22
Map
2990 W State Rd 80
About This Property
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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 |
|---|---|---|---|
| Nov 13, 2025 | Listed by KW Florida Living | $14,001,592 | |
| Listed by KW Florida Living | |||
| May 17, 2025 | No longer available | - | |
| No longer available | |||
| Nov 16, 2021 | Listed by Keller Williams Realty Fort Myers and the Islands | $19,900,000 | |
| Listed by Keller Williams Realty Fort Myers and the Islands | |||
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163+ acres located in Hendry County on SR 80 W. Directly across from Helms Road extension providing travelers easy access from SR29 to SR80. Property provides waterfront lakes and offers 3,225+/- feet of frontage on four-laned State Road 80!!! Two DOT approved entrances (East and West). Currently zoned agricultural with inexpensive agricultural taxes. Future land use is Multi-Use / Residential (Rural Estates). Water and sewer lines are currently being run down SR 80, to the Lee County line, and will be available to service this area. Location is in close proximity to shopping centers (Wal-Mart and Tractor Supply), RV Parks (RiverBend Motorcoach Resort and Grandma’s Grove) and only 3+/- miles to the Lee County line. Conveniently located within 20+/- miles to I-75. This rare opportunity offers investors/developers a superior location in a rapidly growing area!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017