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    OFF-MARKET
    Showrooms

    14375 Okeechobee Blvd, Loxahatchee, FL 33470-4987

    800 SF 9.92 ac lot Built 1986
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US18-1930127
    Property summary
    AI-generated overview

    This exceptional $3,500,000 mixed-use property, located at 14375 Okeechobee Boulevard in Loxahatchee Groves, Florida (zip code 33470), presents a rare opportunity. The 800 square foot building sits on a prime 10-acre corner lot at the intersection of Okeechobee Boulevard and D Road, offering unparalleled visibility and accessibility. Its central location in Palm Beach County provides easy access to West Palm Beach, Wellington, and Westlake. This is one of the last large parcels available on Okeechobee Boulevard, with D Road providing direct access to Southern Boulevard. The property boasts an existing irrigation system, ideal for a plant nursery or similar agricultural use. The Ag/Res zoning allows for a diverse range of uses, including residences, caretaker quarters, barns, wholesale nurseries with landscaping operations, covered arenas, and RVs. Agritourism events are permitted. Note that existing nursery stock does not convey with the sale. The property's convenient location offers proximity to the turnpike, airport, fine dining, equestrian events, and beaches. An adjacent property of approximately 20 acres is also available for purchase. All measurements and outlines are approximate. The property is shown by appointment only. This is a unique investment opportunity with significant potential.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1986
    Construction WOOD
    Total area 800 SF
    Lot 9.92 ac (432,316 SF)
    Zoning code AR
    APN 41-41-43-17-01-413-0040
    UPID US18-1930127
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Aequicap Ins Co · 12 yrs held
    Aequicap Ins Co
    since 2014
    4 recorded transactions
    2014
    2014
    2013
    1969
    Zoning & alternative use
    AR · Loxahatchee, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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