Anne Schwebel Diamond Sells Development Site At 6270 Lyons Road In Lake Worth For $15M
6270 Lyons Road
$15,000,000
$2/SF
Building Size
6,660,324 SF
Asset Type
Development Site
Closing
Nov 5, 2025
AI
The asset involved in this transaction is a development site located at 6270 Lyons Road in Lake Worth. The seller of the property is Anne Schwebel Diamond. The total sale price of the property was $15,000,000, covering an area of 152.9 acres, which equates to a price per acre of $98,103.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $15,000,000
- Address: 6270 Lyons Road
- Market: Lake Worth
- Acres: 152.9
- Price Per Acre: $98,103
- Seller: Anne Schwebel Diamond
- Seller's Representative: Don Ginsburg - Katalyst Real Estate & Development
Don Ginsburg, representing the seller, is affiliated with Katalyst Real Estate & Development. His involvement was crucial in facilitating this transaction, ensuring that the interests of the seller were adequately represented throughout the process.
Players
Lake Worth Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93