Professional Office
New
For Sale
$495,000
13901 US HIGHWAY 1 Unit 10, Juno Beach, FL 33408
Positioned on US Highway 1, the office is one block south of Donald Ross Road.
Property Size1,076 SF
Price / SF$460.04
Days on Market6
Property Features for 13901 US HIGHWAY 1 Unit 10
General Information
Standard status
Active
Size
1,076 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Acres: 1.06, Square Feet: 46035, Features: 1 To Less Than 2 Acre Lot
Roof: Other Roof/Roof Structure, Other
Sewer: Public Sewer, Public Sanitation, Sewer
Parcel Number: 28434128370000100, Tax Annual Amount: $4,676, Tax Legal Description: PARK PLACE OFFICE BLDG UNIT 10, Tax Year: 2025
Flooring: Carpet
Cooling: Central Individual A/C
Heating: Central
Number Of Units Total: 1, Special Listing Conditions: Sale, Standard Status: Active
Parking Total: 40, Features: Free Parking
Construction Materials: Concrete Block Construction, Stories: 2, Year Built: 1985, Year Built Details: Newly Updated/Renovated
County Or Parish: Palm Beach County, Unit Number: 10
Leasable Area Units: Square Feet, Leasable Area: 1076, Property Condition: Substantially Remodeled, Updated/Remodeled, Completely Renovated
Units In Community: 1
Electric On Property YN: t, Electric: Other Electric, Utilities: Electricity Available, Water Available
Possession: Funding, Long Closing Preferred, Negotiable
Water Source: Public
Features: Other Fire Protection, Other
Building Details
Year Built
1985
Listing Agency:
Johnston Group Real Estate Serv
(561) 691-4522
Listed By:
Zachary Pergeorelis · License #B26055238
(561) 262-0846
Source:
Riserealty
Added: Sep 29
Changed: Oct 3
Last Checked: Oct 2 at 11:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnston Group Real Estate Serv
Investment Insights
Based on property information with market context.
This 1,076-square-foot office unit was built in 1985 and is located on US Highway 1 in Juno Beach. The property is one block south of Donald Ross Road.
Key Highlights
- 1,076‑square‑foot office unit
- Built in 1985
- Located on US Highway 1 in Juno Beach
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,519
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$570,380
$570.4K
Cap Rate 7%
$407,414
$407.4K
Cap Rate 9%
$316,878
$316.9K
Market Conditions
NOI Build-Up for 1,076 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$49.1K $45.60/SF
− Vacancy
−$11.0K −$10.26/SF
EGI
$38.0K $35.34/SF
− OpEx
−$9.5K −$8.84/SF
NOI
$28.5K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$570,380
Cap Rate 7%
$407,414
Cap Rate 9%
$316,878
Alternative Uses
Best Use
Office B
$407.4K
$356.5K – $475.3K
NOI $28,519 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$757.8K
$663.1K – $884.1K
NOI $53,045 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 33408, FL
18,965
Population
13,490
Households
1.4
Avg Household Size
58
Median Age
52%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,789
Density / Sq Mi
$91,390
Median Household Income
$65,606
Median Earnings
$1,885
Median Rent
$502,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Positioned on US Highway 1, the office is one block south of Donald Ross Road.
Where is this office units located?
The property is located at 13901 US HIGHWAY 1 Unit 10 Juno Beach, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,076‑square‑foot office unit; Built in 1985; Located on US Highway 1 in Juno Beach
