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    151 State Rd 7 West Palm Beach, FL 33411

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    For Sale
    Contact for pricing

    1.36 Acres, High Traffic, Vacant Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.36-acre vacant commercial land parcel presents a remarkable investment opportunity in the heart of Royal Palm Beach, Florida. Located at 151 South State Road 7, this property boasts a highly desirable location within a thriving regional retail corridor, experiencing a significant daily traffic count of 67,500 vehicles. The site benefits from signalized access directly off of State Road 441, ensuring excellent visibility and convenient accessibility for customers and employees. The property is zoned for retail use, making it ideal for a wide range of commercial developments, from smaller retail shops to larger-scale projects. Its size and location offer significant potential for high returns on investment. The vacant status allows for complete design flexibility, enabling prospective buyers to tailor the development to their specific needs and vision. This prime location in Palm Beach County, Florida, with its strong demographics and robust economy, presents a compelling opportunity for investors seeking a high-traffic, easily accessible site for a new commercial venture. The property's address is 151 South State Road 7, Royal Palm Beach, FL 33411. This is a rare chance to acquire a strategically positioned parcel in a rapidly growing area.

    Property Features for 151 State Rd 7

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • 1.36‑acre vacant commercial land parcel.
    • 67,500 ADT (Average Daily Traffic).
    • Signalized access from State Road 441.
    • Prime retail location in Royal Palm Beach, FL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1986649
    Latitude
    26.7044143

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    FAQs

    What type of property is this?
    Land - 1.36 Acres, High Traffic, Vacant Lot
    Where is this land located?
    The property is located at 151 State Rd 7 West Palm Beach, FL.
    What are key features of this property?
    This property features: 1.36-acre vacant commercial land parcel.; 67,500 ADT (Average Daily Traffic).; Signalized access from State Road 441.
    Request Owner's contact information
    151 State Rd 7 West Palm Beach, FL 33411
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    West Palm Beach, FL 33411
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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
    151 State Rd 7 West Palm Beach, FL 33411
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