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    11201 Us Hwy North Palm Beach, FL 33408

    For Lease
    $32 SF/Yr

    102,384 SF Single-Tenant Retail Building

    Lot size:
    102,384 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 102,384 square foot retail property, located at 11201 US Highway 1 in North Palm Beach, Florida (zip code 33408), presents a unique investment opportunity. The building is zoned C1 and sits on a lot with dimensions not specified in the provided information. Currently configured as a single-tenant space, the property boasts a substantial footprint, previously occupied by an insurance and real estate office. The existing build-out offers a significant advantage for a similar business, minimizing initial setup costs and allowing for a quick occupancy. The property's location on US Highway 1 ensures high visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's APN is 68434204310010000. Further details regarding the building's specific features and amenities are not available in the provided information. This property is a rare find in the North Palm Beach market, offering a substantial space with a proven track record for professional office use, now ready for its next chapter. The property's latitude and longitude coordinates are 26.839927 and -80.0628784 respectively. Serious inquiries are encouraged.

    Property Features for 11201 Us Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,384 SF

    Unit(s) available at that property

    Space
    Size
    102,384 SF
    Rate per SF
    $32
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0628784
    Latitude
    26.839927

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    FAQs

    What type of property is this?
    Retail property - 102,384 SF Single-Tenant Retail Building
    Where is this retail property located?
    The property is located at 11201 Us Hwy North Palm Beach, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
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    North Palm Beach, FL 33408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11201 Us Hwy North Palm Beach, FL 33408
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