Property profile

0 Corkscrew Blvd Clewiston, FL 33440

OFF-MARKET
Land
28.48 ac lot
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Property summary

AI-generated overview

This exceptional 28.48-acre agricultural property, located in Clewiston, Florida, presents a unique investment opportunity. Situated on US Highway 27, this land boasts high visibility and accessibility with a daily traffic count of 20,500 vehicles. Currently being converted into a thriving sod farm, the property features rich, organic muck soil ideal for cultivation. Existing infrastructure includes on-site irrigation and pumping systems, simplifying operations. Zoned for AG Production (Land Use Code 6900), this property offers significant potential for continued agricultural use. The location is further enhanced by its designation as a Qualified Opportunity Zone under IRS Code, providing potential tax advantages. While there is currently no direct access onto the farm, nearby Corkscrew Boulevard offers home sites with readily available electricity and municipal water, presenting the possibility of developing a private residence. Recreational opportunities abound nearby at John Stretch Park, offering access to Lake Okeechobee for hiking, biking, and picnicking. The asking price is $1,800,000, translating to $63,200 per acre. The Palm Beach County location, with its APN 00364406000003020, ensures clear title and straightforward transaction. This rare opportunity combines prime agricultural land with strategic location and potential for future development.

Property profile

Verified
Property type Land
Lot 28.48 ac (1,240,589 SF)

Cap rate & NOI

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

Location

Corkscrew Blvd Clewiston, FL 33440
Clewiston metro
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Value estimations

Realmo proprietary · 4 methods
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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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