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Storefront Property with Front Parking
For Sale
$1,300,000

2393 N Military Trail, West Palm Beach, FL 33409

Commercial Sale, Schall Circle, FL

Property Size3,146 SF
Lot Size0.29 Acres
Price / SF$413.22
Days on Market171

Property Features for 2393 N Military Trail

General Information

Property type Residential
Property subtype Retail
Zoning CG
Parking 4
Directions Off Military and Okeechobee
Subdivision 5400
Standard status Active
APN 00424324000007240
Size 3,146 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 24-43-42~ N 88.83 FT OF S 143.68 FT OF E 203.33 FT OF NE 1/4 OF NE 1/4 OF SW 1/4 (LESS E 60 FT SR 809 R/W)
Tax Annual Amount 9421
Legal Description 24-43-42~ N 88.83 FT OF S 143.68 FT OF E 203.33 FT OF NE 1/4 OF NE 1/4 OF SW 1/4 (LESS E 60 FT SR 809 R/W)

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

parking in front

Building Details

Year built 1963
Floors in Building 1
Number of units 1
Flooring type Tile, Concrete
Building materials Stucco
Roof type Composition
Listing Agency: United Realty Group Inc
Listed By: Tamara Starcher · License #3426906
Added: May 1 Changed: Oct 8 Last Checked: Oct 18 at 7:06PM
MLS# B26022575

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This storefront property includes 3,146 square feet on a 0.29-acre parcel, with parking positioned in front of the building. Constructed in 1963, the improvements feature stucco exterior walls, concrete and tile flooring, central heating, and central air conditioning. The composition roof was installed in 2024.

The property is located at 2393 N Military Trail in Schall Circle, near Palm Beach International Airport. It has access to public water and public sewer services, with cable available. CG zoning and the existing storefront configuration support its commercial positioning.

Key Highlights

  • 3,146‑square‑foot storefront property on 0.29 acres
  • Front parking, a stated site feature for the property
  • 2024 roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,476
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,520 $889.5K
Cap Rate 7%
$635,371 $635.4K
Cap Rate 9%
$494,178 $494.2K
Market Conditions
NOI Build-Up for 3,146 SF
Gross rent
$68.0K $21.60/SF
− Vacancy
−$4.4K −$1.40/SF
EGI
$63.5K $20.20/SF
− OpEx
−$19.1K −$6.06/SF
NOI
$44.5K $14.14/SF
Area
West Palm Beach, FL
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,520
Cap Rate 7%
$635,371
Cap Rate 9%
$494,178

Alternative Uses

Best Use
Retail
$635.4K
$556.0K – $741.3K (±1% cap)
NOI $44,476 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.94M – $2.58M (±1% cap)
NOI $155,091 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

R & J Bait ... (Bike/Boat/Book/etc) Store G and B painting Painting Service

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tanning Salon Daycare Center Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,872
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33409, FL

33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Hummingbird Florist — 1734 N Military Trl, West Palm Beach, FL 33409

Frequently Asked Questions

What type of property is this?
Storefront property - CG-zoned commercial property with a 2024 roof, central climate control, and public utilities.
Where is this storefront property located?
The property is located at 2393 N Military Trail West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,146‑square‑foot storefront property on 0.29 acres; Front parking, a stated site feature for the property; 2024 roof
More about this property
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