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Property profile & analytics
FOR SALE
Commercial real estate

441 NE Mango Ave Lee, FL 32059

30 ac lot
Individually Owned 6-yr Hold
Property ID
US18-7365628
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this 30-acre wooded property nestled in eastern Madison County, Florida, just five miles east of Lee. Priced at $299,500 ($9,983/acre), this land presents a unique blend of natural beauty and development potential. The property is comprised of three parcels (Parcel 1: 10.26 acres, Parcel 2: 10 acres, Parcel 3: 10 acres), all currently zoned AG2 and sold together. Parcel 3, situated on Highway 90, boasts approved commercial future land use designations from both state and county authorities. A significant portion of the acreage features eight-year-old planted longleaf pines, and the entire property is upland, free from swamps or bottomland. Parcel 1 includes a functioning pump and well. Nature enthusiasts will appreciate the property's proximity to the stunning Twin Rivers State Forest, with convenient access to the Suwannee and Withlacoochee Rivers within a five-minute radius. This versatile land is perfect for residential homesites, recreational pursuits, hunting expeditions, or commercial ventures. The APN numbers are 161S111530003001, 161S11153000301F, and 161S11153000301G. This is a rare opportunity to own a substantial piece of Florida's natural landscape with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Lot 30 ac (1,306,800 SF)
APN 161S111530003001, 161S11153000301F, 161S11153000301G
UPID US18-7365628
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Shawn Marie White · 6 yrs held
Shawn Marie White
since 2020
3 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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