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    305 1St St Immokalee, FL 34142

    For Sale
    $700,000

    High-traffic C-4 zoned lot, ideal for various uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This Immokalee commercial property, located at 305 1st St S, offers a fantastic opportunity for business owners. The property encompasses approximately 0.5 acres (combining 301 S 1st ST and 305 S 1st ST), featuring a building with roughly 1440 square feet of climate-controlled space. Previously utilized as a convenience store/cafeteria, the property boasts recent renovations completed in late 2020 and early 2021. These upgrades include fresh interior paint, new flooring, a modern water heater, updated bathrooms, and an improved lighting system. The property is zoned C-4, allowing for a variety of commercial uses, including the possibility of developing a hotel or motel. The property is available for immediate occupancy and is being offered for sale at $700,000 or for lease at $3,500 per month with a 5-year lease term and a 5% annual rent increase. Seller financing is available with a 40% down payment and a 5-year interest-only balloon loan. This high-traffic location presents a unique opportunity for a variety of businesses seeking a well-maintained and recently updated space in a thriving commercial area. A virtual tour is available for viewing.

    Property Features for 305 1St St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Dental Office Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Immokalee
    County
    Collier
    State
    Florida
    Longitude
    -81.41756
    Latitude
    26.41466

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic C-4 zoned lot, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 305 1St St Immokalee, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    (239) 463-0110
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    305 1St St Immokalee, FL 34142
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    Immokalee, FL 34142
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    Realmo Value Estimation

    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.

    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.

    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
    305 1St St Immokalee, FL 34142
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