Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    256 Worth Ave Palm Beach, FL 33480

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Established skin care business for sale in Palm Beach.

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Seth Benkaddour
    Seth Benkaddour
    Source: Elliman

    Listing Agent: Seth Benkaddour

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

    Learn more

    Property Insight Report

    Overview

    Skin Care Business Opportunity

    A skin care business is available for purchase. Note that the building itself is not included in the sale. Founded by a cellular biologist, the company formulates its products using Cartesian methodology. The business operates from a private laboratory in the United States, focusing on natural ingredients and design. The product line includes serums, cleansers, and fragrances.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Daniella Ortiz Design ... (Bike/Boat/Book/etc) Store Move2PalmBeach Real Estate Agency Marie T. Eisenhauer ... Real Estate Agency Robert Fontaine Gallery Art Gallery Sherry Frankel's Melangerie (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0388469
    Latitude
    26.7004995

    Nearby Similar for Sale

    • $2,750,000
      1,276 SF

      Palm Beach Commercial Office Flex

      Renovated 1,276 SF office suite near Worth Avenue.
      249 Peruvian Ave, Palm Beach, FL 33480
      View Details
    • $835,000
      583 SF

      Palm Beach Commercial Condo

      Prime commercial/office space near The Royal Poinciana Plaza.
      44 Cocoanut Row, Palm Beach, FL 33480
      View Details
    • $2,995,000
      2,269 SF

      Palm Beach Commercial Condo Opportunity

      Interconnected commercial/office space near Royal Poinciana Plaza in Palm Beach.
      44 Cocoanut Row, Palm Beach, FL 33480
      View Details
    • $515,000
      357 SF

      Palm Beach Commercial Condo

      Premium commercial/office space near The Royal Poinciana Plaza.
      44 Cocoanut Row, Palm Beach, FL 33480
      View Details
    • $1,900,000
      1,329 SF

      Versatile Commercial Space in Palm Beach

      Commercial condo with valet, parking, and restaurant access near Plaza.
      44 Cocoanut Row, Palm Beach, FL 33480
      View Details
    • $7,500,000
      3,720 SF

      Palm Beach Income Property

      Income-producing 8-unit building, one block from the ocean.
      172 N County Rd, Palm Beach, FL 33480
      View Details
    • $2,000,000
      32.00 Acres

      32-Acre Farm on Highway 27

      32-acre farm with potential for RV resort or restaurant.
      80 State Rd, Palm Beach, FL 33440
      View Details
    • $4,750,000

      Turn-Key Truck Services Center

      Truck services center on 4.5 acres in South Florida.
      Unincorporated, Palm Beach, FL 33430
      View Details
    • $320,000

      Profitable Mosquito Control Business

      Thriving mosquito control business in Palm Beach County with growth potential.
      Confidential, Palm Beach, FL 33480
      View Details
    • $550,000

      Profitable Frozen Yogurt Shop Business

      Profitable frozen yogurt shop with growth potential in Palm Beach.
      Confidential, Palm Beach, FL 33480
      View Details
    • $595,000
      4,323 SF

      Palm Beach Retail Opportunity

      Retail property available in Palm Beach, Florida.
      822 S County Rd, Palm Beach, FL 33480
      View Details
    • $3,000,000
      31.88 Acres

      Income Producing Palm Beach Farmland

      32-acre Palm Beach County farm with warehouse and living quarters.
      47430 State Rd, Palm Beach, FL 33440
      View Details

    FAQs

    What type of property is this?
    Retail space - Established skin care business for sale in Palm Beach.
    Where is this retail space located?
    The property is located at 256 Worth Ave Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $100,000,000.
    What are key features of this property?
    This property features: - Established skin care business for sale with a history of innovation in the cosmetics industry.; - Products formulated using a meticulous Cartesian methodology and scientific rigor.; - Commitment to natural ingredients and opulent design.
    (561) 324-9950
    Request Owner's contact information
    256 Worth Ave Palm Beach, FL 33480
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    256 Worth Ave
    Palm Beach, FL 33480
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    256 Worth Ave Palm Beach, FL 33480
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Seth Benkaddour
    Seth Benkaddour
    (561) 324-9950 (561) 270-5384
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!