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20910 Copperhead Dr
Lehigh Acres, FL 33936
Copperhead Golf Course - 176+/- Acres · Land For Sale · 176.00 AC
PROPERTY FACTS
Description
The Copperhead Golf Course is a premium investment property located in Lehigh Acres, FL. At 176± acres, this property is one of the largest undeveloped tracts in the Lehigh Acres sub-market. Copperhead Golf Course offers buyers a rare opportunity to purchase a large vacant property, completely surrounded by residential development, at a reasonable price. The Copperhead Golf Course is part of a mixed use development project that began construction in the early 2000’s. The original approvals allowed for a residential community totaling 990 homes to be built around the golf course. Unfortunately, shortly after construction began, the real estate market crashed and the original developer lost the property to his lender. In 2011 the lender sold the Golf Course and residential tracts. The golf course continued operations while the residential tracts remained idle. Then, in 2019 the golf course closed permanently. The Copperhead Golf Course is a public, 18 hole, par 72 course that was originally designed by Gordon Lewis. Prior to closure, the golf course was averaging 38,000-40,000 rounds of golf played per year. Most irrigation and drainage infrastructure is functional and still in place. The property also includes an existing club house, maintenance building, and cart house. Although the Golf Course is no longer operational, purchasing this property affords buyers many opportunities to generate cash flow over the life of the investment. A skilled operator could restore and reopen the course, generating income until such time as the property is positioned for future development. The Copperhead Golf Course is an opportunity that is very rare in today’s market conditions. With the right buyer, this property has all the ingredients for successful investment.
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PROPERTY TAXES
Parcel Number | 06-45-27-00-01001.0050 | Improvements Assessment | £360,273 |
Land Assessment | £330,526 | Total Assessment | £1,171,384 |
PROPERTY TAXES
zoning
Zoning Code | MPD |
MPD |
Listing ID: 18916000
Date on Market: 19/03/2020
Last Updated:
Address: 20910 Copperhead Dr, Lehigh Acres, FL 33936
The Land Property at 20910 Copperhead Dr, Lehigh Acres, FL 33936 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.