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9300 Old Dixie Hwy - 9300 Old Dixie Highway
1.74 Acres of Commercial Land Offered at $795,000 in West Palm Beach, FL
ABOUT 9300 Old Dixie Hwy , West Palm Beach, FL 33403
| Price | $795,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.74 AC |
| Property Type | Land | Opportunity Zone | No |
1 Lot Available
Lot
| Price | $795,000 | Lot Size | 1.74 AC |
| Price Per AC | $456,897 |
Soon to be at the corner of Congress and Richard Road. Slated for 2020 Build of Road. Good flexible zoning of LI in West Palm Beach.
Description
Site: 1.74 acres or 75,749 SF lot. Location: Located on the East side of Old Dixie Highway approximately 1/4 mile north of Northlake Boulevard on the Southeast corner of Old Dixie Highway and Richard Road, North Palm Beach, FL 33408. Zoning: Currently (CG) Commercial General – Unincorporated Palm Beach County. Since the property was Annexed into the Village of North Palm Beach, rezoning to (IL) Light Industrial – North Palm Beach will be required as a condition of any new development. This zoning district allows a variety of commercial and industrial uses. Utilities: Water and sewer is onsite. Electric is supplied by Florida Power & Light. Site Plan: The property is site plan approved and vested for a 21,300 SF multi-tenant office/warehouse condominium building with ±14,910 SF of warehouse space and ±6,390 SF of office space. Congress Avenue Extension: Palm Beach County is extending Congress Avenue north from Northlake Boulevard then east terminating at Alternate A-1-A. This will bring phenomenal exposure and traffic to the site as the intersection at Richard Road will be expanded. This road extension will take out many of the mobile homes to the west of this project and will revitalize and spur redevelopment in the immediate area. Amenities: The site is within 2 miles of Interstate 95 at Northlake Boulevard provides quick access to the Interstate and a variety of “big-box” retail stores, neighborhood centers, restaurants and services within minutes of the site. Asking Price: $795,000 cash to Seller
Investment Highlights
- Located in the highly desireable Village of North Palm Beach
- Great location in Northern Palm Beach County
- Close to Interstate 95 and many ameneties
- One of the only lots in the Village with a Future Land Use of Industrial
- The new Congress Avenue extension provides upside development potential for the site
- New Mercedes Benz dealership expansion in progress east of site
Transportation
Commuter Rail |
||
|---|---|---|
|
Mangonia Park Commuter Rail (Tri-County Commuter)
  |
10 min drive | 4.4 mi |
|
West Palm Beach Commuter Rail (Tri-County Commuter)
|
15 min drive | 7.7 mi |
|
||
|---|---|---|
|
Palm Beach International Airport
|
22 min drive | 14.2 mi |
PROPERTY TAXES
| Parcel Number | 68-43-42-17-00-000-7190 | Improvements Assessment | $0 (2019) |
| Land Assessment | $449,884 (2019) | Total Assessment | $449,884 (2019) |
zoning
| Zoning Code | IL (Light Industrial NPB) |
Suite 100
Palm Beach Gardens,
FL - 33410
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