Exceptional 30-acre agricultural land parcel in LaBelle, Florida, strategically located on West State Road 80. Boasting over 1,100 feet of road frontage, this property enjoys a high-visibility position between Walmart and the new O'Reilly Auto Parts store. Its proximity to key infrastructure, including the Helms Road Extension, Tractor Supply, and a major intersection at SR 80 W, Cowboy Way, and Fort Denaud Road, further enhances its appeal. Currently zoned Agricultural, this land benefits from low property taxes (2021 taxes: $1,340.21), a feature that persists even after annexation, provided agricultural use continues. The seller is open to dividing the property, potentially creating retail/professional/medical space along West SR 80 and multifamily/senior citizen/workforce housing on the remaining acreage. Active collaboration with buyers is offered to secure a Planned Unit Development. The property offers flexibility; it can be annexed into the City of LaBelle for convenient utility access or remain in the county, depending on the intended development. This presents a unique opportunity for investors seeking a high-growth location with significant development potential. The asking price is $3,250,000, with a land value of $2.49 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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