 Summerlin Rd C-359, Fort Myers, FL 33908
    View details
    Refined Marina Slip in Fort Myers
    $160,000

    Refined Marina Slip in Fort Myers

    38' boat slip with Intracoastal access and sunset views.

    I-10 Gulf Harbour Marina, Fort Myers, FL 33908
    View details
    Fort Myers Land Listing
    $62,000
    0.04 Acres

    Fort Myers Land Listing

    Land in a 55+ community with new electric.

    19681 Summerlin Rd, Fort Myers, FL 33908
    View details
    Commercial Land in Cape Coral
    $120,000
    0.27 Acres

    Commercial Land in Cape Coral

    Commercial land in a rapidly expanding area, suitable for development.

    1001 SW 4Th Ter, Cape Coral, FL 33991
    View details
    Deep-Water Slip in Prestigious Marina
    $215,000

    Deep-Water Slip in Prestigious Marina

    50' deep-water slip with Intracoastal and Gulf access.

    50' Boat, Fort Myers, FL 33908
    View details
    Fort Myers Land For Sale
    $62,900
    0.04 Acres

    Fort Myers Land For Sale

    Own your lot in a 55+ Fort Myers community.

    19681 Summerlin Rd C-358, Fort Myers, FL 33908
    View details
    Land in 55+ Community
    $64,900
    0.04 Acres

    Land in 55+ Community

    Land with amenities in a 55+ Fort Myers community.

    19681 Summerlin Rd F-88, Fort Myers, FL 33908
    View details
    Fort Myers Beach Vacant Land
    $1,500,000
    0.42 Acres

    Fort Myers Beach Vacant Land

    Vacant lot near the beach, ideal for building or investment.

    7902 Estero Blvd, Fort Myers Beach, FL 33931
    View details
    Cape Coral Commercial Land Opportunity
    $60,000
    0.24 Acres

    Cape Coral Commercial Land Opportunity

    Commercial land in a rapidly expanding Cape Coral neighborhood.

    1511 Skyline Blvd, Cape Coral, FL 33991
    View details
    Luxury Motorcoach Resort Property
    $479,900
    840 SF

    Luxury Motorcoach Resort Property

    Turn-key property with private cabana in gated resort community.

    13619 Golden Palms Cir, Fort Myers, FL 33913
    View details
    48' Deep-Water Boat Slip
    $210,000

    48' Deep-Water Boat Slip

    Approved variance accommodates vessels up to 51'7" with 17.5' maximum beam at Gulf Harbour Marina.

    G-5 Gulf Harbour Marina, Fort Myers, FL 33908
    View details
    Premium Yacht Slip in Fort Myers
    $220,000

    Premium Yacht Slip in Fort Myers

    50' deep-water slip with Intracoastal access, near Gulf of Mexico.

    50' Boat, Fort Myers, FL 33908
    View details
    Spacious Corner Lot in Alva
    $229,000
    0.96 Acres

    Spacious Corner Lot in Alva

    Corner lot in Riverwind Cove, perfect for custom home.

    18150 Riverwind Dr, Alva, FL 33920
    View details
    Homesite in 55+ Community
    $36,000
    0.11 Acres

    Homesite in 55+ Community

    Homesite in a vibrant 55+ community with amenities.

    13680 Dowitcher Dr, Fort Myers, FL 33908
    View details
    60' Yacht Slip Opportunity
    $460,000

    60' Yacht Slip Opportunity

    Premier yacht slip in prestigious Gulf Harbour Marina.

    B-7 Gulf Harbour Marina, Fort Myers, FL 33908
    View details
    Cape Coral Land For Sale
    $65,000
    0.23 Acres

    Cape Coral Land For Sale

    Residential lot in Northeast Cape Coral, not in flood zone.

    2616 NE 5Th Ave, Cape Coral, FL 33909
    View details
    Vacant Lot in 55+ Community
    $71,000
    0.04 Acres

    Vacant Lot in 55+ Community

    Vacant lot ready for RV or manufactured home near beaches.

    19681 Summerlin Rd, Fort Myers, FL 33908
    View details
    Fort Myers Townhouse with Courtyard
    Contact for pricing
    1,722 SF

    Fort Myers Townhouse with Courtyard

    Spacious 3-bedroom townhouse in Parkwoods community, Fort Myers.

    4029 Sandlewood Ln, Fort Myers, FL 33907
    View details
    Land Available in Lee County
    $62,900

    Land Available in Lee County

    Land for sale in Lee County, Florida.

    19681 Summerlin Rd C-358, Fort Myers, FL 33908
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    John R Wood Properties - University Dr
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    John R Wood Properties - University Dr
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!