Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2843 Fl-80 LaBelle, FL 33935

    • Land
    • 31.70 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2843 Fl-80

    Lot size
    31.70 lot acres
    Property type
    Land

    Description

    This exceptional 31.7-acre development site in Hendry County, Florida, presents a unique investment opportunity. Located at 2843 FL-80 in LaBelle (zip code 33935), this property boasts a desirable location at the entrance to the Port of LaBelle Marina, directly adjacent to the Florida Intercoastal Waterway. The parcel is beautifully cleared and offers significant frontage: approximately 984 square feet on State Road 80 and 793 square feet on Birchwood Parkway. Its APN is 4-29-43-02-A00-0003.0000. The permitted zoning is Leisure Recreation, making it ideal for a mixed-use development, subject to approval from Hendry County. This property's strategic location offers easy access to downtown LaBelle, just minutes away. The potential for expansion exists, as the site could be combined with an adjacent 31-acre parcel (not included in this listing) to create a substantial development with approximately 1,394 square feet of frontage on SR 80. The asking price for this exceptional property is $1,650,000. This is a rare opportunity to acquire a large, strategically located parcel with significant development potential in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    LaBelle
    County
    Hendry
    State
    Florida
    Longitude
    -81.3922
    Latitude
    26.7654

    Comparable in this City

    • Value Estimation by Request
      1.29 Acres

      Main St

      Land • 1.29 Acres
      0 Main St, LaBelle, FL 33935
      View Details
    • Value Estimation by Request
      0.11 Acres

      Gray Eagle Pkwy

      Land • 0.11 Acres
      0 Gray Eagle Pkwy, LaBelle, FL 33935
      View Details
    • Value Estimation by Request
      39.18 Acres

      3495 Co Rd 731

      Land • 39.18 Acres
      3495 Co Rd 731, LaBelle, FL 33935
      View Details
    • Value Estimation by Request
      6.60 Acres

      Hickpochee Ave

      Land • 6.60 Acres
      0 Hickpochee Ave, LaBelle, FL 33935
      View Details
    • Value Estimation by Request
      0.23 Acres

      407 Battersea Cir

      Land • 0.23 Acres
      407 Battersea Cir, LaBelle, FL 33935
      View Details
    • Value Estimation by Request
      232.00 Acres

      2897 Fl-80

      Industrial land • 232.00 Acres
      2897 Fl-80, LaBelle, FL 33935
      View Details

    Similar Nearby for Sale

    • $15,000,000
      500.44 Acres

      500-Acre Florida Land Development

      Prime agricultural land, future residential
      3250 River Rd, Fort Denaud, FL 33935
      View Details
    • $4,000,000
      84.64 Acres

      LaBelle, FL Development Land

      84 Acres, Prime Location, High Demand
      2830 Murray Rd, LaBelle, FL 33935
      View Details
    • $1,800,000
      28.00 Acres

      LaBelle Commercial Land - 28 Acres

      Prime Commercial Land, Future Development Potential
      3115 County Road 731, LaBelle, FL 33935
      View Details
    • $185,500

      Vacant Lots in Port Labelle

      Seven vacant lots for sale in Port Labelle unit.
      1134 Banner Dr, Labelle, FL 33935
      View Details
    • $78,000

      Quarter Acre Land in LaBelle

      Land with canal view in quiet Wheeler Estates neighborhood.
      7501 2 Pl, Labelle, FL 33935
      View Details
    • Contact for pricing

      Land Available for Sale

      Land available for sale in LaBelle, Florida.
      217 Nautilus Ave, Labelle, FL 33935
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2843 Fl-80
    LaBelle, FL 33935
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.