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    1381 State Rd 7 Wellington, FL 33414

    Sponsored
    For Sale
    Contact for pricing

    Prime 3.53-acre site, approved for development.

    Property size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a 3.53-acre development site in Wellington, Florida, perfectly situated for a medical office complex. This prime parcel is part of the 115-acre Lotis Wellington Master Development, located at 1381 S State Road 7, and boasts approved plans for two three-story medical office buildings totaling 60,000 square feet. The property benefits from a highly visible location on a fully signalized intersection along South State Road 7, just north of Forest Hill Boulevard, providing excellent signage opportunities and high traffic exposure. Its proximity to Wellington Regional Hospital and The Mall at Wellington Green further enhances its desirability. Convenient access to a major north-south arterial road and Florida's Turnpike ensures easy commutes for patients and staff. The site's zoning (MUPD) allows for the construction of the approved medical office buildings. This location offers proximity to a wealth of retail, restaurants, and entertainment options, creating a desirable environment for both medical professionals and patients. The site's strategic location and approved plans present a unique opportunity for significant return on investment in a thriving market. The property is zoned for medical office use.

    Property Features for 1381 State Rd 7

    General Information

    Property type
    Medical offices
    Square Feet
    60,000 SF
    Lot Size
    153,767 SF

    Building Details

    Buildings
    2
    Stories
    3

    HighLights

    • 3.53‑acre site approved for medical office development.
    • Part of the 115‑acre Lotis Wellington Master Development.
    • Approved plans for two 3‑story medical office buildings totaling 60,000 square feet.
    • High‑visibility location on a signalized intersection on S State Road 7, offering excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Wellington
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.203281228636
    Latitude
    26.656435091729

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    FAQs

    What type of property is this?
    Medical office - Prime 3.53-acre site, approved for development.
    Where is this medical office located?
    The property is located at 1381 State Rd 7 Wellington, FL.
    What are key features of this property?
    This property features: 3.53-acre site approved for medical office development.; Part of the 115-acre Lotis Wellington Master Development.; Approved plans for two 3-story medical office buildings totaling 60,000 square feet.
    Request Owner's contact information
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    Wellington, FL 33414
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    Realmo Value Estimation

    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.

    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.

    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
    1381 State Rd 7 Wellington, FL 33414
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