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S STATE ROAD 7 S STATE ROAD 7 - CANYON LAKES PRESERVE

2 Acres of Agricultural Land Offered at $1,599,500 in Boynton Beach, FL 33472

Investment Highlights

  • Located on Highway 441/S US Highway 441
  • 20 minutes from Palm Beach International Airport
  • One mile from Baptist Health Bethesda Hospital West

Executive Summary

*CURRENT INCOME PRODUCING LAND ON SR 7 (US 411) The property is zone for Agricultural Uses. Perfectfor Nursery or Agricultural Related Business/Outdoor storages. Frontage includes 308± Feet along SR 7 / SR441 and 283± Feet along 92nd Place S. Adjacent to County Line Feed & Supply to the South. Located on Major Corridor with Commercial, Retail and Residential Developments**Close proximity to Bethesda Hospital and major shoping plazas including Publix, Somerset Academy, Boynton Beach Community Church, Winn-Dixie, Wawa and more. Well Water and Electric Available Onsite* The property is currently leased to a very strong long-term tenant with 7+years solid rental record. Leases expired on 04/2028 with personal-guarantee remaining with option to renew. Curent monthly rent amount $3,819.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $1,599,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 2.00 AC
Cross Streets 92ND PLACE SOTH

1 Lot Available

Lot

Price $1,599,500
Price Per AC $799,750
Lot Size 2.00 AC

*CURRENT INCOME PRODUCING LAND ON SR 7 (US 411) The property is zone for Agricultural Uses. Perfectfor Nursery or Agricultural Related Business/Outdoor storages. Frontage includes 308± Feet along SR 7 / SR441 and 283± Feet along 92nd Place S.

Description

**CURRENT INCOME PRODUCING LAND ON SR 7 (US 411) The property is zone for Agricultural Uses. Perfectfor Nursery or Agricultural Related Business/Outdoor storages. Frontage includes 308± Feet along SR 7 / SR441 and 283± Feet along 92nd Place S. Adjacent to County Line Feed & Supply to the South. Located on Major Corridor with Commercial, Retail and Residential Developments**Close proximity to Bethesda Hospital and major shoping plazas including Publix, Somerset Academy, Boynton Beach Community Church, Winn-Dixie, Wawa and more. Well Water and Electric Available Onsite* The property is currently leased to a very strong long-term tenant with 7+years solid rental record. Leases expired on 04/2028 with personal-guarantee remaining with option to renew. Curent monthly rent amount $3,819.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-41-45-24-02-001-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$350,900
Annual Taxes
($1)
Tax Year
2023 Payable 2024

zoning

Zoning Code AG (The property is zone for Agricultural Uses only for now.)
AG (The property is zone for Agricultural Uses only for now.)
  • Listing ID: 32381270

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: S STATE ROAD 7 S STATE ROAD 7, Boynton Beach, FL 33472

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