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

    6000 Canal Dr Greenacres, FL 33463

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

    13 Shovel-Ready Single-Family Lots

    Property Features for 6000 Canal Dr

    General Information

    Property type
    Specialty properties

    We can help!

    Listing Contact
    Hermann Zingg
    Hermann Zingg

    Listing Agent: Hermann Zingg

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

    Learn more

    Overview

    This exceptional development opportunity presents 13 single-family residential (SFR) lots in a prestigious Palm Beach County, Florida, golf course enclave. Located at 6000 Canal Drive, Lake Worth, FL 33463, this Planned Unit Development (PUD) offers a unique combination of luxury and convenience. The project boasts a prime location within a top-rated public golf course, yet requires no membership and features a low HOA fee. Each lot is designed for ample, modern home construction, providing an unparalleled level of privacy with no adjacent neighbors, back-to-back lots, or front-facing lots. Residents will enjoy stunning panoramic views of the golf course and surrounding natural landscape, enhanced by a private interior lake. The development's impressive amenities include a modern guard house, attractive entrance features, meticulously landscaped grounds, brick paver roads, and a private bridge entrance spanning a long canal. All underground utilities, roads, curbs, and the bridge are already completed, making this a truly shovel-ready project. This is a rare opportunity to acquire a piece of this exclusive community, limited to just 13 discerning buyers. The asking price for the entire development is $14,500,000. This represents a significant value proposition considering the quality of the design, the location, and the completed infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenacres
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.129561
    Latitude
    26.563539

    Nearby Similar for Sale

    • $795,000

      Office Building on Lake Worth

      Commercial office building with high traffic and expansion potential.
      4736 Lake Worth Rd, Greenacres, FL 33463
      View Details
    • $3,000,000

      Commercial Property on Jog Road

      Commercial property with building in progress on Jog Road.
      3535 S Jog Rd, Greenacres, FL 33467
      View Details
    • Contact for pricing
      3,524 SF

      Greenacres Car Wash Investment Opportunity

      NNN leased car wash with annual rent increases.
      6200 Lk Worth Rd, Greenacres, FL
      View Details
    • $90,000

      Established Medical Practice For Sale

      Medical practice with established patient base and high-traffic location.
      5970 Jog Rd, Greenacres, FL 33467
      View Details
    • Contact for pricing
      0.45 Acres

      Prime Greenacres Office Space for Lease

      Modern Office, High Visibility, 305 SF
      3379 Military Trl, Greenacres, FL 33463
      View Details
    • $140,000
      1,200 SF

      Turnkey Restaurant in Greenacres, Florida

      Fully equipped restaurant for sale in high-traffic Greenacres location.
      3092 S Jog Rd, Greenacres, FL 33463
      View Details
    • $139,000

      Established Restaurant - Greenacres, FL

      Turnkey Restaurant, Loyal Clientele, High Profits
      00000 Jog Rd, Greenacres, FL 33467
      View Details
    • $139,000

      Established Restaurant - Greenacres, FL

      Profitable Restaurant, Turnkey Operation
      00000 Jog Rd, Greenacres, FL 33467
      View Details
    • Contact for pricing
      1.00 Acre

      Lake Worth Road Retail Suite

      High-traffic retail space, prime location.
      6159 Lk Worth Rd, Greenacres, FL 33463
      View Details
    • Contact for pricing
      1.20 Acres

      Greenacres Commercial Space for Lease

      High-visibility suite, ample parking, ideal location.
      5700 Lk Worth Rd, Greenacres, FL 33463
      View Details
    • $2,500,000
      0.66 Acres

      Prime Greenacres Retail Opportunity

      High-traffic location, 0.66-acre lot.
      5371 10 Ave, Greenacres, FL 33463
      View Details
    • $799,000

      Greenacres Mixed-Use Development Opportunity

      Prime Jog Road location; office & townhouses.
      3494 Jog Rd, Greenacres, FL 33467
      View Details

    FAQs

    What type of property is this?
    Specialty property - 13 Shovel-Ready Single-Family Lots
    Where is this specialty property located?
    The property is located at 6000 Canal Dr Greenacres, FL.
    What is the asking price?
    The asking price for this property is $14,500,000.
    What are key features of this property?
    This property features: 13 single-family residential lots in a prestigious Palm Beach County golf course community.; Lake Worth, FL location at 6000 Canal Drive.; Planned Unit Development (PUD) with low HOA fees; no golf course membership required.
    (786) 426-6496 Call to check price and availability
    Request Owner's contact information
    6000 Canal Dr Greenacres, FL 33463
    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.
    6000 Canal Dr
    Greenacres, FL 33463
    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
    6000 Canal Dr Greenacres, FL 33463
    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 Hermann Zingg
    Hermann Zingg
    Real Estate License ID: 3041458
    (786) 426-6496
    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!