6960 Lake Worth Rd Lake Worth, FL 33467
For Sale
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Major PRICE DROP for sale (property purchased at $850,000 in 2022) —land development opportunity for owner use or investment. This site is in a prime location with high visibility and a daily traffic count of 50,581 vehicles (2024), making it ideal for various commercial ventures - currently zoned AR. The property has undergone significant improvements, including site clearing, a full drainage and retention system (existing catch basins), and preliminary civil and survey work. A Civil Plan and Boundary Survey are available for review. The existing retention system is subject to future impervious surface development. Strategically located just 20 minutes from the coast, the site offers easy access to major highways and commercial hubs. The lot features two-way ingress and egress on a major commercial road, ensuring accessibility. Development opportunities remaining on Lake Worth Rd are increasingly scarce, making this a valuable investment for business owners and developers. The property will need to go through the re-zoning process for the future applicable use. Contact us today for more details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.