Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Income-Producing Land on SR 7 Title is generated by Realmo AI

    0 S State Road 7 S, Boynton Beach, FL 33472

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Agricultural land with long-term tenant and income on SR 7.

    Type:Special Purpose
    Added:
    Oct 2, 2023
    Days on Market:
    971
    Last Refresh:
    May 12 at 9:32 pm

    Property Features for 0 S State Road 7 S

    General Information

    Standard status
    Active
    Property subtype
    Special Purpose

    We can help!

    Listing Contact
    HURCHELL WILLIAMSON

    Listing agent HURCHELL WILLIAMSON

    Listing office United Team Realty

    Listing date Oct 2, 2023

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of United Team Realty

    HighLights

    • Current income‑producing property with long‑term tenant (7+ years) and lease expiring in 04/2028 with renewal option.
    • High‑traffic location on SR 7 (US 411) with 308+\/- feet of frontage.
    • Zoned for Agricultural Uses, ideal for nursery, agricultural business, or outdoor storage.
    • Owner financing available.
    • Well water and electric available onsite.
    • Close proximity to Bethesda Hospital, Publix, Winn‑Dixie, Wawa and other major shopping and community locations.

    Overview

    This agricultural land is currently generating income and is zoned for agricultural uses, making it suitable for a nursery, agricultural-related business, or outdoor storage. The property features approximately 308 feet of frontage along SR 7/SR441 and about 283 feet along 92nd Place S. It is located on a major corridor with commercial, retail, and residential developments and is adjacent to County Line Feed & Supply to the south. The site is in close proximity to Bethesda Hospital and major shopping plazas, including Publix, Somerset Academy, Boynton Beach Community Church, Winn-Dixie, and Wawa. Well water and electricity are available on-site. The property is currently leased to a long-term tenant with a solid rental record of over 7 years. The lease expires in April 2028, with an option to renew. The current monthly rent is $3,819.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.205602
    Latitude
    26.545559

    Nearby Similar for Sale

    • $1,600,000
      2,132 SF

      Medical/Professional Building Near Hospital

      Prime location near hospital, ideal for medical or professional use.
      2419 S Seacrest Boulevard, Boynton Beach, FL 33435
      View Details
    • $1,350,000
      3,500 SF

      Boynton Beach 8-Unit Apartment Building

      Turnkey apartment building with government-guaranteed income and value-add opportunity.
      526 NW 12th Avenue, Boynton Beach, FL
      View Details
    • $724,998
      2,503 SF

      Boynton Beach Income-Producing Duplex

      Income-generating duplex in Boynton Beach's redevelopment district.
      400 NE 2nd Street, Boynton Beach, FL 33435
      View Details
    • $1,150,000

      Boynton Beach Commercial Land Opportunity

      0.99-acre lot in Boynton Beach, ideal for office use.
      8301 S Military Trl, Boynton Beach, FL 33436
      View Details
    • $1,500,000
      2,367 SF

      Renovated Triplex in Boynton Beach

      Fully renovated triplex in prime Boynton Beach location near the beach.
      4603 N Ocean Boulevard, Boynton Beach, FL 33435
      View Details
    • $925,000
      1,326 SF

      Boynton Beach Duplex Near Ocean

      Unique duplex near the ocean, perfect for homeowners or investors.
      14 South Lane, Boynton Beach, FL 33435
      View Details
    • $250,000
      1,200 SF

      Established Dry Cleaning Business Opportunity

      Turnkey dry cleaning business in Boynton Beach, operating since 2004.
      10114 S Military Trl, Boynton Beach, FL 33436
      View Details
    • $12,750,000
      63,663 SF

      Boynton Beach Commercial Property For Sale

      Commercial property available in Boynton Beach, Florida.
      1500 High Ridge Road, Boynton Beach, FL
      View Details
    • $4,850,000
      10,192 SF

      Freestanding Restaurant in Active Corridor

      Versatile commercial property in Boynton Beach's established retail area.
      389 Winchester Park Blvd, Boynton Beach, FL 33436
      View Details
    • $215,000
      1,300 SF

      Boynton Beach Beauty Salon Opportunity

      Established beauty salon with 8 stations in high-traffic location.
      510 E Ocean Avenue, Boynton Beach, FL 33435
      View Details
    • $2,900,000

      Boynton Beach Development Opportunity

      0.91 acres with approved plans for luxury townhomes.
      3045 N Federal Highway, Boynton Beach, FL 33483
      View Details
    • $498,000

      Fruit-Producing Land in Boynton Beach

      Land with income potential from established fruit trees.
      NW 7th Court, Boynton Beach, FL 33426
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Agricultural land with long-term tenant and income on SR 7.
    Where is this agricultural land / farmland located?
    The property is located at 0 S State Road 7 S Boynton Beach, FL.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: Current income‑producing property with long‑term tenant (7+ years) and lease expiring in 04/2028 with renewal option.; High‑traffic location on SR 7 (US 411) with 308+\/- feet of frontage.; Zoned for Agricultural Uses, ideal for nursery, agricultural business, or outdoor storage.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    HURCHELL WILLIAMSON
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    0 S State Road 7 S, Boynton Beach, FL 33472
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!