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16169 Southern Blvd
Loxahatchee, FL 33470
Land For Sale · 19.51 AC
PROPERTY FACTS
Property Type | Land | Proposed Use | Commercial |
Property Subtype | Commercial | Total Lot Size | 19.51 AC |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 19.51 AC |
Description
Incredible opportunity to own 19.51 acres of land with 923 ft of frontage on Southern Blvd/SR-80 , located near under construction & proposed new developments of over 10,000 dwelling units and non-residential facilities. Current zoning is CRE (Commercial Recreation), which comes from Palm Beach County Uniform Land Development Code from before the property was incorporated into Loxahatchee Groves in 2009. Due to this factor, there's a great upside opportunity to potentially add, through proper process, additional commercial uses by adopting the town's commercial zoning districts or uses (please inquire). The property is just west of the new Palm Beach State College campus, currently a 54,000 sf educational facility; has plans to hold a total of 10,000 students in 500,000 sf. About the location, Loxahatchee Groves is bounded on the east by Royal Palm Beach, on the south by Wellington and on the west and north by the Acreage. It has an area of approximately 12.5 square miles (32.4 km2). As mentioned, it is the path of exponential growth in the near future and many well known developers have taken the initiative to build brand new sprawling communities around the town giving more prominence. These communities will add to the daily traffic which will heavily depend on Southern Boulevard being the major state road connecting new developments to the Florida Turnpike and I-95. About this, a $33 million Florida Dept of Transportation project that is expected to take 3 years to complete will widen the existing roadway from four to six lanes from west of Lion Country Safari road to the intersection of Forest Hill and Crestwood Boulevards. This 7.2-mile stretch of road runs through Royal Palm Beach, Wellington and Loxahatchee Groves. The project was needed because of the significant amount of new development in the area and a corresponding population increase.
PROPERTY TAXES
Parcel Number | 41-40-43-36-00-000-1020 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $3,215,256 |
PROPERTY TAXES
Learn More About Investing in Land
Listing ID: 14073997
Date on Market: 10/15/2018
Last Updated:
Address: 16169 Southern Blvd, Loxahatchee, FL 33470
The Land Property at 16169 Southern Blvd, Loxahatchee, FL 33470 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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