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Listed by The Keyes Company
$ 1,100,000
Est. payment | /mo
0.93 Acres Lot
$ 1,100,000
Est. payment | /mo
0.93 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Unincorporated Palm Beach County
MLS Listing ID RX-10926339
HOA Y/N No
Annual Tax Amount $6,971
Tax Year 2022
Lot Size 0.931 Acres
Property Description
EXCELLENT OPPORTUNITY FOR SALE OR JOINT VENTURE 0.93 ACRES OF COMMERCIAL LAND IN LAKE WORTH, FL. THIS PARCEL OF LAND HAS APPROX 160' OF DIRECT FRONTAGE ON S MILITARY TRAIL WITH GREAT VISIBILITY. IT IS LOCATED IN A HEAVY TRAFFIC AREA WITH AN AADT OF 36,000 (2022 FDOT) AND JUST SOUTH OF LAKE WORTH RD, WHICH HAS AN AADT OF 43,000. FURTHERMORE, IT IS WITHIN A DEMOGRAPHICALLY DENSE AREA, AS THE 5-MILE POPULATION IS OVER 340,000. ZONED UI-URBAN INFILL, THIS PARCEL CAN ACCOMMODATE -SUBJECT TO COUNTY APPROVAL- DIFFERENT USES, SUCH AS BANKS, AUTO PARTS STORES, OTHER AUTOMOTIVE USES, DAYCARE CENTERS, URGENT MEDICAL CARE, RESTAURANTS, MEDICAL/DENTAL, RETAIL AND MORE. ALSO, THIS PARCEL IS LOCATED IN AN SBA QUALIFIED HUBZONE. PLEASE INQUIRE FOR OFFERING MEMORANDUM.
Location
State FL
County Palm Beach
Area 5730
Zoning UI-URBAN INFILL
Exterior
Community Features Corporate Owned
Utilities Available None
Present Use Corporate Owned
Exposure West
Building
Lot Description 1/2 to < 1 Acre, Public Road
Story 253.00
Others
Acceptable Financing Cash, Other
Horse Property No
Listing Terms Cash, Other
Financing Cash,Other
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Evan Sophir