Updated Jul 9, 2026
MCIN Bell Acquires 24 Acre Development Site In Lehigh Acres From HML Of Lehigh Acres For $6M
307 Parkdale Boulevard, 406 La Perouse Street, 17928-976 State Road 82 Lehigh & 17928-976 Sr 82
$6,000,000
Building Size
—
Asset Type
Development Site
Closing
Jul 1, 2026
About this deal
AI
MCIN Bell acquired five commercial parcels totaling 24 acres located at 307 Parkdale Boulevard, 406 La Perouse Street, and 17928-17976 State Road 82 in Lehigh Acres and Fort Myers, FL for $6,000,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,000,000
- Buyer: MCIN Bell
- Seller: HML of Lehigh Acres
- Broker: Hunter Ward - LSI Companies
LSI Companies' broker Hunter Ward facilitated this transaction, representing the interests involved effectively in the deal.
The development site sale at 307 Parkdale Boulevard in Parkdale, Florida sold for $6M in 2026. 307 Parkdale Boulevard is classified as Development Site on Traded. Named participants on the 307 Parkdale Boulevard sale are Hunter Ward. This page is the Parkdale, Florida file for the 307 Parkdale Boulevard development site sold: pricing, party profiles, and other closed development site comps from the same Parkdale sit in the Market section below. Filter that Parkdale development site set by closing date to see what else sold near 307 Parkdale Boulevard around 2026. Published consideration for 307 Parkdale Boulevard is $6M, dated 2026. Cite this MCIN Bell Acquires 24 Acre Development Site In Lehigh Acres From HML Of Lehigh Acres For $6M sale when underwriting similar development site product around Parkdale, Florida.
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Parkdale Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93