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5000 SW Green Farms Ln

111 Acres of Agricultural Land Offered at £3,904,426 in Palm City, FL 34990

Investment Highlights

  • Great Location...I 95 frontage....1.9 miles from interchange
  • 111 Acres 71 Upland, 40 lake being filled.
  • Cash Flow generation on site from landfill business

Executive Summary

Unique opportunity! 111 acres directly at I-95 just south of Martin Highway exit in Martin County, just north of exploding Palm Beach County. Acreage is composed of 71+/- acres dry land surrounding a 40+/- acre lake. Very profitable clean fill land reclamation landfill business included!!!
Builders and developers from area truck clean construction debris to site, and pay you for the privilege of filling your lake. As you generate cash flow, more of the lake becomes upland, increasing the potential for development in the future. Property is currently zoned A-2 (Agricultural). Operation generates $350K +/- cash a year which will increase as usage and your fees to truckers increase. Very simple operation 1 person needed. All owner's equipment and structures on property included.
Be paid to have your land asset increase in size and value!

Financial Summary (Actual - 2023)

Annual Annual Per AC
Gross Rental Income £410,004 £3,693.73
Other Income - -
Vacancy Loss - -
Effective Gross Income £410,004 £3,693.73
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £410,004
Annual Per AC £3,693.73
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual £410,004
Annual Per AC £3,693.73
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price £3,904,426
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 111.00 AC

1 Lot Available

Lot 1

Price £3,904,426
Price Per AC £35,175
Lot Size 111.00 AC

111 Acres 1.9 miles south of Martin Highway, just west of I-95 in Martin County, FL 71+/- acres of land surrounding 40+/- acre lake. Very profitable clean fill business with all equipment. Generate 300K+/- cash flow annually.

Description

111 Acres 1.9 miles south of Martin Highway, just west of I-95 in Martin County, FL 71+/- land surrounding 40+/- acre lake. Very profitable clean fill business with all equipment. Generate 300K+/- cash flow annually.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-38-40-000-000-00024-0
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£446,632 (2024)

zoning

Zoning Code A-2 (A-2, (Agricultural))
A-2 (A-2, (Agricultural))
  • Listing ID: 31457341

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: 5000 SW Green Farms Ln, Palm City, FL 34990

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