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Lee County, FL · Sold

FL-266661

2848 County Road 338

$635,300
$11,326/ac · 56.09 ac
Acreage56.09 ac
Price per acre$11,326/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedSep 28, 2025
Coordinates26.5068, -81.9050
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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
28
Low risk
Wetlands17.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5 ft away

Power at or near the road.

Buildable area43.91 of 56.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$598,739
$458,854$738,625 · $10,675/ac on 56.09 ac
Asking vs estimate
+6.1%
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 $635,300
Maximum allowable offer
$342,137
$6,100/ac · +30.0% target margin

You need $293,163 off asking to hit this margin.

All-in cost$371,219
Net resale$550,840
Projected profit$179,621
ROI+48.4%
Annualized+69.2%
Break-even resale$7,194/ac
Profit if resale lands off target
-20%
$69,453
-10%
$124,537
0%
$179,621
+10%
$234,705
+20%
$289,789
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-326311
Paved · Power at road
43.5Nov 3, 2025$439,60010,1028,4075.3 mi
77
FL-345321
Gravel · Power at road
21.3Jun 1, 2026$211,6009,9588,5087.8 mi
77
FL-565265
Dirt · Power at road
20.4Jul 27, 2026$149,8007,3427,2098.4 mi
75
FL-365653
Paved · Off grid
27.0Jul 27, 2026$419,80015,53713,6078.3 mi
73
FL-827948
Landlocked · Power at road
142.5Jul 5, 2026$752,7005,2839,75010.7 mi
70
FL-255550
Gravel · Full utilities
25.1Apr 27, 2026$433,70017,29112,44113.6 mi
69
FL-806962
Dirt · Power at road
69.8Feb 11, 2024$761,70010,92014,71510.6 mi
67
FL-225005
Gravel · Power at road
16.9Nov 1, 2024$160,5009,4958,4056.7 mi
66
FL-146221
Paved · Full utilities
40.8Jul 19, 2024$736,40018,05712,80810.5 mi
65
FL-675544
Landlocked · Power at road
25.0Jan 8, 2025$217,1008,69411,82012.1 mi
65
Show adjustment detail for the top comp
  • Tract size (43.52 ac → 56.09 ac)-4.9%
  • Access (Paved → Gravel)-15.3%
  • Market time (9 mo)+3.3%

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.