23351 Riv Rd Alva, FL 33920-3362

Property Details for 23351 Riv Rd

Year built

1967

Construction

STEEL FRAME

Lot size

5.31 lot acres

Property size

2,040 SF

Zone code

AG-2

Property type

Warehouses

APN

13-43-27-00-01001.058C

APU

1343270001001058C

Description

This exceptional 1,997-acre agricultural property in Alva, Florida, presents a unique investment opportunity. Located in Lee County, near the Lee/Hendry County line, this transitional farmland boasts a robust infrastructure developed over years of citrus farming. Significant investments, totaling $3.5 million since 2011, have enhanced the property's drainage and irrigation systems. These improvements include interconnected ponds for irrigation, drainage, and storage, along with twenty pump stations strategically positioned to irrigate the entire acreage via designated zones. High-quality surface water is readily available, supplemented by natural recharge from the adjacent Babcock Ranch, an 80,000+ acre environmentally protected area. The property features approximately 13 miles of 12-inch water mains, ensuring efficient water distribution, complemented by a microjet irrigation system. Drainage is exceptionally well-managed, with extensive swales, reworked drainage systems, and installed drain tile. The property is part of the County Line Drainage District, a State of Florida 298 Water District, benefiting from established easements for water management. The District's infrastructure includes three 84-inch culverts, two 60-inch culverts, a 24-inch pump, and four 48-inch culverts, all contributing to efficient water flow. The property's topography features approximately 12 feet of fall from north to south, enhancing natural drainage. A perimeter berm protects against sheet flow, and a well-maintained road network facilitates access throughout the property. The asking price is $18,500,000. Subdivision possibilities exist, with a minimum of 500 acres. Lease options are also available.