7941 State Road 7 Wellington, FL 33449
This exceptional 105,000-square-foot warehouse, built in 2019, presents a unique investment opportunity in Lake Worth, Florida. Located on a substantial parcel of land, this turnkey operation boasts a strategic location with direct access to US Highway 441. The property features a fully operational greenhouse, previously used for aquaponics, spanning nearly 56 acres and including a deep-water lake with a boat ramp. The warehouse itself offers 24-foot ceiling heights, two loading docks, ample storage, three offices, a meeting room, and a kitchen/lunchroom. Employee and guest parking is readily available with 24 designated spaces. The facility includes two cold storage rooms with fast-track doors, a maintenance room, and a separate dry storage warehouse. Two distinct refrigeration systems serve the processing and cold storage areas. The office and cafeteria are climate-controlled with central AC. Additional space exists on the second floor, with available engineered plans for buildout. The property also includes a one-bedroom, one-bathroom house, sold "as is." Three bathrooms are located within the main warehouse structure: a men's room (two toilets, one urinal), a women's room (three toilets), and a guest bathroom (one toilet). This versatile property offers significant potential for various industrial uses, including hydroponics, with minimal capital expenditure required for conversion. The asking price is $8,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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