N River Rd, Alva, FL 33920

$1,332,000

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List Price
$1,332,000
Status
Active
Days on Market
167
MLS#
TB8494918
Lot Size
4,859,118
Acres
111.55
Total Acreage
100 to less than 200
Legal Subdivision Name
Florida Citrus Co
MLS Area Major
Alva

Property Description

RARE 111.55-ACRE AG-2 TRACT IN ALVA! This expansive agricultural holding provides the scale needed for farming, pasture, nursery operations, a rural farmstead, or long-term land investment. Former citrus grove with trees removed and acreage previously cleared and leveled. Irrigation canal along the western boundary, agricultural lease in place through January 2027, and private financing available for qualified buyers. The property was historically operated as an orange grove. Following citrus greening, the trees were removed and the acreage was cleared and leveled for continued agricultural use. The land has since been utilized for agricultural crops including zucchini, bell peppers, and watermelon. The property is currently vegetated with seasonal/natural grass following the prior agricultural use. AGRICULTURAL OPPORTUNITY: AG-2 zoning supports a variety of agricultural uses, including row crops, pasture, nursery operations and other permitted agricultural activities. An irrigation canal runs along the western boundary, providing an available water source for agricultural irrigation; buyer will need to provide a diesel pump and irrigation equipment. County agricultural water tax is approximately $50/acre annually. RESIDENTIAL / FARMSTEAD POTENTIAL: AG-2 zoning currently allows one mobile home per 5 acres, subject to applicable Lee County requirements and approvals. This may provide potential for farmstead, agricultural worker housing, or other permitted residential uses. Buyer should independently verify current zoning, density, subdivision, access and permitting requirements with Lee County. FUTURE LAND PLANNING: The acreage may offer opportunities for future agricultural parcel configuration or division, subject to Lee County approval, applicable subdivision regulations, access requirements and all other governmental approvals. Seller previously explored marketing portions of the property separately; the seller is now offering the entire 111.55-acre tract as one package. SITE CHARACTERISTICS: The property consists of large, open agricultural acreage with Myakka fine sand soils and prior laser leveling. Elevation is approximately 28–32 feet above sea level (NGVD29). Property is identified as FEMA Flood Zone X based on available information. Buyer should independently verify flood zone, elevation, soils, wetlands, drainage and all other site conditions during due diligence. UTILITIES: No electricity or municipal sewer is currently available on-site. These conditions are typical of the surrounding rural agricultural area. Off-grid power solutions may be considered. Septic approval would be required for any permitted residential use. ACCESS: The property is located within an approximately 1,000-acre agricultural enclave with multiple owners sharing a secure main entrance at 23311 N River Road. The entrance is gated and locked after hours. From the main gate, the property is approximately 3.3 miles / 11 minutes via the agricultural access road. CURRENT AGRICULTURAL LEASE: Property is currently leased for agricultural use through January 2027. Buyer should verify lease terms and possession requirements during due diligence. PRIVATE FINANCING: Seller is offering private financing with flexible terms for qualified buyers. Contact listing agent for details. Showings are available Monday–Friday, 8:00 AM–4:00 PM Approximate GPS coordinates: 26.759949, -81.597193.

Additional Information

Taxes
$638
Community Features
No Deed Restriction
Zoning
AG-2
Utilities
Water Nearby
Pool
No Pool
Flood Zone Code
x
Parcel ID
02-43-27-00-00001.0570
Legal Description
E 1/6 OF W 6/17 OF S 1/4 02-43-27-00-00001.0460 02-43-27-00-00001.047A 02-43-27-00-00001.047B 02-43-27-00-00001.047C 02-43-27-00-00001.0480 02-43-27-00-00001.0490 02-43-27-00-00001.0500 02-43-27-00-00001.051A 02-43-27-00-00001.051D 02-43-27-00-00001.051E 02-43-27-00-00001.051F 02-43-27-00-00001.051G 02-43-27-00-00001.052A 02-43-27-00-00001.052B 02-43-27-00-00001.052C 02-43-27-00-00001.052D 02-43-27-00-00001.0530 02-43-27-00-00001.054A 02-43-27-00-00001.054C 02-43-27-00-00001.0550 02-43-27-00-00001.0560 02-43-27-00-00001.0570

Listing courtesy of DALTON WADE INC. 888-668-8283

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