Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land for Sale in Clewiston Title is generated by Realmo AI

    560 S Brida St, Clewiston, FL 33440

    View on Map
    Claim this Listing
    For Sale
    $60,000

    1.25 acres of land available in Clewiston, Florida.

    Type:Lots/Land
    Lot size:
    1.25 Acres
    Added:
    Oct 17, 2024
    Days on Market:
    598
    Last Refresh:
    May 19 at 10:25 pm

    Property Features for 560 S Brida St

    General Information

    Standard status
    Active
    Lot size
    1.25 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Barby Ganesh

    Listing agent Barby Ganesh License #3480216

    Listing office Real Estate and Investments Services of Florida

    Listing date Oct 17, 2024

    Source Exitrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Real Estate and Investments Services of Florida

    HighLights

    • 1.25 acres of land

    Overview

    This property features 1.25 acres of land located in Clewiston, Florida. The property is designated as land and other land and is offered for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Food Market Grocery & Convenience Store Electronics & Wireless Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clewiston
    County
    Hendry
    State
    Florida
    Longitude
    -81.1247831
    Latitude
    26.6538263

    Nearby Similar for Sale

    • $1,000,000

      Prime Corner Retail Land Available

      Corner commercial land for sale in Clewiston, Florida.
      441 W Sugarland Hwy, Clewiston, FL 33440
      View Details
    • $1,690,000
      6,115 SF

      COMMERCIAL - Clewiston, FL

      180 Basilan Cres, Clewiston, FL 33440
      View Details
    • $1,750,000
      1,120 SF

      Unique Clewiston Property with Potential

      7-acre property with residential, commercial, and recreational potential.
      2490 Hendry Isles Boulevard, Clewiston, FL
      View Details
    • $2,800,000

      Rural Residential Farm with Two Homes

      Fully fenced ranch property with two residences, a metal roof, well and septic, plus a tree farm along the south side.
      375 & 311 County Road 720, Clewiston, FL 33440
      View Details
    • $3,000,000

      Established Tilapia Fish Farm

      Profitable, operational fish farm with infrastructure and living accommodations.
      14759 Center Ave, Clewiston, FL 33440
      View Details
    • $450,000
      2,624 SF

      Downtown Clewiston Office Building

      2624 SF office building in downtown Clewiston.
      401 S W C Owen Ave, Clewiston, FL 33440
      View Details
    • $6,000,000
      13,813 SF

      Retail Space with Drive-Thru

      13,813 SF retail space on 1.92-acre corner lot.
      520 W Sugarland Hwy, Clewiston, FL 33440
      View Details
    • $780,000

      Agricultural Estate with Income Potential

      15.688-acre estate with agricultural use and residential features.
      4850 Pioneer 2nd St & Pioneer 2nd St, Clewiston, FL 33440
      View Details
    • $140,000

      Expansive Land Opportunity in Clewiston

      Large 2.5-acre lot ready for development or investment.
      165 S Olivo ST lot: 1, CLEWISTON, FL 33440
      View Details
    • $108,000

      Cleared Land in Montura Ranch

      2.5 acres of cleared land with oak trees.
      235 & 225 S Arboleda Street, Clewiston, FL 33440
      View Details
    • $200,000

      Two Acres Buildable Residential Land

      Two acres of buildable residential land near US-27.
      1848 Davidson Road, Clewiston, FL 33440
      View Details
    • $125,000

      Cleared Land Ready For Building

      2.5 acres of cleared land suitable for construction.
      500 Vero Avenue, Clewiston, FL 33440
      View Details

    FAQs

    What type of property is this?
    Land - 1.25 acres of land available in Clewiston, Florida.
    Where is this land located?
    The property is located at 560 S Brida St Clewiston, FL.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 1.25 acres of land
    (786) 898-5741
    We can help!
    Listing Contact
    Barby Ganesh
    Real Estate License ID: 3480216
    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

    Thank You for Inquiry
    560 S Brida St, Clewiston, FL 33440
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!