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Property profile

38320 Cook Brown Rd Punta Gorda, FL 33982

OFF-MARKET
Land
349 ac lot
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Property summary

AI-generated overview

This exceptional 349-acre property in Punta Gorda, Florida, presents a unique blend of agricultural, residential, and potential commercial opportunities. The land is zoned for agricultural use, allowing for residential development and some commercial uses. The expansive acreage includes a substantial 5,300 square-foot, two-story house featuring four bedrooms, a large kitchen, living room, dining room, office, pool, and garage. A sizable barn provides ample space for horses and equipment, and a smaller apartment is also included on the property. All structures are in very good condition. The property boasts ¾ mile of frontage on Cook Brown Road and enjoys convenient proximity to the rapidly expanding Babcock Ranch development. Babcock Ranch offers a range of amenities including a charter school, Publix supermarket, golf course, restaurants, shopping, and hundreds of new homes. This location provides a tranquil country atmosphere while remaining close to urban conveniences. A current cattle lease contributes to keeping property taxes low, and this lease is cancelable upon request. The asking price is $6,107,500, translating to approximately $20,000 per acre. The information provided is subject to verification and potential errors.

Property profile

Verified
Property type Land
Lot 349 ac (15,202,440 SF)

Cap rate & NOI

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

Location

38320 Cook Brown Rd Punta Gorda, FL 33982
Punta Gorda 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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