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Lee County, FL · Sold

FL-365653

2938 County Road 127

$398,300
$14,741/ac · 27.02 ac
Acreage27.02 ac
Price per acre$14,741/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedApr 11, 2026
Coordinates26.6237, -81.9360
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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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,182 ft of deeded road frontage.

Power13,284 ft away

A long utility run — price in solar/off-grid instead.

Buildable area21.31 of 27.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$326,262
$254,773$397,751 · $12,075/ac on 27.02 ac
Asking vs estimate
+22.1%
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 $398,300
Maximum allowable offer
$186,436
$6,900/ac · +30.0% target margin

You need $211,864 off asking to hit this margin.

All-in cost$202,283
Net resale$300,161
Projected profit$97,878
ROI+48.4%
Annualized+69.2%
Break-even resale$8,137/ac
Profit if resale lands off target
-20%
$37,846
-10%
$67,862
0%
$97,878
+10%
$127,894
+20%
$157,911
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-345321
Gravel · Power at road
21.3Jun 1, 2026$211,6009,9589,7362.4 mi
82
FL-565265
Dirt · Power at road
20.4Jul 27, 2026$149,8007,3428,2504.6 mi
81
FL-255550
Gravel · Full utilities
25.1Apr 27, 2026$433,70017,29114,2379.0 mi
80
FL-326311
Paved · Power at road
43.5Nov 3, 2025$439,60010,1029,6203.0 mi
76
FL-675544
Landlocked · Power at road
25.0Jan 8, 2025$217,1008,69413,5265.5 mi
74
FL-895585
Dirt · Full utilities
25.7Sep 11, 2024$412,60016,04316,4565.3 mi
73
FL-465215
Landlocked · Full utilities
19.7Jan 11, 2026$208,90010,61212,5829.3 mi
73
FL-266661
Gravel · Power at road
56.1Jun 20, 2026$644,80011,49613,2418.3 mi
72
FL-885183
Landlocked · Full utilities
19.2Jul 22, 2025$144,2007,5039,04210.3 mi
69
FL-146221
Paved · Full utilities
40.8Jul 19, 2024$736,40018,05714,6576.2 mi
69
Show adjustment detail for the top comp
  • Tract size (21.25 ac → 27.02 ac)-3.4%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.9%

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.