Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Corkscrew Blvd Clewiston, FL 33459

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    28-Acre Sod Farm, Hwy 27 Frontage

    Property Features for 0 Corkscrew Blvd

    General Information

    Property type
    Specialty properties

    We can help!

    Listing Contact
    Kersten Maxson
    Kersten Maxson

    Listing Agency: Antonio Perez PA Listing Agent: Kersten Maxson

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

    Learn more

    Overview

    This exceptional 28.48-acre sod farm presents a unique investment opportunity in Clewiston, Florida. Located on Corkscrew Boulevard, this property boasts 1834 square feet of highway frontage along US Highway 27, providing excellent visibility and accessibility. The land is classified as AG Production (AP) with a Land Use Code of 6900 (Ornamental/MISC AG), reflecting its suitability for continued sod farming operations. The rich, fertile muck soil is a rare and valuable asset, ideal for cultivating high-quality sod. Existing infrastructure includes a pump and irrigation system, simplifying operations and maximizing yield. The property's location within an IRS Qualified Opportunity Zone (IRS QOZ) offers significant tax advantages for investors. Furthermore, the area features readily available utilities, including electricity, fiber optic internet, and municipal water supply, along with paved roads for easy access. Homesites are also present along Corkscrew Boulevard, adding potential for future development. This property is situated in unincorporated Palm Beach County, Florida, with a zip code of 33459. The asking price is $1,800,000. This is a rare opportunity to acquire a productive and strategically located agricultural property with significant upside potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clewiston
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.80684
    Latitude
    26.6930897

    Nearby Similar for Sale

    • $11,500,000
      33.14 Acres

      33.14 Acre Cold-Chain Logistics Site

      33.14 acre site ideal for cold-chain and logistics.
      15877 E Sr 80, Clewiston, FL 33440
      View Details
    • $980,250
      13.07 Acres

      Highway Frontage Clewiston Land

      13 acres on Hwy 27, currently a nursery.
      50395 Corkscrew Blvd, Clewiston, FL 33440
      View Details
    • $349,900
      Pending

      Secluded Land with Mobile Home

      7.43 acres with mobile home near Clewiston, Florida.
      1980 Al Don Farming Rd, Clewiston, FL 33440
      View Details
    • $10,000,000
      231,332 SF

      126-Unit HAP-Assisted Apartment Complex

      126-unit apartment complex in Clewiston, 97%+ occupancy, HUD-backed rents.
      700 Harlem Tenants Cir, Clewiston, FL 33440
      View Details
    • $4,400,000

      Historic Clewiston Inn For Sale

      Charming 57-room inn in South Florida's sugar cane country.
      108 Royal Palm Ave, Clewiston, FL 33440
      View Details
    • $499,000

      Palm Beach County Development Opportunity

      Five-acre property suitable for farming and recreational use.
      80 State Rd Miami Canal Rd, Clewiston, FL 33440
      View Details
    • $1,500,000

      Farmhouse on 5 Acres

      4-bedroom, 3-bath farmhouse on 5 acres in Clewiston, FL.
      842 Hunting Club Ave, Clewiston, FL 33440
      View Details
    • $10,000,000

      126-Unit HAP-Assisted Apartment Complex

      Fully HAP-assisted 126-unit apartment complex in Clewiston, Florida.
      700 Harlem Tenants Cir, Clewiston, FL 33440
      View Details
    • $685,000
      5,000 SF

      Clewiston Mixed-Use Investment Opportunity

      High-traffic retail space, vacant, ready to lease.
      225 Ventura Ave, Clewiston, FL 33440
      View Details
    • $425,000
      1,860 SF

      Clewiston Mixed-Use Commercial Property

      2.5-Acre Commercial Property, Multiple Buildings
      2470 Hendry Isles Blvd, Clewiston, FL 33440
      View Details
    • $685,000
      3,708 SF

      Clewiston Mixed-Use Commercial Building

      High-traffic location, versatile space, great visibility.
      225 Ventura Ave, Clewiston, FL 33440
      View Details
    • $4,000,000
      13,813 SF

      Clewiston Retail Center - Hwy 27

      High-visibility retail space, drive-thru available.
      520 Sugarland Hwy, Clewiston, FL 33440
      View Details

    FAQs

    What type of property is this?
    Specialty property - 28-Acre Sod Farm, Hwy 27 Frontage
    Where is this specialty property located?
    The property is located at Corkscrew Blvd Clewiston, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 28.48-acre sod farm in Clewiston, FL.; 1,834 SF of US Highway 27 frontage.; AG Production (AP) zoning, Land Use Code 6900 (Ornamental/MISC AG).
    (954) 557-4362 Call to check price and availability
    Request Owner's contact information
    Corkscrew Blvd Clewiston, FL 33459
    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.
    Corkscrew Blvd
    Clewiston, FL 33459
    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
    Corkscrew Blvd Clewiston, FL 33459
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kersten Maxson
    Kersten Maxson
    Real Estate License ID: 258033269
    (954) 557-4362 (863) 983-1012
    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!