0 Citrus Blvd Palm City, FL 34990
This exceptional 300-acre commercial and industrial land parcel presents a unique development opportunity in Palm City, Florida. Strategically located between the Florida Turnpike and I-95, just south of the C-23 canal, this is the largest centrally located tract in Martin County. The property boasts entitlements for up to 2,000,000 square feet of development, encompassing a diverse range of uses. Available tracts range from 5 to 13+ acres, offering flexibility for various project scales. Permitted uses include mixed-use, apartment, hotel, office buildings, retail spaces, medical facilities, industrial, distribution, warehouse, and greenhouse developments. Outside storage is also permitted. This site is part of a larger planned development, including a significant mixed-use town center approved for 290,000 square feet of retail and office space. The location offers excellent access to major transportation arteries and a growing community. A portion of the land is designated for preservation as natural open space, enhancing the overall appeal and sustainability of the development. This presents a rare chance to acquire a substantial land holding with significant development potential in a high-growth area. The property is situated on SW Citrus Blvd, Palm City, FL 34990, in Martin County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.