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Property profile

351 Leonard N Blvd Lehigh Acres, FL 33971

OFF-MARKET
Warehouses
Property ID
US18-9845313
103,458 SF 7.39 ac lot Built 2002
Last sale Oct 2021 · $9,355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 351 Leonard Blvd N in Lehigh Acres, Florida, offers a total of 103,000 square feet of warehouse, distribution, and manufacturing space within a single, one-story building. The property is zoned IL and is situated in Lee County, zip code 33971. Currently configured as a multi-tenant facility, it features two suites, with a minimum divisible space of 44,414 square feet and a maximum contiguous space of 44,414 square feet. The high ceilings range…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$69k
Tax billed · 2023
Assessed value$6.83M
Assessed land$898k
Assessed improvement$5.93M
Effective rate1.01%

Value estimate

· Oct 2026
$9.96M
$8.96M – $10.96M
AI approach$11.85M
Submarket $/SF estimate$8.45M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$78 – $207
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IL
The IL district is designed to designate suitable locations for light industrial and quasi industrial commercial uses, where most process...
General categoryINDUSTRIAL
JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.5
Law Firm14.3
Dental Office11.5

Location

351 Leonard N Blvd Lehigh Acres, FL 33971-6357
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5614 2nd W, Lehigh Acres, FL 33971-6331 $6,200,000 Jul 2024 30,000 SF
5519 2nd W, Lehigh Acres, FL 33971-1580 $5,280,000 Apr 2024 22,254 SF
551 Westgate, Lehigh Acres, FL 33971-6315 $1,700,000 Nov 2021 18,602 SF
511 Leonard N, Lehigh Acres, FL 33971-6314 $1,200,000 Jun 2021 35,265 SF
5500 Timmers, Lehigh Acres, FL 33971-6578 $400,000 Dec 2020 70,622 SF
5565 Lee, Lehigh Acres, FL 33971-1552 $2,395,000 Dec 2020 18,674 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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