for sale - loopnet€¦ · household income of $117,418 • medical or dental laboratorymultiple...
TRANSCRIPT
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
[email protected] 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:
Land Area:
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