Property profile

0 Hadjes Dr Wellington, FL 33467

OFF-MARKET
Land
2.2 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.2-acre commercial land parcel presents a unique investment opportunity in Lake Worth, Florida (unincorporated Palm Beach County). Boasting approximately 218 feet of frontage on Hadjes Drive, this property offers excellent visibility and accessibility. Its strategic location just off Lake Worth Road, a major thoroughfare with an AADT of 42,000 (2022 FDOT data), and its proximity to the Florida Turnpike ramp (AADT 83,000, 2022 FDOT data) ensure high traffic exposure. The site is situated within a densely populated area, with over 277,000 residents within a 5-mile radius. Currently zoned RM - Multi-Family (Medium Density), the property is part of a larger development, and its current permitted uses, subject to necessary approvals, include a wide range of civic uses such as daycare, places of worship, congregate living facilities, schools, assembly spaces, skilled nursing or residential treatment facilities, and government services. Interested parties should independently verify permitted uses with Palm Beach County Planning & Zoning. The asking price for this remarkable property is $1,500,000. The APN is 00424327050231100. This is an unparalleled chance to acquire a substantial land holding in a high-growth area.

Property profile

Verified
Property type Land
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

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

Location

Hadjes Dr Wellington, FL 33467
Wellington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Hadjes Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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