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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11961 Us-1 North Palm Beach, FL 33408

0.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.3 ac (13,068 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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