15803 Farm Rd Indiantown, FL 34956
- Industrial land
- 1,029 SF
- 0.57 lot acres
Current Use by Public Records
- All About Flowers / Florist
- Indiantown Recycling / Recycling Center / Scrap Metal Dealer
Property Details for 15803 Farm Rd
- Year built
- 1969
- Lot size
- 0.57 lot acres
- Property size
- 1,029 SF
- Property type
- Industrial land
- APN
- 06-40-39-001-001-00020-4
- APU
- 64039001001000204
Property Overview
This 3.66-acre property is located in Indiantown and offers development opportunities. Permitted uses include the development of 20 housing units per acre, light industrial applications, outside storage, manufacturing, and mixed-use projects. Approval was obtained for the installation of a rail spur connecting to the adjacent railroad. Existing infrastructure includes two metal buildings, electric and water utilities, and a truck scale. The property comprises three parcels. The location is within a federally designated opportunity zone, which may offer potential capital gains tax benefits for qualifying businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $280,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $285,000
- Mixed-Use
- $320,000
- Hospitality
- $295,000
- Educational
- $305,000
- Residential Income
- $235,000
- Energy
- $250,000
- Income-Based Land
- $240,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Indiantown
- County
- Martin
- State
- Florida
- Longitude
- -80.4739
- Latitude
- 27.0227
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA