Property profile

0000 State Rd West Palm Beach, FL 33401

OFF-MARKET
Land
30 ac lot
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Property summary

AI-generated overview

This exceptional 30-acre agricultural property in West Palm Beach, Florida, presents a unique investment opportunity. Located on State Road 880 in Palm Beach County (zip code 33401), this land boasts Ag. Production zoning, ideal for various agricultural uses. Previously a sugar mill, the site offers significant potential for redevelopment. The current owner has been actively improving the land by filling it with recycled lime, enhancing its suitability for future projects. Further enhancing accessibility, a new access bridge is currently under construction. The property's strategic location is surrounded by thousands of acres of sugarcane fields, providing a strong agricultural context. With a price of $1,200,000 ($50,000/acre), this farmland offers excellent frontage on County Road 880 and represents a compelling investment in Palm Beach County's thriving agricultural sector. The property's history, ongoing improvements, and prime location combine to create a rare opportunity for discerning buyers. Detailed information on permitted uses is available upon request.

Property profile

Verified
Property type Land
Lot 30 ac (1,306,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0000 State Rd West Palm Beach, FL 33401
West Palm Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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