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Lee County, FL · Sold

FL-515185

789 County Road 166

$345,400
$17,943/ac · 19.25 ac
Acreage19.25 ac
Price per acre$17,943/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedSep 2, 2023
Coordinates26.4876, -81.8995
Loading terrain…
County GIS boundary

An active ArcGIS layer was found, but the parcel boundary could not be matched by APN or location. This usually means the parcel identifier format differs from the county's layer. Open the county source to verify the shape.

County market

Lee County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Lee market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands8.1% of tract

Little to no mapped wetland coverage.

Average slope10.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

942 ft of deeded road frontage.

Power628 ft away

Power at or near the road.

Buildable area16.81 of 19.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$258,963
$197,873 – $320,052 · $13,453/ac on 19.25 ac
Asking vs estimate
+33.4%
Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $345,400
Maximum allowable offer
$147,979
$7,687/ac · +30.0% target margin

You need $197,421 off asking to hit this margin.

All-in cost$160,557
Net resale$238,246
Projected profit$77,689
ROI+48.4%
Annualized+69.2%
Break-even resale$9,066/ac
Profit if resale lands off target
-20%
$30,039
-10%
$53,864
0%
$77,689
+10%
$101,513
+20%
$125,338
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-565265
Dirt · Power at road
20.4Jul 27, 2026$149,8007,3428,6949.6 mi
81
FL-365653
Paved · Off grid
27.0Jul 27, 2026$419,80015,53716,4109.7 mi
80
FL-345321
Gravel · Power at road
21.3Jun 1, 2026$211,6009,95810,2609.1 mi
79
FL-233652
Paved · Off grid
6.3Jun 11, 2026$125,60019,81518,2144.6 mi
77
FL-255550
Gravel · Full utilities
25.1Apr 27, 2026$433,70017,29115,00314.6 mi
77
FL-885183
Landlocked · Full utilities
19.2Jul 22, 2025$144,2007,5039,5276.4 mi
76
FL-465215
Landlocked · Full utilities
19.7Jan 11, 2026$208,90010,61213,25815.8 mi
75
FL-624087
Landlocked · Power at road
8.7Oct 12, 2025$75,5008,68912,3494.2 mi
71
FL-895585
Dirt · Full utilities
25.7Sep 11, 2024$412,60016,04317,3368.4 mi
71
FL-266661
Gravel · Power at road
56.1Jun 20, 2026$644,80011,49613,9531.4 mi
71
Show adjustment detail for the top comp
  • Tract size (20.4 ac → 19.25 ac)+0.7%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.8%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.