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    510 Sapodilla Ave West Palm Beach, FL 33401

    For Lease
    $27 SF/Yr

    Prime C1 zoned lot, lease only.

    Lot size:
    646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.08-acre commercial lot, located at 510 N Sapodilla Avenue in West Palm Beach, presents a unique investment opportunity. Situated just five blocks from the vibrant Downtown Clematis district, this property boasts a highly desirable C1 zoning classification, offering unparalleled flexibility for a wide range of commercial or mixed-use developments. The 646 square foot lot is fully fenced, providing a secure and defined space ideal for various applications. Imagine a playground, recreational area, or other community-focused amenity, perfectly complementing the surrounding neighborhood. Alternatively, the zoning allows for a variety of small business ventures, capitalizing on the property's central location and proximity to the bustling downtown area. This is a rare chance to acquire a prime commercial lot in a thriving urban setting, offering significant potential for growth and return. The property is available for lease only; it is not for sale. The APN is 74434321060170102. This is a single-tenant property with no building suites. The zoning designation is NWD-R(.

    Property Features for 510 Sapodilla Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    646 SF

    Unit(s) available at that property

    Space
    Size
    646 SF
    Rate per SF
    $27

    HighLights

    • Special Purpose property, single‑tenant occupancy.
    • 646 square foot building.
    • 0.08‑acre lot.
    • C1 zoning.
    • Located five blocks from Downtown West Palm Beach.
    • For lease only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0584525
    Latitude
    26.7177703

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    FAQs

    What type of property is this?
    Specialty property - Prime C1 zoned lot, lease only.
    Where is this specialty property located?
    The property is located at 510 Sapodilla Ave West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Special Purpose property, single-tenant occupancy.; 646 square foot building.; 0.08-acre lot.
    Request Owner's contact information
    510 Sapodilla Ave West Palm Beach, FL 33401
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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
    510 Sapodilla Ave West Palm Beach, FL 33401
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