Fort Myers investor group buys Punta Gorda farm land

BUYER: OB 4 LLC (managers: Randy Thibaut and Wade Light), Fort Myers
SELLER: James Walter Sheffer, individually and as trustee of the Mary Louise Sheffer Trust and Harian Sheffer Trust, Linda Sheffer and Dawn Roush, individually and trustee of the Richard A. Roush Trust
PROPERTY: a portion of North Jones Loop Road, Punta Gorda
PRICE: $2.01 million
TITLE FIRM ON DEED: Title Guaranty Agency Inc., Fort Myers

PLANS, DESCRIPTION:
The investor group OB 4 LLC purchased 157.04 acres on Jones Loop Road east of Interstate 75 for $2.01 million.

The price equated to $12,781 per acre.