Royal Palm Dr Coral Spg Coral Springs, FL 33071
- Land
Current Use by Public Records
- Land
Property Details for 0 Royal Palm Dr Coral Spg
- Property type
- Land
Description
This exceptional 2.52-acre (109,706 sq ft) commercial land parcel presents a rare development opportunity in the thriving Coral Springs, Florida market. Located on Royal Palm Drive, just one block east of University Drive, this property boasts a highly desirable B-1 (Neighborhood Business) zoning, allowing for a wide range of commercial uses including medical facilities, retail, restaurants, offices, and more. The site benefits from exceptional visibility and accessibility, situated at the intersection of Royal Palm Boulevard and 89th Drive. Daily traffic counts on Royal Palm Boulevard reach 27,500 vehicles, while University Drive sees 42,500 vehicles daily, ensuring high exposure for any development. This is one of the last remaining undeveloped parcels of this size in central Coral Springs, making it an incredibly valuable asset for investors and developers seeking a prime location for a new commercial venture. The property's strategic location and zoning regulations make it ideal for a variety of commercial projects, catering to the needs of the affluent Coral Springs community. This is a unique opportunity to acquire a significant land holding in a high-demand area with excellent growth potential. The property is ready for immediate development, offering a streamlined path to realizing a profitable investment. Don't miss this chance to secure a piece of Coral Springs' vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Springs
- County
- Broward
- State
- Florida
- Longitude
- -80.2712
- Latitude
- 26.248