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Lee County, FL · Sold

FL-499054

477 County Road 338

$2,667,800
$8,403/ac · 317 ac
Acreage317 ac
Price per acre$8,403/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedAug 28, 2023
Coordinates26.5119, -81.9216
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.7%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,126 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area249.43 of 317.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,547,476
$2,333,888$2,761,064 · $8,024/ac on 317 ac
Asking vs estimate
+4.7%
In line with the comp set

Weighted from 8 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 $2,667,800
Maximum allowable offer
$1,455,701
$4,585/ac · +30.0% target margin

You need $1,212,099 off asking to hit this margin.

All-in cost$1,579,436
Net resale$2,343,678
Projected profit$764,243
ROI+48.4%
Annualized+69.2%
Break-even resale$5,408/ac
Profit if resale lands off target
-20%
$295,507
-10%
$529,875
0%
$764,243
+10%
$998,610
+20%
$1,232,978
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-128754
Gravel · Full utilities
255.5May 27, 2026$2,353,1009,2118,7299.3 mi
82
FL-748609
Landlocked · Power at road
230.0Jan 15, 2026$1,128,4004,9068,2182.7 mi
81
FL-399508
Gravel · Full utilities
441.1Dec 20, 2025$3,486,0007,9038,9502.2 mi
81
FL-479194
Dirt · Power at road
351.4Aug 11, 2025$1,938,1005,5168,4046.3 mi
80
FL-288416
Dirt · Off grid
200.0May 8, 2026$1,028,6005,1447,6085.2 mi
75
FL-948494
Gravel · Full utilities
211.6Aug 29, 2025$1,545,2007,3026,7639.4 mi
73
FL-827948
Landlocked · Power at road
142.5Jul 5, 2026$752,7005,2837,6119.7 mi
70
FL-618324
Gravel · Power at road
187.1Jan 12, 2025$1,275,7006,8187,6345.2 mi
69
Show adjustment detail for the top comp
  • Tract size (255.47 ac → 317.48 ac)-6.1%
  • Market time (3 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.