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

    5303 Lake Ln Immokalee, FL 34142

    View on Map
    Sponsored
    For Sale
    $139,900

    LAND - Immokalee, FL

    Lot size:
    3.16 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 5303 Lake Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Brush
    APN
    00058400005
    Lot size
    3.16 Acres

    We can help!

    Listing Contact
    Jessica Nolan
    Jessica Nolan

    KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS (954) 295-7611

    Listing agent Jessica Nolan (239) 462-6885 License #258016835

    Listing date Mar 13, 2026

    MLS# 2026012246 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

    Spacious Homesite in Immokalee, FL

    This 3.16 acre vacant homesite is located in the growing community of Immokalee, Florida. It offers the opportunity to design and build a home. The property allows ample space for a residence, outdoor living areas, and landscaping. It is suitable for a primary residence, a seasonal escape, or a long-term investment. The surrounding area has open spaces, natural scenery, and a relaxed atmosphere. The location provides access to shopping, dining, schools, and local services, and is within driving distance of Naples and Fort Myers. Nearby opportunities exist for fishing and nature exploration. This property presents a chance to secure space and privacy while planning for the future. It offers room to grow, freedom to design, and the chance to establish a place that is uniquely your own.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Electrical Service Nursing Home Nursing Home Adult Day Care

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Immokalee
    County
    Collier
    State
    Florida
    Longitude
    -81.479002
    Latitude
    26.428826

    Nearby Similar for Sale

    • $950,000
      Pending

      Immokalee Office Building on SR 29

      Income-producing property with offices, lobby, and convenient access to major cities.
      1300 N 15Th St, Immokalee, FL 34142
      View Details
    • $1,200,000
      0.46 Acres

      Distinctive Commercial Property in Immokalee

      High-visibility commercial property suitable for retail, medical, or professional uses.
      1312 N 15Th St, Immokalee, FL 34142
      View Details
    • $4,999,500
      400,000 SF

      Turnkey Farm with Greenhouse Infrastructure

      77.92 acres of improved agricultural land with full utilities.
      6150 Pringle Ln, Immokalee, FL 34142
      View Details
    • $4,999,500
      1,200 SF

      Turnkey Farm with Extensive Infrastructure

      77.92-acre agricultural property with greenhouses, residence, and warehouse.
      6150 Pringle Ln, Immokalee, FL 34142
      View Details
    • $4,475,000
      Pending

      Immokalee Commercial Office Building For Sale

      Well-maintained commercial office building in Immokalee, Florida, with abundant parking.
      750 S 5Th St, Immokalee, FL 34142
      View Details
    • $4,475,000
      Pending

      Commercial Office Building For Sale

      Well-maintained office building with versatile layout and abundant parking.
      750 S 5Th St, Immokalee, FL 34142
      View Details
    • Contact for pricing
      5,984 SF

      Retail Space on Main Street

      Retail property for sale on Immokalee's main thoroughfare.
      1097 W Main St, Immokalee, FL 34142
      View Details
    • $1,299,000
      4,700 SF

      Immokalee Retail Building - C-5 Zoning

      Prime Immokalee retail space, owner financing available.
      106 Dixie Ave, Immokalee, FL 34142
      View Details
    • $1,750,000
      10,576 SF

      Immokalee Industrial Investment Opportunity

      10,576 SF industrial building in Immokalee, Florida for sale.
      502 New Market Rd E, Immokalee, FL 34142
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.16 acre vacant homesite in a growing Immokalee community.
    Where is this residential land & home lot located?
    The property is located at 5303 Lake Ln Immokalee, FL.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Spacious vacant homesite ideal for designing and building a custom home.; - Generous property size allows for a large residence and outdoor living.; - Convenient access to shopping, dining, schools, and local services.
    (239) 236-4350
    Request Owner's contact information
    5303 Lake Ln Immokalee, FL 34142
    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.
    5303 Lake Ln
    Immokalee, FL 34142
    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
    5303 Lake Ln Immokalee, FL 34142
    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
    Jessica Nolan
    Jessica Nolan
    Real Estate License ID: 3223347
    (239) 236-4350 (239) 462-6885 (239) 744-1944
    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!