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    11328 Okeechobee Blvd Royal Palm Beach, FL 33411

    For Lease
    $0.04 SF/Yr

    1,440 SF former pharmacy space in Royal Plaza.

    Property size:
    16,356 SF
    Lot size:
    16,356 SF

    Property Features for 11328 Okeechobee Blvd

    General Information

    Size
    16,356 SF

    Source: Daniel Dorchak Agent Daniel Dorchak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Royal Palm Beach Retail Space

    A 1,440 square-foot former pharmacy space is available for lease within Royal Plaza, a 16,356 square-foot neighborhood shopping center. The property is located in Royal Palm Beach, Florida, at the southwest corner of Okeechobee Boulevard and Partridge Lane. Royal Plaza's tenant roster includes Little Caesars Pizza, Royal Palm Ice Cream, LA #1 Nail Salon, and Peppermint Thai Restaurant. Built in 1987, Royal Plaza features a rear loading area and two restrooms in the unit. Renovations to the roof, parking lot, and facade are planned.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cobblestone Village

    Location Insight

    • Map
    • Local Demand
    City
    Royal Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2202113
    Latitude
    26.7063019

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    FAQs

    What type of property is this?
    Shopping center - 1,440 SF former pharmacy space in Royal Plaza.
    Where is this shopping center located?
    The property is located at 11328 Okeechobee Blvd Royal Palm Beach, FL.
    What is the lease rate?
    The lease rate is $0.04 SF/Yr.
    What are key features of this property?
    This property features: - Located in the hyper-growth market of Royal Palm Beach, FL; - Former pharmacy space available; - Located in Royal Plaza shopping center with established tenants like Little Caesars
    (954) 465-4652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11328 Okeechobee Blvd Royal Palm Beach, FL 33411
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