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SOLD
2.4 Acres – Redevelopment
2.4 Acre site perfectly situated for redevelopment; adjacent to a new Neighborhood Walmart and Dunkin Donuts.
Ideal uses include Self-storage, Retail, Office, Professional/Medical, Warehouse/Distribution, and Auto Sales. Located in the heart of Boynton Beach country clubs and golf courses, this site is Current Land Use Codes include AG; with rezoning to CH/5 (CU, CG). Under new zoning codes, and in combination with variances, it’s possible to build over 94,000sf of building, up to almost 40ft tall. Per Palm Beach County, there may also be an option to join the subject site with the adjacent Walmart site for increased density. The site is surrounded by country clubs and a short drive to the ever-popular Atlantic Avenue in Delray Beach. East to reach from 95 and Turnpike.
Site & Location Features:
• Fronting Military Trail
• Adjacent to Walmart & Dunkin Donuts
• CVS nearby
• Surrounded by Residential
• Surrounded by Country Clubs
• Use studies already performed
• Centrally located
• Short drive to Delray Beach
• Delivered Vacant
Property Address
Address
: 12608 S Military Trail
City
: Boynton Beach
Zip Code
: 33436
Sale Details
Status
: SOLD
List Price
: $3,500,000.00 $3,500,000.00
Sale Notes
Property Information & Details
Property Type
: Land
Building Status
: Existing
Number of Floors
: 1
Year Built
: 1955
Parking Spaces
: 140+
Lot Size
: 94,000
Zoning Description
: • Retail, Office, Professional, Medical, Warehouse, Storage, Auto Sales.
• Re-Zoning Overview from FLU designation for the property is currently Commercial CH/5. Current Zoning is Agricultural (AGR). The property will require rezoning and site planning to develop any project. Re-zoning will be to CG (Commercial General)
Financial Information
Year
: 1900
Gross Rental Income
: $0.00
Other Income
: $0.00
Effective Gross Income
: $0.00
Energy Efficiency
Energy Class
: C
Global Energy Performance Index
: 92.42 kWh / m²a
Renewable Energy Performance Index
: 1.00 kWh / m²a
Energy Performance of the Listing
: Low
| A+ | A | B |
92.42 kWh / m²a |
Energy class C
C
| D | E | F | G | H |
Property Features
Backyard
Location
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