12900 Okeechobee BlvdLoxahatchee, FL 33470

  • Land
  • 2,715 SF
For Lease

Property Details for 12900 Okeechobee Blvd

Year built
1976
Lot size
9.17 AC
Property size (Sq ft)
2,715 SF
Zone code
CL
Property type
Land
Property subtype
Commercial land
APN
41-41-43-27-20-001-0000
APU
41414327200010000

Description

This exceptional 30,000-square-foot office building presents a unique investment opportunity in Loxahatchee Groves, Florida. Located at 12900 Okeechobee Boulevard, this single-tenant property boasts a highly desirable location within Palm Beach County, benefiting from proximity to thriving western communities like Royal Palm Beach, Westlake, and Wellington. The property features a 700-square-foot frontage on Okeechobee Boulevard. Importantly, the site plan has already received approval from the Town of Loxahatchee Groves, securing the necessary commercial zoning (0101 commercial) for a mixed-use development. The approved plans encompass 30,000 square feet and allow for a diverse range of uses, including a restaurant, a drive-through restaurant or doughnut shop, and office buildings. Detailed site plan drawings are complete, eliminating significant pre-construction hurdles. This turnkey project is ideal for investors seeking a swift and efficient path to development, eliminating lengthy permitting processes. The property's APN is 41414317016330010. This is a rare chance to acquire a fully approved commercial site in a rapidly growing area. The property is zoned for commercial use and ready for immediate construction. Don't miss this opportunity to capitalize on the burgeoning western Palm Beach County market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $955,373
    Hospitality
    $875,116
    Educational
    $728,087
    Medical
    $753,127
    Retail
    $1,132,579
12900 Okeechobee Blvd, Loxahatchee, Florida

Location Insight

City
Loxahatchee
County
Palm Beach
State
Florida
Latitude
26.7052
Longitude
-80.247
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,288
$1,404,432
-
$1,404,432
-
$1,404,432
-
$1,404,432

FAQs

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