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Lee County, FL · Sold

FL-326311

9348 County Road 138

$447,700
$10,287/ac · 43.52 ac
Acreage43.52 ac
Price per acre$10,287/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedDec 6, 2024
Coordinates26.5803, -81.9293
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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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power242 ft away

Power at or near the road.

Buildable area40.15 of 43.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$594,937
$467,149$722,725 · $13,670/ac on 43.52 ac
Asking vs estimate
-24.7%
Priced below 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 $447,700
Maximum allowable offer
$339,964
$7,812/ac · +30.0% target margin

You need $107,736 off asking to hit this margin.

All-in cost$368,861
Net resale$547,342
Projected profit$178,481
ROI+48.4%
Annualized+69.2%
Break-even resale$9,213/ac
Profit if resale lands off target
-20%
$69,012
-10%
$123,747
0%
$178,481
+10%
$233,215
+20%
$287,949
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-266661
Gravel · Power at road
56.1Jun 20, 2026$644,80011,49614,3615.3 mi
83
FL-365653
Paved · Off grid
27.0Jul 27, 2026$419,80015,53716,8883.0 mi
82
FL-146221
Paved · Full utilities
40.8Jul 19, 2024$736,40018,05715,8976.7 mi
79
FL-565265
Dirt · Power at road
20.4Jul 27, 2026$149,8007,3428,9484.6 mi
76
FL-345321
Gravel · Power at road
21.3Jun 1, 2026$211,6009,95810,5603.3 mi
76
FL-255550
Gravel · Full utilities
25.1Apr 27, 2026$433,70017,29115,4429.9 mi
71
FL-885183
Landlocked · Full utilities
19.2Jul 22, 2025$144,2007,5039,8077.9 mi
68
FL-827948
Landlocked · Power at road
142.5Jul 5, 2026$752,7005,28312,10110.8 mi
67
FL-675544
Landlocked · Power at road
25.0Jan 8, 2025$217,1008,69414,6707.3 mi
66
FL-895585
Dirt · Full utilities
25.7Sep 11, 2024$412,60016,04317,8494.3 mi
65
Show adjustment detail for the top comp
  • Tract size (56.09 ac → 43.52 ac)+5.2%
  • Access (Gravel → Paved)+18.0%
  • Market time (2 mo)+0.6%

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.