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    15940 Orange Blvd Loxahatchee, FL 33470

    For Sale
    $9,400,000

    Walgreens with strong sales and prime location.

    Property size:
    19,624 SF
    Lot size:
    3.08 Acres

    Property Features for 15940 Orange Blvd

    General Information

    Size
    19,624 SF
    Lot size
    3.08 Acres

    Source: Matthews Real Estate Investment Services | Fort Lauderdale Agent Daniel Gonzalez

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

    Overview

    Walgreens in Loxahatchee, Florida

    This Walgreens location generates over $3.9 million in annual sales, placing it in the top 92% of Walgreens stores nationwide. The property is strategically positioned along a major thoroughfare with visibility to over 13,200 vehicles per day. It is located directly across from a retail center anchored by Publix, Circle K, AutoZone, and McDonald’s, benefiting from consumer traffic and retail activity. The surrounding area has a dense population of more than 42,325 residents within a 5-mile radius, with an average household income of $115,502. Situated in the West Palm Beach submarket, the property benefits from a low retail vacancy rate of 3.9% and development trends. This Walgreens is the only drugstore within a 9-mile radius. The property, with a size of 19624 square feet, is secured by a corporate-guaranteed lease from Walgreens, offering a reliable and long-term income stream.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Drug Store Shelly H. Gelinas, ... Pharmacy FedEx OnSite Mailing Service Walgreens Photo Passport Photo Processor Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Shelly H. Gelinas, PharmD, Dawn D. Kimball, Pharm, Edelyn Cyril, Kelly Dalman, Walgreens Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Loxahatchee
    County
    State
    Florida
    Longitude
    -80.293213
    Latitude
    26.779819

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    FAQs

    What type of property is this?
    Drug store - Walgreens with strong sales and prime location.
    Where is this drug store located?
    The property is located at 15940 Orange Blvd Loxahatchee, FL.
    What is the asking price?
    The asking price for this property is $9,400,000.
    What are key features of this property?
    This property features: - Corporate-guaranteed lease from Walgreens provides a reliable, long-term income stream.; - High-performing Walgreens location with over $3.9 million in annual sales, ranking in the top 92% nationwide.; - Market exclusivity as the only drugstore within a 9-mile radius.
    (561) 767-5582
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    15940 Orange Blvd Loxahatchee, FL 33470
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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
    15940 Orange Blvd Loxahatchee, FL 33470
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