Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    21900 Fl-82 Fort Myers, FL 33913
    Back to Search
    Property profile & analytics

    21900 Fl-82, Fort Myers, FL 33913

    View on Map
    • Land
    • 91.77 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 21900 Fl-82

    Lot size
    91.77 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 91.77-acre property in Lee County, Florida, presents a compelling investment opportunity. Located in Fort Myers (zip code 33913) at 21900 FL-82, this AG-2 zoned land boasts a strategic location within a thriving mixed-use development corridor, directly south of Lehigh Acres (est. population 123,751). The property's high visibility and accessibility are further enhanced by its proximity to the approved Kingston project, encompassing up to 10,000 residential units, 700,000 square feet of commercial space, and 240 hotel rooms. Currently featuring a single-family home (built 2004, renovated 2014) with approximately 2,007 square feet of living space, three bedrooms, and two bathrooms, situated on a private lake and used as a ski school. Additional structures include a roughly 3,200 square foot clubhouse with panoramic lake views and a 600 square foot pro shop, a storage barn, a studio, and an office. This unique offering combines existing infrastructure with immense future development potential, making it an ideal acquisition for a single owner or developer seeking to capitalize on Southwest Florida's robust growth. The APN is 34-45-27-00-00001.0000. Asking price is $6,600,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.5964
    Latitude
    26.5193

    Comparable in this City

    • Value Estimation by Request

      20011 Fl-82

      Land
      20011 Fl-82, Fort Myers, FL 33913
      View Details
    • Value Estimation by Request
      2.00 Acres

      Treeline Ave

      Land
      0 Treeline Ave, Fort Myers, FL 33913
      View Details
    • Value Estimation by Request
      3.56 Acres

      Treeline Ave

      Land
      0 Treeline Ave, Fort Myers, FL 33913
      View Details
    • Value Estimation by Request
      12.76 Acres

      Treeline Ave & Bradmore Rd

      Land
      0 Treeline Ave & Bradmore Rd, Fort Myers, FL 33913
      View Details
    • Value Estimation by Request
      3.56 Acres

      13655 Treeline Ave

      Land
      13655 Treeline Ave, Fort Myers, FL 33913
      View Details
    • Value Estimation by Request
      1.72 Acres

      13550 Intrepid Ln

      Land
      13550 Intrepid Ln, Fort Myers, FL 33913
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,920 SF

      Equestrian Estate with Apple Grove

      6+ acre equestrian estate with commercial sugar apple grove.
      23660 Tinas Ln, Fort Myers, FL 33913
      View Details
    • New
      $2,000,000
      35.00 Acres

      Fort Myers Acreage Farm Land

      35+ acre family farm near Alico Rd in Fort Myers.
      17341 Balfour Ter, Fort Myers, FL 33913
      View Details
    • $239,900
      6.00 Acres

      6-Acre Fort Myers AG-2 Property

      6-acre AG-2 zoned property offers freedom and space.
      23345 Tinas Ln, Fort Myers, FL 33913
      View Details
    • $89,000

      Land Near I-75 and SR-82

      Land located east of I-75 and south of SR-82.
      1127 Briarcliffe St, Fort Myers, FL 33913
      View Details
    • $889,000

      Land For Sale

      Land available on Mallard Lane, Fort Myers.
      15501 S Mallard Ln, Fort Myers, FL 33913
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Rent Fort Myers

      Land available for rent in Fort Myers, Florida.
      15220 Treeline Ave S, Fort Myers, FL 33913
      View Details
    • Contact for pricing

      Stand-Alone Facility Available For Lease

      25,000 SF stand-alone facility for lease, completion March 2022.
      14660 Tarmac Ct, Fort Myers, FL 33913
      View Details
    • Contact for pricing

      Land for Lease

      Land available for outside storage use.
      13550 Intrepid Ln, Fort Myers, FL 33913
      View Details
    • Contact for pricing

      Gulf Coast Town Center Outparcel

      Commercial land for rent in Gulf Coast Town Center.
      17820 Ben Hill Griffin Pkwy, Fort Myers, FL 33913
      View Details
    • Contact for pricing

      Fenced Industrial Outdoor Storage Site

      Secure, fenced industrial outdoor storage site near Southwest Florida Airport.
      14660 Tarmac Ct, Fort Myers, FL 33913
      View Details
    • $17 SF/Yr
      33,058 SF

      Industrial Land Near Airport

      5.26 AC industrial land for lease near RSW Airport.
      13770 Jetport Commerce Pkwy, Fort Myers, FL 33913
      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.
    21900 Fl-82
    Fort Myers, FL 33913
    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

    Thank You for Inquiry
    21900 Fl-82, Fort Myers, FL, 33913
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!