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    2830 Murray Rd LaBelle, FL 33935

    For Sale
    $4,000,000

    84 Acres, Prime Location, High Demand

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 84-acre property in LaBelle, Florida, presents a significant development opportunity. Located on Murray Road with approximately 1,700 linear feet of frontage on State Road 80 (AADT 25,000+), it offers unparalleled access to major transportation arteries connecting Florida's east and west coasts. The A-2 zoning permits residential uses including single-family dwellings, manufactured homes, and modular homes. The property's location is strategically advantageous, situated less than half a mile from the city of LaBelle, 4.4 miles from State Road 29, 8.6 miles from State Road 78, 19.4 miles from I-75, 24.7 miles from Downtown Fort Myers, 26.5 miles from Immokalee, 30.9 miles from Babcock Ranch, and 34.5 miles from Southwest Florida International Airport (RSW). The area is experiencing robust growth, fueled by a surge in demand for affordable housing and commercial development, with several national homebuilders recently commencing projects nearby. This presents a compelling investment opportunity for developers seeking to capitalize on the region's momentum and the high demand for new residential and commercial spaces. The property's APN is 1 28 43 23 A00 0001.0000 and 1 28 43 26 A00 0003.0000. The asking price is $4,000,000. Hendry County's supportive environment for expedited development further enhances this property's appeal.

    Property Features for 2830 Murray Rd

    General Information

    Property type
    Land
    Lot Size
    3,686,918 SF

    HighLights

    • 84± acres of prime developable land.
    • 1,700± linear feet of frontage on State Road 80 (AADT 25,000+).
    • Less than half‑mile from LaBelle, with direct access to State Road 80, a major artery connecting Florida's coasts.
    • Hendry County supports expedited development.
    • High demand for affordable housing and commercial development in the area.
    • Multiple national homebuilders have started new residential projects nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    LaBelle
    County
    Hendry
    State
    Florida
    Longitude
    -81.498152
    Latitude
    26.7208694

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    FAQs

    What type of property is this?
    Land - 84 Acres, Prime Location, High Demand
    Where is this land located?
    The property is located at 2830 Murray Rd LaBelle, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 84± acres of prime developable land.; 1,700± linear feet of frontage on State Road 80 (AADT 25,000+).; Less than half-mile from LaBelle, with direct access to State Road 80, a major artery connecting Florida's coasts.
    (239) 489-4066
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    2830 Murray Rd LaBelle, FL 33935
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    LaBelle, FL 33935
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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
    2830 Murray Rd LaBelle, FL 33935
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