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Land in Bonita Springs, FL
For Sale
$300,000

Cutting Horse Ln lot 801A, Bonita Springs, FL 34135

Land, BONITA SPRINGS, FL

Property Size2,014 SF
Lot Size2.56 Acres
Price / SF$148.96
Days on Market231

Property Features for Cutting Horse Ln lot 801A

General Information

Property type Land
Property subtype Other
Zoning AG-2
Subdivision BONITA FARMS
Lot features Oversize
Directions I-75 SOUTH TO BONITA BH RD..MAKE LEFT..THEN ANOTHER LEFT TO BONITA GRANDE DR...LEFT ON E TERRY ST..RIGHT ON MORTON AVE..LEFT ONTO SUNCREST WHICH BECOMES CUTTING HORSE RD
Standard status Active
APN 30-47-26-B1-00001.801A
Lot size 2.56 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 1/2 OF N 1/2 OF SW 1/4 OF NW 1/4 OF NW 1/4 DESC OR 1825 PG 3081
Tax Annual Amount 2183
Legal Description E 1/2 OF N 1/2 OF SW 1/4 OF NW 1/4 OF NW 1/4 DESC OR 1825 PG 3081

Utilities

Utilities Electricity Available
Sewer type Septic Tank
Listing Agency: John R Wood Properties
Listed By: Garren E Grup · License #FLORIDASL3048160
Added: Feb 20 Changed: Aug 22 Last Checked: Oct 9 at 12:06AM
MLS# 226010386

Copyright © 2026 Coconut Coast Organization of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two separate sites are available. One site, identified as #30-47-26-B1-00001.8020 at 26118 Cutting Horse Lane, spans 5 acres and includes a 2,014 square foot home. The adjacent site, identified as #30-47-26-B1-00001.801A, comprises 2.50 acres. The properties are zoned for agricultural use (AG-2) and are located in Bonita Springs, FL.

Key Highlights

  • Two separate sites totaling 7.5 acres
  • Zoned Agriculture
  • Includes a 2,014 sq. ft. 2/2 home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,704
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,080 $494.1K
Cap Rate 7%
$352,914 $352.9K
Cap Rate 9%
$274,489 $274.5K
Market Conditions
NOI Build-Up for 2,014 SF
Gross rent
$46.9K $23.28/SF
− Vacancy
−$2.0K −$0.98/SF
EGI
$44.9K $22.30/SF
− OpEx
−$20.2K −$10.04/SF
NOI
$24.7K $12.27/SF
Area
Lee County, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,080
Cap Rate 7%
$352,914
Cap Rate 9%
$274,489

Alternative Uses

Best Use
Apartment 5plus
$352.9K
$308.8K – $411.7K (±1% cap)
NOI $24,704 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$633.9K
$554.7K – $739.5K (±1% cap)
NOI $44,372 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Single family properties

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 34135, FL

45,518
Population
30,904
Households
1.5
Avg Household Size
60
Median Age
39%
College-Educated
88%
High-School Grad
61.8 sq mi
ZIP Area
737
Density / Sq Mi
$86,731
Median Household Income
$37,952
Median Earnings
$1,790
Median Rent
$419,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Two adjacent agricultural sites totaling 7.5 acres in Bonita Springs.
Where is this agricultural land / farmland located?
The property is located at Cutting Horse Ln lot 801A Bonita Springs, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two separate sites totaling 7.5 acres; Zoned Agriculture; Includes a **2,014 sq. ft. 2/2 home**
More about this property
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