Property profile

0 Kam Luck Dr Naples, FL 34117

OFF-MARKET
Land
17 ac lot
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Property summary

AI-generated overview

This exceptional 17-acre property in Naples, Florida, presents a unique investment opportunity. Comprising two contiguous 8.5-acre parcels (APN: 00346520008 & 00346560000), this land is zoned Agricultural (A) and designated as Rural Fringe Mixed-Use District-Sending Lands for future land use. Located approximately 9 miles east of Collier Boulevard, in the northeast quadrant of Collier Boulevard and I-75, the property sits within the Natural Resource Protection Area Overlay. A significant advantage is the potential for 13.6 Transfer of Development Rights (TDR) credits to be severed, offering considerable development flexibility. Each 8.5-acre lot allows for the construction of one dwelling unit, subject to Collier County building codes and regulations. While access easements are available, it's important to note that currently, there is no paved road access or utilities to the property. The asking price for this expansive agricultural land is $175,000. This presents a compelling opportunity for investors seeking land with potential for future development and TDR credit utilization in a desirable Florida location. Buyers are advised to conduct their own due diligence regarding all aspects of the property, including but not limited to zoning regulations, utility availability, and development potential.

Property profile

Verified
Property type Land
Lot 17 ac (740,520 SF)

Cap rate & NOI

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

Location

Kam Luck Dr Naples, FL 34117
Naples metro
Google Maps

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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