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Property profile & analytics
FOR SALE
Commercial land

490 S 1St St Immokalee, FL 34142

1.14 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-6524657
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.14 ac (49,658 SF)
APN 74420000027
UPID US18-6524657
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
St 490 S 1st Street LLC · 1 yrs held
St 490 S 1st Street LLC
since 2024
Last sale
$475,000
4 recorded transactions
2024
$475,000
2016
Price N/A
2016
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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