for sale - loopnet€¦ · household income of $117,418 • medical or dental laboratorymultiple...

INVESTMENT HIGHLIGHTS PERMITTED USES• 9.23 AC+ Development Site with 440 ft. of US

441/SR 7 frontage (40,000 VPD)• Site is entitled for 123,004 SF of Medical

Professional Office (25% Medical) and 485 parking spaces (3.9/1000 SF)

• Other Potential Uses with BCC Approval: Congregate (ALF) Living Facility, Type 3 (150+ beds), Financial Institution, Restaurant, R&D, Day Care or Charter School

• Very affluent neighborhood with average household income of $117,418

• Multiple medical centers in the area such as; Wellington Medical center, Compass, JFK, Select Specialty and Bethesda Hospital

FOR SALE4473 N State Road 7 Lake Worth, Palm Beach County, Florida

9.23 AC+ Dev. Land along State Rd 7 / US 441

For information call Stephen Nostrand, 786.405.1168

snostrand@onecommercialre.com1000 Brickell Ave. Suite 500 Miami, FL 33131 305.704.9787

Information furnished regarding this property is from sources deemed reliable, but no warranty or representation as to the accuracy thereof and it is submitted subject to errors, omissions, prior sale, lease or withdrawal without prior notice.

PRICE

9.23 AC+ Dev. Land

Lake Worth Rd

State Rd 7

40k car daily traffic count

An abundance of Luxury neighborhoods, Golf courses and Shopping centers in the area.

$5 MillionAsking Price

Congregate Living Facility, Type 3 Subject to BCC Approval

Financial Institution Subject to BCC Approval

Office, Business or Professional Permitted By Right

Medical or Dental Office Permitted By Right

Veterinary Clinic Subject to BCC Approval

Work/Live Space Permitted By Right

Day Care Limited Subject to DRO Approval

Day Care General Subject to BCC Approval

School - Elementary or Secondary Subject to BCC Approval

Medical or Dental Laboratory Permitted By Right

Research and Development Subject to BCC Approval

Location:

Address:

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APN Number :

The property is located on State Road 7 / US 441 between Lantana Road and Lake Worth Road in Western Palm Beach County. It is in proximity to many medical centers and affluent communities.

4473 N State Road 7 Lake Worth, Palm Beach County, Florida

00-42-43-27-05-027-0222

9.23 AC/ 402,058 SF

Property can be accessed via State Road 7/ US 441, a major North /South corridor of the area.

Class A professional and medical office park. The site consists of 9.23 acres and has entitlements in place to construct four, two story medical office and professional office buildings consisting of 30,751 SF each equating to 123,004 SF (25% medical). 485 parking spaces ( 3.9/ 1,000 SF).

MUPD (Multiple Use Planned Dev)/CLO(Commercial Low Office)

Congregate (ALF) Living Facility, Type 3 (150+ beds), Financial Institution, Restaurant, R&D, Day Care or Charter School

Access:

Entitled Project:

Zoning/Land Use:

Other Uses:

FOR SALE4473 N State Road 7 Lake Worth, Palm Beach County, Florida

9.23 AC+ Dev. Land along State Rd 7 / US 441

1000 Brickell Ave. Suite 500 Miami, FL 33131 305.704.9787One Commercial Real Estate

FOR SALE4473 N State Road 7 Lake Worth, Palm Beach County, Florida

9.23 AC+ Dev. Land along State Rd 7 / US 441

Lantana Rd

W Boyton Beach Blvd

Lyons Rd

S State Rd 7

Fl Turnpike

1000 Brickell Ave. Suite 500 Miami, FL 33131 305.704.9787

Stribling Way

Forest Hill Blvd

Lake Worth Rd

Hypoluxo Rd

The Mall at Wellington GreenWhole Foods MarketChili’s Grill and Bar

Wycliffe Dental CenterSubwayPNC BankWalgreensChevron

Chase BankSunTrustBone Fish GrillMobilBurger king

Bank of AmericaWendy’sGoodyear

Olympia of Palm Beach

2018 1 Mile 3 Mile 5 Mile

Population 6,711 51,133 180,456

12 M Growth 8.15% 8.27% 8.43%

Median Age 60 59 56

Median Household Income

$88,230 $90,156 $78,811

Average Household Income

$117,418 $112,398 $94,977

Demographics

Lake Worth Rd

Stat

e Rd

7

Site

Site

One Commercial Real Estate