Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    375 Hendry Isles Blvd Clewiston, FL 33440

    Sponsored
    For Sale
    $725,000

    Prime farmland near Clewiston, zoned A2. High growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    402
    This exceptional 34-acre agricultural property is situated between Clewiston and LaBelle, Florida, offering a unique blend of established utility and future development potential. Currently zoned A2, this land presents diverse agricultural opportunities, ideal for farming or ranching operations. The property boasts readily available electricity and high-speed internet access, ensuring modern operational convenience. Its strategic location near the planned Airglades Airport positions this land for significant future appreciation, making it an attractive investment opportunity. The address is 375 Hendry Isles Blvd, Clewiston, FL 33440, within Hendry County. The asking price for this expansive parcel is $725,000. This is a rare chance to acquire a substantial piece of South Florida land with both immediate agricultural utility and long-term growth prospects. Don't miss this chance to own a piece of Florida's agricultural heartland.

    Property Features for 375 Hendry Isles Blvd

    General Information

    Property type
    Farms

    We can help!

    Listing Contact
    Nicole Tyrrell

    Learn more

    HighLights

    • $725,000 asking price for 34 acres of agricultural land.
    • Located in Clewiston, FL, Hendry County, 33440, near LaBelle.
    • A2 zoning allows for agricultural uses.
    • Utilities include electricity and high‑speed internet.
    • Proximity to the proposed Airglades Airport offers significant future development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Bar & Pub Convenience Store Shopping Mall Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clewiston
    County
    Hendry
    State
    Florida
    Longitude
    -81.2075366
    Latitude
    26.7585608

    Nearby Similar for Sale

    • $685,000

      Commercial Building on US Hwy 27

      5000+ SF mixed-use building with high visibility on US Hwy 27.
      225 E Ventura Ave, Clewiston, FL 33440
      View Details
    • $975,000
      1,248 SF

      15-Acre Ranch on US Hwy 27

      15-acre ranch in Clewiston, zoned for agriculture and home sites.
      9993 W Us Highway 27, Clewiston, FL 33440
      View Details
    • $11,500,000
      33.14 Acres

      33.14 Acre Cold-Chain Logistics Site

      33.14 acre site ideal for cold-chain and logistics.
      15877 E Sr 80, Clewiston, FL 33440
      View Details
    • $349,900
      7.42 Acres

      Secluded Land with Mobile Home

      7.43 acres with mobile home near Clewiston, Florida.
      1980 Al Don Farming Rd, Clewiston, FL 33440
      View Details
    • New
      $4,400,000
      74,058 SF

      Restored Hotel in Clewiston, Florida

      Charming 57-room hotel in Clewiston, near Lake Okeechobee.
      108 Royal Palm Ave, Clewiston, FL 33440
      View Details
    • $980,250
      13.07 Acres

      Highway Frontage Clewiston Land

      13 acres on Hwy 27, currently a nursery.
      50395 Corkscrew Blvd, Clewiston, FL 33440
      View Details
    • $1,800,000

      Turnkey Tilapia Fish Farm

      13.72-acre Tilapia fish farm with infrastructure and fish inventory.
      Confidential, Clewiston, FL 33440
      View Details
    • $1,400,000

      Profitable Tilapia Fish Farm Business

      Operational Tilapia Fish Farm on 13.72 acres for sale.
      Confidential, Clewiston, FL 33440
      View Details
    • $1,200,000

      Turnkey Tilapia Fish Farm

      Turnkey Tilapia fish farm on 13.75 acres in Clewiston, Florida.
      Confidential, Clewiston, FL 33440
      View Details
    • $1,500,000

      Farmhouse on 5 Acres

      4-bedroom, 3-bath farmhouse on 5 acres in Clewiston, FL.
      842 Hunting Club Ave, Clewiston, FL 33440
      View Details
    • $10,000,000

      126-Unit HAP-Assisted Apartment Complex

      Fully HAP-assisted 126-unit apartment complex in Clewiston, Florida.
      700 Harlem Tenants Cir, Clewiston, FL 33440
      View Details
    • $499,000

      Palm Beach County Development Opportunity

      Five-acre property suitable for farming and recreational use.
      80 State Rd Miami Canal Rd, Clewiston, FL 33440
      View Details

    FAQs

    What type of property is this?
    Farm - Prime farmland near Clewiston, zoned A2. High growth potential.
    Where is this farm located?
    The property is located at 375 Hendry Isles Blvd Clewiston, FL.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: $725,000 asking price for 34 acres of agricultural land.; Located in Clewiston, FL, Hendry County, 33440, near LaBelle.; A2 zoning allows for agricultural uses.
    Request Owner's contact information
    375 Hendry Isles Blvd Clewiston, FL 33440
    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.
    375 Hendry Isles Blvd
    Clewiston, FL 33440
    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
    375 Hendry Isles Blvd Clewiston, FL 33440
    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

    We can help!
    Listing Contact
    Nicole Tyrrell
    Real Estate License ID: 3475644
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.