Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9123 Military Trl Palm Beach Gardens, FL 33410
    Back to Search
    Property profile & analytics

    9123 Military Trl, Palm Beach Gardens, FL 33410

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 9123 Military Trl

    Property type
    Office Spaces

    Description

    This exceptional 2,229 square foot office space is ideally located on the second floor of a two-story building at 9123 N Military Trail. Boasting a single-tenant occupancy, this property offers a peaceful yet highly visible location, benefiting from the significant daily traffic count of 34,500 vehicles at the nearby Northlake and Military Trail intersection. The building itself is a dual two-story structure, ensuring a well-maintained and professional environment. The property is zoned PO(cit), and its APN is 52424213000007151. The lot size is not specified. This is a fantastic opportunity for a business seeking a prominent location with high visibility and easy access to major thoroughfares. The space is perfect for a single tenant seeking a comfortable and productive workspace. The property's strategic location ensures excellent exposure to a large volume of potential customers and clients. This single-suite office building presents a unique opportunity to establish a strong presence in a high-traffic area. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach Gardens
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1068
    Latitude
    26.8122

    Comparable in this City

    • Value Estimation by Request
      47,487 SF

      4440 Pga Blvd

      Office Spaces
      4440 Pga Blvd, Palm Beach Gardens, FL 33410
      View Details
    • Value Estimation by Request
      1.19 Acres

      8251 Military Trl

      Medical Office Space
      8251 Military Trl, Palm Beach Gardens, FL 33410
      View Details
    • Value Estimation by Request
      80,323 SF

      4400 Pga Blvd

      Office Spaces
      4400 Pga Blvd, Palm Beach Gardens, FL 33410
      View Details
    • Value Estimation by Request
      1,276 SF

      10625 Military Trl

      Office Spaces
      10625 Military Trl, Palm Beach Gardens, FL 33410
      View Details
    • Value Estimation by Request
      200,000 SF

      11701 Lake Victoria Gardens Ave

      Office Spaces
      11701 Lake Victoria Gardens Ave, Palm Beach Gardens, FL 33410
      View Details
    • Value Estimation by Request
      25,642 SF

      11000 Prosperity Farms Rd

      Office Units
      11000 Prosperity Farms Rd, Palm Beach Gardens, FL 33410
      View Details

    Similar Nearby for Sale

    • $491,260
      1,276 SF

      Palm Beach Gardens Office Space

      Prime Office, Canal Views, $491,260
      10625 Military Trl, Palm Beach Gardens, FL 33410
      View Details
    • $705,000

      Palm Beach Gardens Office Suite

      Traditional office suite in affluent Palm Beach Gardens community.
      2560 Rca Blvd, Palm Beach Gardens, FL 33410
      View Details
    • New
      $260,000
      0.02 Acres

      Soverel Harbour Marina Boat Slip

      Deeded boat slip in Palm Beach Gardens marina.
      2385 Pga Blvd, Palm Beach Gardens, FL 33410
      View Details
    • New
      $549,000
      0.16 Acres

      North Palm Beach Buildable Lot

      Gated community lot for single-family home in coastal community.
      1101 Prosperity Vlg Dr, North Palm Beach, FL 33410
      View Details
    • New
      $2,599,000
      0.43 Acres

      Waterfront Land in Palm Beach Gardens

      Rare waterfront property with boating access and sunset views.
      12831 Inshore Dr, Palm Beach Gardens, FL 33410
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Two-Story Office Project For Rent

      Two-story office project featuring excellent parking and building signage.
      11621 Kew Gardens Ave, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing

      Renovated Office Building in Gardens

      Ten-story office building with excellent access and fantastic amenities.
      4400 Pga Blvd, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing
      10,207 SF

      Premier Office Space Available

      Class A office space with high-end amenities and convenient access.
      3801 Pga Blvd, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing

      Class A Office Building

      Boutique office building in Palm Beach Gardens, Florida.
      3507 Kyoto Gardens Dr, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing
      2,773 SF

      Professional Office Space For Rent

      Elegant office space with top security and ample parking.
      3001 Pga Blvd, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing
      1,215 SF

      Office Suite in Palm Beach Gardens

      Ground floor corner office suite with lake views.
      3507 Kyoto Gardens Dr, Palm Beach Gardens, FL 33410
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9123 Military Trl
    Palm Beach Gardens, FL 33410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9123 Military Trl, Palm Beach Gardens, FL, 33410
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!