207 N 15th Street
About This Property
Zoned for commercial use and offering a large, buildable footprint, this versatile property presents endless possibilities for investors, developers, and business owners looking to capitalize on the area's continued growth and economic development. Immokalee is experiencing significant expansion, with ongoing residential, commercial, and infrastructure improvements fueling demand for new businesses and services.
Whether you're planning a retail center, professional offices, mixed-use development, service-based business, or another commercial venture, this strategically located property offers the space, exposure, and potential to bring your vision to life.
Don't miss this rare opportunity to secure a substantial commercial tract in a rapidly developing area poised for future growth.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 29, 2026 | Listed by SWFL Legacy Realty Group LLC | $1,399,000 | |
| Listed by SWFL Legacy Realty Group LLC | |||
| Aug 26, 2025 | Price Decreased |
$1,500,000
↓ $500K
(25%) | |
| Price Decreased | |||
| Sep 19, 2024 | Listed by Sellstate 5 Star Realty | $2,000,000 | |
| Listed by Sellstate 5 Star Realty | |||
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4 acres of vacant land zoned Commercial with road frontage off Main St.
Large Multiuse buildable commercial lot in downtown Immokalee right off of Main St. Immokalee is going through major development, and expansion.
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| Aug 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017