Technical
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Property profile

8500-1 Penzance Blvd Fort Myers, FL 33912

OFF-MARKET
Land
4.76 ac lot
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Property summary

AI-generated overview

This exceptional 4.76-acre property in Fort Myers, Florida, presents a unique investment opportunity. Zoned AG-2, it boasts a charming 2,160 sq ft, four-bedroom, 2.5-bathroom farmhouse with recent updates. The property's centerpiece is a state-of-the-art vertical hydroponic system utilizing 560 Verti-Gro towers, mirroring technology used at Epcot's Land pavilion. A fully operational on-site brewery adds a distinctive element. Multiple structures enhance the property's versatility: a 2,700 sq ft farmer's market pavilion, a 1,800 sq ft wedding/party pavilion, a 3,450 sq ft brewery pavilion, a 1,800 sq ft children's playground, a 500 sq ft food pavilion, and a unique selfie station. Additional amenities include a 4,876 sq ft retention pond with a covered gazebo, a cow and goat pasture (13,395 sq ft), a donkey pasture with a pole barn (4,320 sq ft), a bison pasture with a two-stall enclosure (7,810 sq ft), and a public parking lot (25,245 sq ft). Three public restrooms share a well system, septic, and drain fields, along with a 900-gallon grease trap. The farm cultivates a wide variety of crops, including various lettuces, tomatoes, beets, onions, potatoes, herbs, corn, and squash. It also offers locally sourced eggs, butter, cheese curds, dressings, chips, seasonings, and jams. The property's location in the emerging Daniels Parkway corridor, minutes from Interstate 75 and Southwest Florida International Airport, provides excellent accessibility. The farm serves as a community hub, hosting events and offering educational opportunities, including a "Grow Your Own Garden" program. Significant expansion potential exists, including opportunities for a luxury farm wedding venue, a farm-to-table restaurant, and expanded agro-tourism initiatives. The asking price is $3,999,997. An adjacent 5-acre parcel with a pool home is available separately.

Property profile

Verified
Property type Land
Lot 4.76 ac (207,346 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8500-1 Penzance Blvd Fort Myers, FL 33912
Fort Myers metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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