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15031 Palm Beach Blvd - SR 80 Commercial 1.16 Acres of Commercial Land Offered at $750,000 in Alva, FL 33920
Investment Highlights
- Lot Size: 1.16 Acres
- Traffic Count: 35,500+ VPD on Palm Beach Blvd
- 240' of Frontage on SR 80 (Palm Beach Blvd)
Executive Summary
±1.16-acre commercial pad site available for sale, ground lease, or build-to-suit at the signalized corridor of Palm Beach Blvd (SR-80) and S. Olga Dr in Alva, Florida. The property features full median access and excellent visibility along Palm Beach Blvd with ±35,500 vehicles per day, positioning it well for retail, restaurant, or service-oriented commercial users. The site is zoned CN-2 (Neighborhood Commercial District) which allows a broad range of consumer-oriented uses including restaurants, banks and financial institutions, medical offices, personal services, specialty retail, and drugstores, with drive-thru facilities permitted through special exception.
Property Facts
| Price | $750,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Zoning | CN2 - Neighborhood Commercial (CN-2) | ||
| Price | $750,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.16 AC |
| Zoning | CN2 - Neighborhood Commercial (CN-2) |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 1.16 AC |
| Price Per AC | $646,551.72 |
| Price | $750,000 |
| Price Per AC | $646,551.72 |
| Lot Size | 1.16 AC |
The site is zoned CN-2 (Commercial Neighborhood), allowing a wide range of retail, service, office, and neighborhood commercial uses.
Description
A 1.16 acre drive-thru friendly pad opportunity at the NEC of SR 80 (Palm Beach Blvd) and South Olga Drive in Alva, FL. The site offers excellent frontage and visibility along Palm Beach Blvd (35,500± VPD) and is positioned directly adjacent to River Hall (2,695± residential units), with additional surrounding communities providing a strong and growing daily customer base. Strong morning and afternoon traffic patterns, making it a solid fit for drive-thru coffee, beverage, and quick-service concepts.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 27-43-26-00-00002.0000 | Improvements Assessment | $140,908 |
| Land Assessment | $73,643 | Total Assessment | $214,551 |
Property Taxes
Parcel Number
27-43-26-00-00002.0000
Land Assessment
$73,643
Improvements Assessment
$140,908
Total Assessment
$214,551
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15031 Palm Beach Blvd - SR 80 Commercial