Remodeled Retail Storefront
For Sale
$549,999
Pending
337 W Indiantown Road, Jupiter, FL 33458
Two retail storefront buildings with prime Indiantown Road frontage and one recently remodeled for updated tenant-ready space.
Property Size800 SF
Days on Market50
Property Features for 337 W Indiantown Road
General Information
Standard status
Pending
Size
800 SF
Zoning
C2(cit
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,486
Building Details
Building Size
800 SF
Year Built
1958
Stories
1
Listing Agency:
Paradise Real Estate Intl
(561) 676-8512
Listed By:
Siobhan S Flynn
(561) 676-8512
Source:
Laerrealty
Added: Jul 4
Changed: Aug 15
Last Checked: Aug 14 at 7:09AM
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 Paradise Real Estate Intl
Investment Insights
Based on property information with market context.
This offering includes two separate retail buildings, identified as Building 337 and Building 341, each on its own parcel number. Building 337 is a completely remodeled storefront, and the east building has received updates that include a new roof, fresh paint, an added arch, and air conditioning improvements. Building 341 provides additional retail space within the same overall frontage area, offering a straightforward configuration for tenants seeking dedicated storefront space.
The properties are located in the heart of Jupiter on the main east/west corridor of Indiantown Road, positioned on the north side between Military Trail and Alt A1A. The seller notes prime frontage with a heavy traffic count, supported by easy access to I-95, the Turnpike, US-1, and Ocean.
For buyers or tenants evaluating retail space in a high-visibility corridor, the combination of updated building improvements and prominent street frontage can help support a storefront use where day-to-day customer access matters. The seller prefers to sell both units together, which may appeal to operators looking to consolidate their presence along the same frontage.
The properties are located in the heart of Jupiter on the main east/west corridor of Indiantown Road, positioned on the north side between Military Trail and Alt A1A. The seller notes prime frontage with a heavy traffic count, supported by easy access to I-95, the Turnpike, US-1, and Ocean.
For buyers or tenants evaluating retail space in a high-visibility corridor, the combination of updated building improvements and prominent street frontage can help support a storefront use where day-to-day customer access matters. The seller prefers to sell both units together, which may appeal to operators looking to consolidate their presence along the same frontage.
Key Highlights
- Two retail storefront buildings on Indiantown Road in Jupiter (Buildings 337 and 341) on separate parcel numbers.
- East building remodeled with new roof, new paint, arch added, A/C, and more (tenant‑ready updates).
- Building 337: 800 SF listed at $649,999.
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
$16,909
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
3.07%
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%
$338,180
$338.2K
Cap Rate 7%
$241,557
$241.6K
Cap Rate 9%
$187,878
$187.9K
Market Conditions
NOI Build-Up for 1,000 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
$26.4K $26.40/SF
− Vacancy
−$2.2K −$2.24/SF
EGI
$24.2K $24.16/SF
− OpEx
−$7.2K −$7.25/SF
NOI
$16.9K $16.91/SF
Area
Palm Beach County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
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%
$338,180
Cap Rate 7%
$241,557
Cap Rate 9%
$187,878
Alternative Uses
Best Use
Retail
$241.6K
$211.4K – $281.8K
NOI $16,909 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$704.3K
$616.2K – $821.6K
NOI $49,298 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,958
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33458, FL
55,083
Population
23,121
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
20.4 sq mi
ZIP Area
2,700
Density / Sq Mi
$107,626
Median Household Income
$48,448
Median Earnings
$2,090
Median Rent
$550,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Two retail storefront buildings with prime Indiantown Road frontage and one recently remodeled for updated tenant-ready space.
Where is this storefront property located?
The property is located at 337 W Indiantown Road Jupiter, FL.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two retail storefront buildings on Indiantown Road in Jupiter (Buildings 337 and 341) on separate parcel numbers.; East building remodeled with new roof, new paint, arch added, A/C, and more (tenant‑ready updates).; Building 337: 800 SF listed at $649,999.
