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$2,400,000
West Palm Beach, FL 33406
MORRISON
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
$12,613 /mo
Principal and interest only, based on $480,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateStand on this land and listen. That's a jet on final approach to PBI. That's I-95 moving commerce just one mile east, with Southern Boulevard connecting the corridor to the rest of Palm Beach County. Now consider what surrounds it: Light Industrial zoning already approved within the same platted subdivision and Commercial High/Industrial future land use along Ranch House Road. Offered together for the first time, these two contiguous parcels provide approximately 2.34 acres held by the same family since the 1970s. A rare land-positioning opportunity near the airport for investors, developers or owner-users exploring contractor services, outdoor storage, flex space or future density. Currently zoned RS in unincorporated Palm Beach County. All potential uses, rezoning and development concept Everybody drives past this and sees an old rundown house on a quiet street. Here's what they're missing. Palm Beach County is out of industrial land. Not short, OUT. Vacancy sits at 7.2%, rents are holding near $16 a foot triple nett, and there are only 797k square feet under construction in the entire county. That's not a market cooling off. That's a market with nothing left to lease. Meanwhile the county has been converting this exact corridor for years. A tract inside this same platted subdivision Morrison Suburban Development already carries a Light Industrial rezone. Another parcel on Ranch House Road carries a Commercial High/Industrial future land use. This isn't a hunch about where things are headed. It's a paper trail. And that airport everybody treats like a problem? It's the whole argument. Residential near a runway fights the FAA every step. Industrial is the use the airport actually wants there. Sit a contractor yard here and you're not the neighbor the airport is trying to buy out you're the neighbor it's been waiting for. Two contiguous parcels. 2.34 acres. Held by the same family since the seventies and never once offered together. Minutes to I-95, minutes to the Turnpike, a rock's throw from PBI. The next owner isn't buying two lots. He's buying the last easy piece of a corridor that's already moving. Seller will consider a structured option with entitlement contingencies for the right buyer. Preliminary county planning materials available to qualified buyers. Adjacent parcel potentially available to expand the site. All zoning, density, and use scenarios described are conceptual and subject to Palm Beach County approval. Buyer to verify independently.
About the Area
West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.
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Listing courtesy of Keller Williams Realty - Welli
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$2,400,000
Contact us to schedule a showing or ask a question.
Listed by Brian C Wilder PA, Keller Williams Realty - Welli
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