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Property profile & analytics
OFF-MARKET
Land

1842 Merchant Cir Lehigh Acres, FL 33972

0.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.24-acre residential lot is located at 1842 Merchant Cir, Lehigh Acres, FL 33972, in Lee County. Priced affordably at $20,000, this property presents a fantastic opportunity for building a single-family home. The land is conveniently situated within the desirable Lehigh Acres community, offering a peaceful setting while still being close to local amenities. The lot's size provides ample space for a comfortable home and landscaping. This is a prime location for those seeking to build their dream home in sunny Florida. Note that the seller owns two additional lots, making a package deal a possibility. This presents a unique opportunity for investors or those looking to build multiple homes. The property's coordinates are 26.674700984698404 latitude and -81.65426269910212 longitude. Don't miss out on this chance to own a piece of Florida real estate and begin your building project. Act quickly, as this property is expected to sell fast.

Property profile
Verified
Property type Land
Lot 0.24 ac (10,454 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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