490 S 1St St Immokalee, FL 34142
This exceptional 1.56-acre commercial land parcel presents a unique investment opportunity in the thriving Immokalee, Florida market. Strategically located at 490 S 1st St, this property boasts a prime position directly across the street from the Seminole Casino Hotel, ensuring high visibility and accessibility. The land is comprised of two adjacent lots, totaling 1.56 acres (0.42 acres and 1.14 acres). This offers flexibility for development, allowing for a variety of commercial ventures to take advantage of the high-traffic area and proximity to the casino. The property's APN is 74420000027, and it's situated in Collier County, Florida, zip code 34142. With its ideal location and significant size, this land parcel is poised for substantial growth and return on investment. The asking price for this exceptional property is $509,652. Don't miss this chance to acquire a highly desirable commercial land asset in a rapidly developing area. This is a rare opportunity to capitalize on the significant potential of this location. The property's proximity to the Seminole Casino Hotel guarantees a steady stream of potential customers for any commercial enterprise established on this land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.