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

2393 N Military Trail, West Palm Beach, FL 33409

Single retail storefront offers convenient front parking and a 2024 roof for buyer confidence.

Property Size3,146 SF
Price / SF$413.22
Days on Market161

Property Features for 2393 N Military Trail

General Information

Standard status Active
Size 3,146 SF
Property subtype Retail

Building Details

Year Built 1963
Year Renovated 2024
Listing Agency: United Realty Group Inc
Listed By: Tamara Starcher · License #3426906
Source: Xome
Added: Feb 24 Changed: Jul 10 Last Checked: Jul 16 at 6:59AM

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 United Realty Group Inc

Investment Insights

Based on property information with market context.

This for-sale retail storefront is positioned for straightforward retail use, with parking available in front of the property. The property also features a roof replacement dated 2024.

The asset is located at 2393 N Military Trail in West Palm Beach, Florida, and is described as being close to Palm Beach International Airport. The listing notes the overall location as a key consideration for the property’s commercial positioning.

For tenants or buyers looking for a simple, street-accessible retail option, the combination of front parking and a relatively recent roof can help support everyday operations. The storefront configuration is well-suited for users seeking a compact, retail-oriented space with onsite customer parking right at the building.

Key Highlights

  • Single retail storefront with front parking and 4 parking spaces
  • 2024 roof
  • Central air cooling

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $68.0k $21.60
− Vacancy −$4.4k −$1.40
EGI $63.5k $20.20
− OpEx −$19.1k −$6.06
NOI $44.5k $14.14
3,146 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 30.00%

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.

Property Analytics

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

1,994
Businesses Nearby
Balanced
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

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
Rey
Questions? Ask Rey
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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 - Single retail storefront offers convenient front parking and a 2024 roof for buyer confidence.
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: Single retail storefront with front parking and 4 parking spaces; 2024 roof; Central air cooling
More about this property
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