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    Pne Rdg Rd & Logan Blvd Trumansburdg, NY 34116

    Sponsored
    For Sale
    $4,400,000

    4.78 Acres, High-Traffic Intersection

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 4.78-acre commercial and residential land assemblage is ideally located at the highly visible, signalized intersection of Pine Ridge Road and Logan Boulevard South in Naples, Florida. Boasting nearly 70,000 vehicles daily, this property offers unparalleled access and visibility from three road frontages: Pine Ridge Road, Logan Boulevard South, and Boxwood Way. Currently zoned E (Estate District), the property presents significant development potential, subject to amending the Golden Gate Area Master Plan (GGAMP). Permitted uses include, but are not limited to, Assisted Living Facilities (ALFs), places of worship, schools, and nursing homes. Alternative uses, such as commercial developments (gas station, car wash, drug store, retail center), are also possible, contingent upon rezoning and GGAMP amendments. Adding to the investment appeal, Lot 2 encompasses a 1,760 square foot, three-bedroom, two-bathroom pool home built in 1989, currently leased for $3,700 per month gross rent until May 21, 2024. The property's APN is Lot 1: 38391240004 & Lot 2: 38391320005. The asking price is $4,400,000.

    Property Features for 0 Pne Rdg Rd & Logan Blvd

    General Information

    Property type
    Land
    Lot Size
    208,217 SF

    HighLights

    • High‑traffic, signalized intersection.
    • Excellent visibility and accessibility from triple road frontage.
    • Flexible zoning allows for multiple uses (subject to approvals).
    • Lot 2 features a pool home generating $3,700 monthly gross rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Trumansburdg
    County
    Collier
    State
    New York
    Longitude
    -81.71780811424
    Latitude
    26.211747089189

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    FAQs

    What type of property is this?
    Land - 4.78 Acres, High-Traffic Intersection
    Where is this land located?
    The property is located at Pne Rdg Rd & Logan Blvd Trumansburdg, NY.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: High-traffic, signalized intersection.; Excellent visibility and accessibility from triple road frontage.; Flexible zoning allows for multiple uses (subject to approvals).
    Request Owner's contact information
    Pne Rdg Rd & Logan Blvd Trumansburdg, NY 34116
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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
    Pne Rdg Rd & Logan Blvd Trumansburdg, NY 34116
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