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

    lot 16-N Clewiston, FL 33440

    View on Map
    Claim this Listing
    Picture of Land at lot 16-N, Clewiston, FL
    For Sale
    $380,000

    LAND - FL

    Added:
    Aug 11, 2024
    Days on Market:
    618
    Last Refresh:
    Apr 20 at 4:06 am

    Property Features for lot 16-N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-31-43-35-A00-0001.0100

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    BEG NE COR SEC 35-S 01 DEG 49M 10S W 1540.57 FT TO POB-CONT 436.95 FT- W 1320 FT-S 330 FT-W 1650 FT TO NW COR OF BLK F LOT 16-N 01 DEG 54M 35S E 60.46 FT-N 77 DEG 21M 51S E 3088.65 FT TO POB 18.5 AC
    Tax Annual Amount
    1513

    We can help!

    Listing Contact
    Chan Seelochan

    Listing agent Chan Seelochan

    Listing office Florida Global Professional 10915 Bonita Beach Rd., Bonita Springs, FL

    Listing date Aug 11, 2024

    MLS# 224066857 Listing URL

    Copyright © 2026 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Quiet Hendry County

    This land is located in a quiet area within Hendry County, Florida. Prospective buyers are encouraged to conduct their own due diligence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Clewiston
    County
    Hendry
    State
    Florida
    Longitude
    -80.9492
    Latitude
    26.466

    Nearby Similar for Sale

    • $1,000,000

      Corner Retail Land in Clewiston

      Corner commercial land for sale in Clewiston, Florida.
      441 W Sugarland Hwy, Clewiston, FL 33440
      View Details
    • $49,999

      Land in Montura Ranch Estates

      1.25 acres in a sought-after rural community.
      335 S Kennel Street, Clewiston, FL 33440
      View Details
    • $80,000

      Corner Lot in Montura Ranches

      1.02 acre corner lot with fencing and driveway.
      783 PINE CONE Avenue, Montura Ranches, FL 33440
      View Details
    • $49,999

      Land in Montura Ranch Estates

      1.25 acres in a sought-after rural community.
      345 S Kennel Street, Clewiston, FL 33440
      View Details
    • $777,777

      Agricultural Estate with Income Potential

      15.688-acre estate with agricultural use and income potential.
      4850 Pioneer 2nd St & Pioneer 2nd St, Clewiston, FL 33440
      View Details
    • $85,000

      Residential Land in Pioneer Plantation

      2.5 acres of residential land suitable for various home types.
      801 Wildwood Avenue, Clewiston, FL 33440
      View Details
    • $50,995

      Cleared Lot in Montura Ranches

      Cleared 1.25-acre lot ready for your dream home.
      260 S Quebrada Street, Clewiston, FL 33440
      View Details
    • $42,995

      Land Near Lake Okeechobee

      1.25 acres in Montura Ranches, Clewiston, Florida.
      545 S Arboleda Street, Clewiston, FL 33440
      View Details
    • $62,000

      Land in Montura Ranches

      1.25-acre parcel in a rural, horse-friendly community.
      815 Appaloosa Avenue, Clewiston, FL 33440
      View Details
    • $89,900

      2.5 Acres in Pioneer Plantation

      2.5 acre lot in rural Clewiston, Florida community.
      1201 Homestead Avenue, Clewiston, FL 33440
      View Details
    • $45,000

      Spacious Clewiston Lot with Oaks

      1.25-acre residential lot in Clewiston, Florida, with mature trees.
      820 S Willow Street, Clewiston, FL 33440
      View Details
    • $145,000

      Corner Lot in Growing Community

      1.25-acre corner lot with new fence and paved driveway.
      648 Hunting Club Ave, Clewiston, FL 33440
      View Details

    FAQs

    What type of property is this?
    Land - Land available in a quiet area of Hendry County, Florida.
    Where is this land located?
    The property is located at lot 16-N Clewiston, FL.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: Land ownership; Located in Hendry County; Quiet area
    (239) 390-9024
    We can help!
    Listing Contact
    Chan Seelochan
    Learn More
    Request Owner's contact information
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!