for sale 145 acres – ag reserve - palm …...n beach lyons rd lakes canyon gl homes ve cia mes ect...
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FOR SALE145 ACRES – AG RESERVE - PALM BEACH COUNTY, FLORIDA
This 145 acre tract is strategically situated at the southeast corner of Boynton Beach Blvd. and US 441/SR 7 adjacent to majordevelopments including Valencia Grove, and the new Bethesda Hospital Campus. With over ½ mile exposure along the east sideof SR 7 and approximately 1,170’ of combined frontage along the south side of Boynton Beach Blvd., the Subject Property isthe largest AG Reserve Property currently available for sale in one of Palm Beach County’s highest growth areas.
Improvements: The Property is currently being farmed in row cropsand sod. Improvements include farm outbuildings, a packing house,and caretaker’s quarters. Current AG leases generate approximately$170,000 in annual gross income.
Access: Current access is from east bound Boynton Beach Blvd. atmultiple locations, including the hard signalized corner of BoyntonBeach Blvd and SR 7. Future access south of the corner is also availablefrom US 441/SR 7 subject to bridge permitting and construction.
Zoning: The Property is zoned AGR-PUD and is currently subject to a conservation easement in favor of Palm Beach County andLake Worth Drainage District designating the Property as a Preservation Area in accordance with AGR-PUD Zoning Ordinances.Current permitted uses include crop production, pasture, equestrian activities, wholesale or retail nurseries.
Utilities: Force-main sewer and water and other utilities are located on the north side of Boynton Beach Blvd. as well as a watermain south of the southwest corner of the Property.
PCN/PARCELS ACREAGE *
42-43-27-05-053-0093 111.6742-43-27-05-053-0141 5.0042-43-27-05-053-0430 5.0042-43-27-05-053-0391 5.00
Sub-Total 126.67*42-43-27-05-053-0120 19.16
Total 145.83**Approximated
ATLANTIC WESTERN REALTY CORPORATION3500 FAIRLANE FARMS RD., SUITE 9, WELLINGTON, FLORIDA 33414/561-832-3400
Price: $21,750,000 cash ($150,000 p/ac)Reduced: 126.67 acres - $12,600,000 ($100,000 p/ac) 145.83 acres - $15,450,000 ($105,950 p/ac)
Contact: Brad Scherer, President [email protected] George Smigiel, Land Sales Agent
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ATLANTIC WESTERN REALTY CORPORATION
3500 FAIRLANE FARMS RD., SUITE 9, WELLINGTON, FLORIDA 33414/561-832-3400
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