Property summary
This exceptional 22.09-acre property in Alva, Florida, presents a unique investment opportunity. Located at the southeast corner of Palm Beach Boulevard (SR-80) and Joel Boulevard, this strategically positioned land boasts a signalized intersection with significant frontage along SR-80, a major thoroughfare with a daily traffic count of 27,000 vehicles. Currently zoned AG-2, the property is ripe for rezoning and development, offering diverse potential uses. Proposed uses include a convenience store/gas station, fast-food restaurant, retail space, a manufactured homes/mobile home park, a religious facility, or self-storage. The asking price is $2,700,000, translating to $122,227.25 per acre. This land offers high visibility and accessibility, making it an attractive prospect for investors seeking a high-traffic location in a growing area. The address is 2868-2870 Joel Boulevard, Alva, FL 33920. This is a rare opportunity to acquire a substantial parcel of land with significant development potential in a desirable Lee County location. Don't miss this chance to capitalize on the growth and potential of this prime real estate.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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