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1444 Wabasso Dr
West Palm Beach, FL 33409
Land For Sale · 0.14 AC

Investment Highlights

  • Traffic Volume Approx. 15,000 vehicles per day
  • Total Land Area 1.06 acres, 46,429 SF, Seven Parcels

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Convenience Store
Total Lot Size 0.14 AC
Zoning CG

Description

The site consists of 46,429 sf total (~1.06 acres) comprised of seven vacant lots cleared of all structures, which were assembled from previous residential uses. They will not be sold separately. The assemblage is designated as vacant commercial land (with one exception, a residential use lot, but zoned commercial). This is a corner property fronting on Westgate Avenue and Wabasso Drive: a signalized intersection. The site has excellent visibility and is in a prime location on Westgate Ave to experience the upsurge in the development of the neighborhood. Wabasso connects directly to the major Palm Beach Lakes Blvd/Okeechobee Blvd intersection just to the north. This property lies within the Westgate Community Redevelopment Area Overlay (WCRAO), which was approved by Palm Beach County to encourage the development of this area. This property benefits from several features of the WCRAO rules, among which is a development assistance incentive program that can subsidize some of the development costs, also density bonuses are granted for properties developed in this CRA. This property is best suited for a retail convenience center catering to the neighboring Westgate Community. The Site is usable for a wide variety of purposes. The Palm Beach County Universal Land Development Code should be consulted for details of uses allowed under a future zoning. The suggested site plan attached calls for a total of approximately 8,000 sf of mixed use improvements, incorporating a 3,129 sf C-Store w/Gas Sales, a 2,877sf Laundromat facility, and two units of residential on the second floor of the C-Store.

Property Taxes

Property Taxes

Parcel Number
00-43-43-30-03-032-0310
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$58,467
  • Listing ID: 27689141

  • Date on Market: 2/6/2023

  • Last Updated:

  • Address: 1444 Wabasso Dr, West Palm Beach, FL 33409

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