Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2Nd Ave Labelle, FL 33935

    View on Map
    Sponsored
    For Sale
    $550,000

    LAND - Labelle, FL

    Lot size:
    40.00 Acres
    Days on Market:
    60
    Last Refresh:
    Mar 10 at 1:06 am

    Property Features for 2Nd Ave

    General Information

    Special listing conditions
    Auction
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Auction
    Standard status
    Active
    APN
    1-30-44-04-010-0004-003.0
    Lot size
    40.00 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Sherri Denning
    Sherri Denning

    Southern Heritage Real Estate & Investments, Inc. (863) 675-4500

    Listing agent Sherri Denning (863) 673-0829 License #258000253

    Listing date Jan 9, 2026

    MLS# 224081062 Listing URL

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    40 Acres of Prime Farmland

    This 40 +/- acre parcel of prime farmland is located in Hendry County's Gerber Groves Water District. It is one tract out of a total of 5 consecutive 40-acre tracts that are available for purchase. The seller will consider dividing, but prefers to sell tracts in 40 acres or more. These tracts all face north with a canal running directly behind the south end. Gerber Groves Water District collects fees with property taxes, and these fees go towards maintaining the farming community, including roads, canals, and water district pumps. Gerber Groves properties benefit from being part of the Gerber Groves Water Control Drainage District with water usage and drainage in place for all Gerber Grove landowners as part of the district's South Florida Water Management District agricultural subdivision permit. Gerber Groves is located south of LaBelle and north of Felda and Immokalee and is a popular farming area mixed with agricultural offices, packing houses, and homes. It is in close proximity to State Highway 29 and in a central location for moving all varieties of crops. This tract is located in the most desirable section of Gerber Groves, known as Section One. Gerber Groves offers farmland with the added benefit of a well-managed water control system. This property is positioned for efficiency and productivity, making it an investment for farmers and investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Labelle
    County
    Hendry
    State
    Florida
    Longitude
    -81.339744
    Latitude
    26.665005

    Nearby Similar for Sale

    • $999,900
      4,711 SF

      Restaurant/Bar Opportunity in Downtown LaBelle

      Restaurant and bar space for sale in fast-growing LaBelle.
      93 S Hall St, Labelle, FL 33935
      View Details
    • $1,150,000
      7,800 SF

      Prime Commercial Corner in Labelle

      Exceptional commercial property with retail, office, and warehouse space.
      575 S Main St, Labelle, FL 33935
      View Details
    • $550,000
      0.26 Acres

      LaBelle Restaurant Location For Sale

      Restaurant location in LaBelle with access from two major roadways.
      415 S Main St, Labelle, FL 33935
      View Details
    • $799,900
      0.53 Acres

      Professional Office on High Visibility Corner

      Turnkey professional office building with high visibility and accessibility.
      45 Bryan Ave, Labelle, FL 33935
      View Details
    • $550,000
      Pending

      LaBelle Heavy Industrial Property

      Heavy industrial property with metal building in LaBelle, Florida.
      109 S Industrial Loop, Labelle, FL 33935
      View Details
    • $379,000
      Pending

      Luxury Motorcoach Lot with Lake Views

      Spectacular lot with lake views and stylish coach house.
      W Riverbend Resort Blvd, Labelle, FL 33935
      View Details
    • $2,300,000
      8,000 SF

      Labelle Industrial Property with Warehouse

      4.15-acre industrial property with 8,000 sq ft warehouse.
      1525 Forestry Division Rd, Labelle, FL 33935
      View Details
    • New
      $385,000
      0.11 Acres

      Tropical Lot with River Views

      East-facing lot with lush ambiance and modern amenities in Labelle.
      31 3004, Labelle, FL 33935
      View Details
    • $350,000
      0.12 Acres

      Luxury Motorcoach Resort Lot

      Move-in ready lot in upscale motorcoach community with resort amenities.
      262 3014, Labelle, FL 33935
      View Details
    • $410,000
      Pending

      Waterfront Lot in Labelle, Florida

      Waterfront property with coach house in a resort community.
      162 3122, Labelle, FL 33935
      View Details
    • $345,000
      0.11 Acres

      Turnkey Coastal Living in Labelle

      Sun-soaked paradise with coastal vibes and luxury Class A motorcoach living.
      237 3062, Labelle, FL 33935
      View Details
    • $392,500
      0.12 Acres

      RiverBend Motorcoach Resort Coach House

      Luxury motorcoach lot with extended lanai and preserve view.
      298 3031, Labelle, FL 33935
      View Details

    FAQs

    What type of property is this?
    Farm - 40-acre farmland parcel in Hendry County's Gerber Groves Water District.
    Where is this farm located?
    The property is located at 2Nd Ave Labelle, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Seller financing available with 25% down, 8% interest, 30-year amortization, and a 5-year balloon payment.; - **40 +/- acre parcel of prime farmland** in Hendry County's Gerber Groves Water District.; - Located in Section One, the most desirable section of Gerber Groves.
    (863) 673-0829
    Request Owner's contact information
    2Nd Ave Labelle, FL 33935
    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.
    2Nd Ave
    Labelle, FL 33935
    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
    2Nd Ave Labelle, FL 33935
    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

    We can help!
    Listing Contact
    Sherri Denning
    Sherri Denning
    Real Estate License ID: 258000253
    (863) 673-0829 (863) 675-4500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!