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    3187 S Congress Ave Palm Springs, FL

    For Sale
    $5,334,783

    12,739 SF CVS NN Drugstore with 13+ years remaining.

    Property size:
    12,739 SF
    Lot size:
    1.50 Acres

    Property Features for 3187 S Congress Ave

    General Information

    Size
    12,739 SF
    Lot size
    1.50 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Jack Liberatore

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

    Overview

    CVS NN Drugstore For Sale

    This 12,739 SF CVS NN drugstore is available for sale. The property is located at 3187 S Congress Avenue in Lake Worth, FL. The property has a double net (NN) lease structure with over 13 years remaining on the lease. The lease includes a 10% rent increase at the next option.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    CARE TOUCH MEDICAL EQUIPMENT INC, Mabel Quintero, RPH, Lynn M. Osborne, RPh, Be Healthy Herbal Supplements, CenterWell Retail Pharmacy

    Map

    City
    Palm Springs
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0961538
    Latitude
    26.6359009

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    FAQs

    What type of property is this?
    Drug store - 12,739 SF CVS NN Drugstore with 13+ years remaining.
    Where is this drug store located?
    The property is located at 3187 S Congress Ave Palm Springs, FL.
    What is the asking price?
    The asking price for this property is $5,334,783.
    What are key features of this property?
    This property features: - 13+ years remaining on double net (NN) lease; - 12,739 SF CVS NN drugstore asset; - Secure investment
    (844) 474-4666
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    3187 S Congress Ave Palm Springs, FL
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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
    3187 S Congress Ave Palm Springs, FL
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