Mixed-Use Building with Executive
900 US HIGHWAY 1, Lake Park, FL 33403
For Sale
Contact for pricing
Retail and private-office configurations provide options for a range of commercial occupants.
Property Size4,174 SF
Price / SF$3.59
Days on Market71
Property Features for 900 US HIGHWAY 1
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Property Use
Building Details
Year Built
Listing Agency:
Partnership Realty Inc.
(561) 355-0270
Listed By:
Alex F Cozzi PA · License #684305
(561) 317-2042
Source:
Wycliffecommunityrealty
Added: Aug 30
Changed: Nov 7
Last Checked: Nov 7 at 1:15PM
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 Partnership Realty Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building combines retail areas with executive offices and multiple private-office configurations. Suite sizes range from approximately 100 to 4,800 SF, with layouts suited to different space requirements.
The property is located on US Highway 1 in Lake Park, beside the Intracoastal Waterway. Built in 1924, it offers a retail and office setting along the highway.
The property is located on US Highway 1 in Lake Park, beside the Intracoastal Waterway. Built in 1924, it offers a retail and office setting along the highway.
Key Highlights
- Suite sizes range from ±100 to 4,800 SF
- Retail and professional office space in one building
- Executive offices and multiple private‑office layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,579
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,411,580
$1.4M
Cap Rate 7%
$1,008,271
$1.0M
Cap Rate 9%
$784,211
$784.2K
Market Conditions
NOI Build-Up for 4,174 SF
Gross rent
$110.2K $26.40/SF
− Vacancy
−$9.4K −$2.24/SF
EGI
$100.8K $24.16/SF
− OpEx
−$30.2K −$7.25/SF
NOI
$70.6K $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 Rate 5%
$1,411,580
Cap Rate 7%
$1,008,271
Cap Rate 9%
$784,211
Alternative Uses
Best Use
Office B
$1.58M
$1.38M – $1.84M
NOI $110,632 @ 7.0% cap · market cap 737.55%
Second Best
Mixed Use
$1.03M
$900.0K – $1.20M
NOI $72,002 @ 7.0% cap · market cap 480.01%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,770 @ 7.0% cap · market cap 1,371.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,825
Businesses Nearby
Explore this area
Business Placement
Demographics for 33403, FL
13,779
Population
5,906
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
3.3 sq mi
ZIP Area
4,175
Density / Sq Mi
$69,050
Median Household Income
$34,019
Median Earnings
$1,426
Median Rent
$340,100
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Palm Beach County, FL
Properties on Market for Mixed-use properties in Palm Beach County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and private-office configurations provide options for a range of commercial occupants.
Where is this mixed-use property located?
The property is located at 900 US HIGHWAY 1 Lake Park, FL.
What are key features of this property?
This property features: Suite sizes range from ±100 to 4,800 SF; Retail and professional office space in one building; Executive offices and multiple private‑office layouts
