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OFF-MARKET
Specialty properties

0 2Nd Ave LaBelle, FL 33935

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Property summary
AI-generated overview

This exceptional 239.21-acre parcel of prime farmland presents a unique investment opportunity in Hendry County, Florida. Located on 2nd Road, La Belle, FL 33935, this property boasts significant advantages for agricultural endeavors. The seller is offering attractive financing terms, requiring only 25% down. A considerable benefit is that the seller has already cleared the land, adding a $300,000 value prior to closing. The property is ideally situated with all parcels facing north, and a canal conveniently located at the southern boundary. The land is part of the Gerber Groves Water Control Drainage District, providing established water usage and drainage infrastructure, crucial for agricultural operations. This is facilitated by the district's South Florida Water Management District agricultural subdivision permit. Gerber Groves Water District levies fees alongside property taxes, ensuring the upkeep of vital community resources such as roads, canals, and water pumps. While the seller prefers to sell in tracts of 40 acres or more, they are open to considering dividing the property. This presents flexibility for various investment strategies and scales of agricultural operations. This is a rare opportunity to acquire established, well-maintained farmland in a thriving agricultural community. The property's location, infrastructure, and financing options make it an attractive proposition for discerning investors seeking a foothold in Florida's agricultural sector.

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Property type Specialty properties
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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