Add Listing
    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

    1044 D Rd Loxahatchee Groves, FL 33470

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,499,000

    10-acre equestrian property in Loxahatchee Groves, near Wellington.

    Lot size:
    10.00 Acres

    Property Features for 1044 D Rd

    General Information

    Property type
    Land
    Standard status
    Active
    Lot size
    10.00 Acres

    We can help!

    Listing Contact
    Catherine M Roze
    Catherine M Roze
    Source: Elliman

    Listing Agency: RE/MAX Prestige Realty Listing Agent: Catherine M Roze

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Equestrian Property Near Wellington Venues

    This 10-acre equestrian property is available for sale on D Rd in Loxahatchee Groves. It is located less than 15 minutes from Wellington horse show and polo venues, on the south side of Okeechobee Blvd between Binks Forest and Palms West Hospital. The property benefits from a paved road and convenient highway access, with new traffic lights at D Rd and Southern Blvd. Currently used as a polo horse farm, the property features 22 stalls within a wood pole barn and a 6-acre Bermuda polo field. The land is fenced, cleared, and graded, and described as high and dry with a drainage ditch. Water and electric are installed. The property currently has an agricultural exemption. An adjacent 5-acre parcel is also for sale at 1100 D Rd, should more than 10 acres be required.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Loxahatchee Groves
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.27143
    Latitude
    26.693525

    Nearby Similar for Sale

    • $589,088
      5.03 Acres

      Five Acre Loxahatchee Groves Parcel

      Five acre parcel suitable for equestrian or agricultural use.
      15595 43Rd Rd N, Loxahatchee Groves, FL 33470
      View Details
    • $2,499,000
      10.00 Acres

      Equestrian Property Near Wellington Venues

      10-acre equestrian property in Loxahatchee Groves, minutes from Wellington.
      1044 D Rd, Loxahatchee Groves, FL 33470
      View Details
    • $1,435,000
      5.00 Acres

      Equestrian Property Near Wellington Venues

      5-acre equestrian property with barn, near Wellington horse show.
      1100 D Rd, Loxahatchee Groves, FL 33470
      View Details
    • $7,250,000
      19.33 Acres

      Loxahatchee Groves Dock Property

      Dock property in Loxahatchee Groves, Florida, for sale.
      Folsom Rd, Loxahatchee Groves, FL 33470
      View Details
    • $3,299,000
      20.00 Acres

      Producing Exotic Fruit Tree Orchard

      20-acre Loxahatchee Groves orchard with diverse fruit trees.
      3057 D Rd, Loxahatchee Groves, FL 33470
      View Details
    • $1,895,000

      Loxahatchee Groves Agricultural Opportunity

      10-acre parcel ideal for a dream home or equestrian estate.
      2275 B Rd, Loxahatchee Groves, FL 33470
      View Details
    • $750,000

      Loxahatchee Groves Mixed-Use Land

      5-Acre Florida property; build your dream!
      3556 B Rd, Loxahatchee Groves, FL 33470
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - 10-acre equestrian property in Loxahatchee Groves, near Wellington.
    Where is this horse & equestrian property located?
    The property is located at 1044 D Rd Loxahatchee Groves, FL.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: - 10-acre equestrian property, less than 15 minutes from Wellington horse show and polo venues.; - Currently used as a polo horse farm with **22 stalls** and a **6-acre Bermuda polo field.**; - Fenced, cleared, graded, high and dry land with water and electric installed.
    (561) 798-8080
    Request Owner's contact information
    1044 D Rd 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.
    1044 D Rd
    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
    1044 D Rd 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
    Catherine M Roze
    Catherine M Roze
    Real Estate License ID: 3278531
    (561) 798-8080 (305) 467-8895 (561) 201-9970
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!