Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    5-Acre Lot Near Horse Show Title is generated by Realmo AI

    1557 E Road, Loxahatchee, FL 33470

    View on Map
    Claim this Listing
    For Sale
    $1,025,000

    Road frontage, well, and electric on a 5-acre lot.

    Type:Land & Docks / Agriculture
    Property size:
    217,800 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $4/SF
    Added:
    Feb 24, 2025
    Days on Market:
    465
    Last Refresh:
    Mar 17 at 5:44 am

    Property Features for 1557 E Road

    General Information

    Standard status
    Active
    Size
    217,800 SF
    Lot size
    5.00 Acres
    Property subtype
    Land & Docks / Agriculture

    We can help!

    Listing Contact
    Nicole Liebowitz

    Listing agent Nicole Liebowitz License #3523901

    Listing office Balavaan Realty LLC

    Listing date Feb 24, 2025

    Source Compass

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

    All listing content including descriptions, pricing, images are the copyrighted material of Balavaan Realty LLC

    HighLights

    • 5 acre lot with road frontage
    • Walking distance to THE RIDGE HORSESHOW
    • Well and electric already installed
    • Ready for building: currently being cleared and contains fill
    • Horse amenities: water and electric
    • Opportunity to build a dream farm

    Overview

    This 5-acre lot is well-placed and offers road frontage. It is located within walking distance of The Ridge Horseshow. The lot includes a well and electric. It is currently being cleared and already contains fill. This property is suitable for building a farm.
    Location Intelligence

    Current Use by Public Records

    Travers Farm Food Processing Plant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store Skin Care Clinic Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Loxahatchee
    County
    State
    Florida
    Longitude
    -80.269078
    Latitude
    26.700901

    Nearby Similar for Sale

    • $949,000
      1,995 SF

      Turnkey Medical Office Suite

      Completely remodeled suite with six private offices, two bathrooms, kitchen, and separate physician entrance.
      12959 Palms W Drive, Loxahatchee, FL 33470
      View Details
    • $515,000

      Loxahatchee Cleared Land Opportunity

      1.95 acres of cleared land in rapidly growing Loxahatchee.
      17970 50th St N, Loxahatchee, FL 33470
      View Details
    • $399,000

      Land with Privacy Hedges

      2.07 acre lot with privacy hedges and barns.
      17455 N 49th St N, The Acreage, FL 33470
      View Details
    • $949,900

      Loxahatchee Agricultural Land Opportunity

      8.87 acres of improved agricultural land ready for farming.
      20915 Antoinette Street, Loxahatchee, FL 33470
      View Details
    • $949,000
      1,995 SF

      Turnkey Medical Office Suite

      1,995 SF turnkey office suite on hospital campus.
      12959 Palms West Dr W, Loxahatchee, FL 33470
      View Details
    • $1,125,000
      2,536 SF

      Medical Office Condominium Units

      Two medical office units for sale near HCA Florida Palms.
      13005 Southern Blvd, Unit 124-125, Loxahatchee, FL 33470
      View Details
    • $575,000

      Loxahatchee Land Opportunity

      6.35 acres in Loxahatchee, perfect for agricultural or residential use.
      20637 Simone Drive, Loxahatchee, FL 33470
      View Details
    • $499,000
      1,268 SF

      Medical Office Condo For Sale

      Medical office condo on HCA Florida Palms West Hospital campus.
      13005 Southern Boulevard, Unit 131, Loxahatchee, FL 33470
      View Details
    • $750,000

      Loxahatchee Land: Build Your Dream

      5+ acre parcel in gated community, ideal for estate.
      Foxtrail, Loxahatchee, FL 33470
      View Details
    • $319,000

      Cleared Corner Lot For Sale

      1.60 acre cleared corner lot with frontage on Okeechobee Blvd.
      0000 168th Trl N, The Acreage, FL 33470
      View Details
    • $5,000,000

      Loxahatchee Land For Sale

      5-acre agricultural land available in Loxahatchee, Florida.
      16650 Velazquez Boulevard, Loxahatchee, FL 33470
      View Details
    • $350,000

      Cleared 1.3-Acre Loxahatchee Lot

      Build-ready 1.3-acre lot in Loxahatchee, Palm Beach County, FL.
      17147 71st Lane N, Loxahatchee, FL 33470
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Road frontage, well, and electric on a 5-acre lot.
    Where is this agricultural land / farmland located?
    The property is located at 1557 E Road Loxahatchee, FL.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: 5 acre lot with road frontage; Walking distance to THE RIDGE HORSESHOW; Well and electric already installed
    (954) 218-0507
    We can help!
    Listing Contact
    Nicole Liebowitz
    Real Estate License ID: 3523901
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1557 E Road, Loxahatchee, FL 33470
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!