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Property profile & analytics
OFF-MARKET
Commercial real estate

11255 Ellison Wilson Rd North Palm Beach, FL 33408

1.11 ac lot
Property ID
US18-0123236
Property summary
AI-generated overview

This exceptional 1.11-acre parcel in North Palm Beach, Florida, presents a unique development opportunity. Located at 11255 Ellison Wilson Rd, zip code 33408, in Palm Beach County, this property boasts 115 feet of frontage on the Intracoastal Waterway. The land is zoned RM, permitting multifamily or residential development, and offers significant potential for high-density construction. Its prime location places it directly adjacent to the Palm Beach Ritz Residences, currently under development, and just one block from The Benjamin School, a highly prestigious institution. Access to major transportation routes is readily available. The property's APN is 00434205030000010. This is one of the last remaining vacant lots on the Intracoastal in Palm Beach County, making it a truly rare and valuable acquisition. The potential for expansion exists, with the possibility of acquiring up to 3.75 acres total. This exceptional property offers investors a chance to capitalize on a thriving location and create a significant development.

Property profile
Verified
Property type Commercial real estate
Lot 1.11 ac (48,352 SF)
APN 00434205030000010
UPID US18-0123236
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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