11961 Us-1 North Palm Beach, FL 33408
This exceptional 0.3-acre commercial land parcel, located at 11961 US-1 in North Palm Beach, Florida (33408), presents a unique development opportunity. Boasting 100 feet of frontage on US Highway 1, this corner lot is zoned CG (Commercial General), allowing for a variety of uses including retail, office, or medical facilities. Its strategic location offers unparalleled visibility and accessibility, situated just a half-mile north of PGA Boulevard and across from the recently renovated Seminole Shoppes shopping center. The property benefits from proximity to affluent residential communities like Lost Tree Village and Seminole Landing, and is less than half a mile from the NextEra Energy/FP&L corporate office, employing approximately 8,700 people. Furthermore, the nearby Point at North Palm Beach, a new rental community, adds to the vibrant and growing atmosphere of this area. This prime location provides access to a thriving marketplace, offering a compelling opportunity for businesses seeking high visibility and a strong customer base within a dynamic and upscale trade area. The asking price for this exceptional property is $795,000. The APN is 00-43-42-04-08-000-0010.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.