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    1620 Fl-29 Labelle, FL

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    For Sale
    $12,000,000

    Land suitable for airport-related uses with AG exemption.

    Lot size:
    101.40 Acres

    Property Features for 1620 Fl-29

    General Information

    Lot size
    101.40 Acres
    Source: Moodyscre

    Listing Agent: Fred Burson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Agricultural Land with Airport Frontage

    This property is currently used for cattle grazing and benefits from an agricultural exemption. It features frontage on State Road 29 South and also fronts the LaBelle Airport Runway. The property is suitable for airport-related uses. It is characterized as high and dry land with no wetlands.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Labelle
    County
    Hendry
    State
    Florida
    Longitude
    -81.6547611
    Latitude
    26.6073587

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    FAQs

    What type of property is this?
    Land - Land suitable for airport-related uses with AG exemption.
    Where is this land located?
    The property is located at 1620 Fl-29 Labelle, FL.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Frontage on LaBelle Airport Runway: Ideal for airport-related businesses.; - AG Exemption: Currently used for cattle, offering potential tax benefits.; - Frontage on SR 29 South: Provides excellent road access and visibility.
    (239) 425-6024
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    1620 Fl-29 Labelle, FL
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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

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    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
    1620 Fl-29 Labelle, FL
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