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Lee County, FL · Sold

FL-806962

4523 County Road 29

$816,400
$11,705/ac · 69.75 ac
Acreage69.75 ac
Price per acre$11,705/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 8, 2023
Coordinates26.6148, -82.0261
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
43
Moderate risk
Wetlands32.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power110 ft away

Power at or near the road.

Buildable area44.59 of 69.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$592,967
$477,927$708,007 · $8,501/ac on 69.75 ac
Asking vs estimate
+37.7%
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 $816,400
Maximum allowable offer
$338,838
$4,858/ac · +30.0% target margin

You need $477,562 off asking to hit this margin.

All-in cost$367,639
Net resale$545,529
Projected profit$177,890
ROI+48.4%
Annualized+69.2%
Break-even resale$5,729/ac
Profit if resale lands off target
-20%
$68,784
-10%
$123,337
0%
$177,890
+10%
$232,443
+20%
$286,996
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-266661
Gravel · Power at road
56.1Jun 20, 2026$644,80011,4969,49310.6 mi
79
FL-827948
Landlocked · Power at road
142.5Jul 5, 2026$752,7005,2837,9998.7 mi
78
FL-565265
Dirt · Power at road
20.4Jul 27, 2026$149,8007,3425,9152.1 mi
75
FL-326311
Paved · Power at road
43.5Nov 3, 2025$439,60010,1026,8976.4 mi
73
FL-288416
Dirt · Off grid
200.0May 8, 2026$1,028,6005,1447,9964.6 mi
71
FL-365653
Paved · Off grid
27.0Jul 27, 2026$419,80015,53711,1645.6 mi
71
FL-255550
Gravel · Full utilities
25.1Apr 27, 2026$433,70017,29110,2073.5 mi
69
FL-345321
Gravel · Power at road
21.3Jun 1, 2026$211,6009,9586,9817.9 mi
68
FL-146221
Paved · Full utilities
40.8Jul 19, 2024$736,40018,05710,5080.8 mi
67
FL-618324
Gravel · Power at road
187.1Jan 12, 2025$1,275,7006,8188,0234.7 mi
67
Show adjustment detail for the top comp
  • Tract size (56.09 ac → 69.75 ac)-4.6%
  • Access (Gravel → Dirt)-14.0%
  • 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.