Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2761 E Rd Town of Loxahatchee Groves, FL 33470

    Sponsored
    For Sale
    $2,750,000

    Land, Other - Loxahatchee Groves, FL

    Type:Unimproved Land
    Lot size:
    20.01 Acres
    Days on Market:
    24
    Last Refresh:
    Feb 5 at 12:06 pm

    Property Features for 2761 E Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    41414317014370020
    Lot size
    20.01 Acres

    Utilities

    Water front features
    Canal Access

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Travis C Laas
    Travis C Laas

    Engel & Völkers Wellington (561) 791-2220

    Listing agent Travis C Laas (561) 791-2220

    Listing date Jan 13, 2026

    MLS# R11121116 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    20-Acre Private Land Parcel

    This exceptionally private 20-acre property is located on paved E Road, offering easy access to Okeechobee Rd. The land, situated in Loxahatchee Groves, FL, is a rare and unique offering currently composed of two contiguous 10-acre parcels, with the potential to be combined into one or further subdivided into four 5-acre parcels. The property is cleared, fully fenced, and ready for a wide range of uses. Equestrian enthusiasts may find the space suitable for a regulation polo field, multiple arenas, barns, and numerous equestrian features. Other potential uses include a nursery, farm, or custom estate with space and privacy. The property is mostly high and dry with elevations around 20ft ASL. Existing storm water management includes a small pond and some drainage infrastructure that empties into the main canal to the east. Electric is already on-site. The location offers proximity to modern conveniences and easy access to major roadways, while maintaining a private and quiet country setting near the Royal Palm Beach Pines Natural reservation, which features over 700 acres of manicured trails.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Center Food Market HVAC Service Electrical Service Veterinary Clinic Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Town of Loxahatchee Groves
    County
    State
    Florida
    Longitude
    -80.267246
    Latitude
    26.717545

    Nearby Similar for Sale

    • $590,000
      5.61 Acres

      Loxahatchee Equestrian Opportunity

      5.61 acres in Loxahatchee's equestrian area, ideal for estate or facility.
      6747 W Carol St E, Loxahatchee, FL 33470
      View Details
    • $999,000
      8.87 Acres

      Loxahatchee Agricultural Land Opportunity

      8.87 acres of improved agricultural land ready for farming.
      20915 Antoinette St, Loxahatchee, FL 33470
      View Details
    • $750,000

      Loxahatchee Equestrian Land Opportunity

      5+ acre parcel in premier equestrian community, ready to build.
      844 Gallop Dr, Loxahatchee, FL 33470
      View Details
    • $499,000
      1,268 SF

      Medical Office Condo For Sale

      Move-in ready medical office condo on hospital campus for sale.
      13005 Southern Blvd, Loxahatchee, FL 33470
      View Details
    • $900,000
      14.62 Acres

      Equestrian Estate Lot in Loxahatchee

      Prime location for custom equestrian estate near Wellington venues.
      3079 Gator Pond Ln, Loxahatchee, FL 33470
      View Details
    • $9,400,000
      19,624 SF

      Walgreens in Loxahatchee, Florida

      Walgreens with high sales volume and prime location.
      15940 Orange Blvd, Loxahatchee, FL 33470
      View Details
    • $4,200,000

      Loxahatchee Groves Nursery on 20 Acres

      20-acre nursery in Loxahatchee, Florida, with equestrian potential.
      1535 B Rd, Loxahatchee, FL 33470
      View Details
    • $749,000

      Equestrian Farm with Modern Amenities

      2.5-acre equestrian farm with barns, arena, and paddocks.
      13106 Bryan Rd Rd, Loxahatchee, FL 33470
      View Details
    • $1,095,000

      Loxahatchee Ranch with Equestrian Features

      Ranch featuring stables, grazing, pond, barn, corrals, and outdoor kitchen.
      3525 D Rd, Loxahatchee, FL 33470
      View Details
    • New
      $369,000

      Veterinary Business in Loxahatchee

      Established veterinary business for sale with valuable inventory.
      Veterinary Practice, Loxahatchee, FL 33470
      View Details
    • $295,000

      Single Family Detached Property

      Single family detached property for sale in The Acreage, Florida.
      18056 Orange Grove Blvd, Loxahatchee, FL 33470
      View Details
    • $999,999

      Loxahatchee Church and Religious Facility

      Church and religious facility available for sale in Loxahatchee.
      6951 Carol St SW, Loxahatchee, FL 33470
      View Details

    FAQs

    What type of property is this?
    Land - Private, cleared, and fenced 20-acre land parcel in Loxahatchee Groves.
    Where is this land located?
    The property is located at 2761 E Rd Town of Loxahatchee Groves, FL.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Exceptionally private 20-acre property, fully fenced and cleared.; - Subdividable into two 10-acre or four 5-acre parcels.; - Ready for equestrian use (polo field, arenas, barns).
    (561) 906-7007
    Request Owner's contact information
    2761 E Rd Town of Loxahatchee Groves, FL 33470
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2761 E Rd
    Town of Loxahatchee Groves, FL 33470
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2761 E Rd Town of Loxahatchee Groves, FL 33470
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Travis C Laas
    Travis C Laas
    Real Estate License ID: 3262273
    (561) 906-7007
    Learn more
    Google sign-in failed. Please try again or use another login method.