Price Reduced 8.33%
Price History
$1,200,000
10/9/2023
$1,100,000
2/16/2024
4526 S Military Trail, Lake Worth, FL, 33463
40,555 sqft
EXCELLENT OPPORTUNITY FOR SALE OR JOINT VENTURE 0.93 ACRES OF COMMERCIAL LAND IN LAKE WORTH, FL. THIS PARCEL OF LAND HAS APPROX 160' OF DIRECT FRONTAGE ON S MILITARY TRAIL WITH GREAT VISIBILITY. IT IS LOCATED IN A HEAVY TRAFFIC AREA WITH AN AADT OF 36,000 (2022 FDOT) AND JUST SOUTH OF LAKE WORTH RD, WHICH HAS AN AADT OF 43,000. FURTHERMORE, IT IS WITHIN A DEMOGRAPHICALLY DENSE AREA, AS THE 5-MILE POPULATION IS OVER 340,000. ZONED UI-URBAN INFILL, THIS PARCEL CAN ACCOMMODATE -SUBJECT TO COUNTY APPROVAL- DIFFERENT USES, SUCH AS BANKS, AUTO PARTS STORES, OTHER AUTOMOTIVE USES, DAYCARE CENTERS, URGENT MEDICAL CARE, RESTAURANTS, MEDICAL/DENTAL, RETAIL AND MORE. ALSO, THIS PARCEL IS LOCATED IN AN SBA QUALIFIED HUBZONE (TRACT ID: 12099004904). PLEASE INQUIRE FOR OFFERING MEMORANDUM.
Status:
Active
Type:
Lot / Acreage
Zoning:
UI-URBAN INFILL
Frontage:
160.00
Subdivision:
UNINCORPORATED PALM BEACH COUNTY
Acreage:
0.93
Est. Taxes:
$6,971
Lot Description:
1/2 to < 1 Acre,Public Road
MLS #:
RX-10926339
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