6255 Okeechobee Blvd West Palm Beach, FL 33417-4329
This exceptional 7-acre commercial land parcel presents a remarkable investment opportunity in West Palm Beach, Florida. Located at 6255 Okeechobee Boulevard, this property boasts unparalleled visibility and accessibility. Direct frontage on the six-lane Okeechobee Boulevard ensures high traffic exposure, while its proximity to the Florida Turnpike entrance/exit ramp guarantees exceptional visibility and convenient access. The property is situated in unincorporated Palm Beach County and is zoned CG, offering a wide range of development possibilities. Its strategic location provides immediate access to the Florida Turnpike, is within two miles of I-95, and just 1.5 miles from West Palm Beach Airport. The site's characteristics make it ideally suited for various commercial developments, including automotive or medical facilities. The asking price for this prime commercial land is $16,500,000, representing a price per acre of $2,358,000. This is a rare opportunity to acquire a large, strategically located parcel with significant development potential in a thriving Florida market. The corporate ownership structure ensures a streamlined transaction.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · West Palm Beach, FLWest Palm Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.