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    State Road 7 Boynton Beach, FL 33472

    For Sale
    $1,599,500

    SR 7 Commercial Land, Strong Tenant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Boynton Beach property, located at 0 S State Road 7 S, offers a compelling investment opportunity. Priced at $1,599,500, this special purpose land boasts significant frontage along State Road 7 (US 411) – approximately 308 feet – and 283 feet along 92nd Place S. Currently zoned for agricultural uses, it's ideally suited for a nursery, agricultural business, or outdoor storage. The property benefits from its prime location on a major corridor with surrounding commercial, retail, and residential developments. Enjoy convenient proximity to Bethesda Hospital, Publix, Somerset Academy, Boynton Beach Community Church, Winn-Dixie, and Wawa. Well water and electricity are readily available on-site. Currently leased to a reliable tenant with a proven 7+ year rental history, the lease expires in April 2028, secured by a personal guarantee and an option to renew. The current monthly rent is $3,819, providing immediate income potential. This property presents a rare chance to acquire a well-situated, income-producing asset in a thriving South Florida market. The adjacent property is County Line Feed & Supply. The property is located in Palm Beach County, Florida, zip code 33472.

    Property Features for 0 State Road 7

    General Information

    Property type
    Specialty properties

    HighLights

    • Asking Price: $1,599,500
    • Property Type: Special Purpose, Agricultural Zoning
    • Lot Size: 0 sq ft (Additional information needed to confirm actual size)
    • Location: 0 S State Road 7 S, Boynton Beach, FL 33472, High visibility on SR 7 (US 441), 308+ ft frontage on SR 7 and 283+ ft frontage on 92nd Place S. Adjacent to County Line Feed & Supply.
    • Current Lease: Long‑term tenant with a 7+ year history, lease expiring April 2028 with renewal option and personal guarantee. Current monthly rent: $3,819.
    • Nearby Amenities: Close proximity to Bethesda Hospital, Publix, Somerset Academy, Boynton Beach Community Church, Winn‑Dixie, and Wawa. Well water and electricity available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1986649
    Latitude
    26.5410013

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    FAQs

    What type of property is this?
    Specialty property - SR 7 Commercial Land, Strong Tenant
    Where is this specialty property located?
    The property is located at State Road 7 Boynton Beach, FL.
    What is the asking price?
    The asking price for this property is $1,599,500.
    What are key features of this property?
    This property features: Asking Price: $1,599,500; Property Type: Special Purpose, Agricultural Zoning; Lot Size: 0 sq ft (Additional information needed to confirm actual size)
    (561) 484-6833
    Request Owner's contact information
    State Road 7 Boynton Beach, FL 33472
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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
    State Road 7 Boynton Beach, FL 33472
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