Technical
Financial
Distress signals
Property profile

11940 Orange River Blvd Fort Myers, FL 33905

OFF-MARKET
Land
Property ID
US18-0725855
27.86 ac lot
Individually Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional 27.86-acre property in Lee County, Florida, presents a unique dual-use opportunity. Located at 11940 Orange River Blvd, Fort Myers, FL 33905 (APN: 01-44-25-L3-00005.0000 and 01-44-25-L3-00005.0000A), this land is zoned AG-2, allowing for both agricultural and residential development. The property boasts a recently constructed (2024) pole barn, a one-acre pond, and existing graded roadways. Fencing encloses the entire perimeter and further divides sections internally. Conveniently situated 2.6 miles from I-75 (Exit 141), this location offers easy access to major roadways and amenities. Proximity to The Forum (7.1 miles), Downtown Fort Myers (8 miles), North Fort Myers (9.2 miles), Lee Memorial Hospital (9.7 miles), and Cape Coral (18.8 miles) enhances its appeal. An approved Development Order and Permit for a 17-lot single-family subdivision is already in place, providing a streamlined path to development for a residential project. Alternatively, the property is well-suited for a single-family estate. The asking price is $2,895,000. This presents a compelling investment opportunity in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 27.86 ac (1,213,582 SF)
UPID US18-0725855

Cap rate & NOI

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

Location

11940 Orange River Blvd Fort Myers, FL 33905
Fort Myers metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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