26265 Scham Road
About This Property
Unlock incredible potential in one of Southwest Florida's fastest-growing pockets! This spacious .33-acre vacant lot offers rare versatility, featuring flexible zoning that permits either a custom single-family home OR a manufactured home on a permanent foundation.
Prime Growth Area: Situated in a booming neighborhood where brand-new construction surrounds the property, ensuring strong future appreciation for your investment.
Ultimate Flexibility: Choose your build style-traditional site-built single-family or a modern manufactured home on a foundation.
Exceptional Commuter Access: Located just 6 minutes from I-75, making travel, material delivery, and daily commuting effortless.
Whether you're a builder looking for your next project or a buyer ready to plant roots in a rapidly expanding community, this lot is primed for action.
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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 |
|---|---|---|---|
| Oct 4, 2026 | Listed by Keller Williams Elite Realty | $28,000 | |
| Listed by Keller Williams Elite Realty | |||
| Sep 8, 2026 | No longer available | - | |
| No longer available | |||
| May 20, 2026 | Price Decreased |
$26,000
↓ $4K
(13.3%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$29,999
↓ $3K
(9.1%) | |
| Price Decreased | |||
| Jan 7, 2026 | Price Decreased |
$33,000
↓ $2K
(5.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017