2393 Military Trl West Palm Beach, FL 33409
- Retail space
- 3,146 SF
- 0.29 lot acres
Current Use by Public Records
- R & J Bait & Tackle / Bait Shop
- G and B painting / Painter
Property Details for 2393 Military Trl
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 3,146 SF
- Zone code
- CG
- Property type
- Retail space
- APN
- 00-42-43-24-00-000-7240
- APU
- 424324000007240
Description
This exceptional retail property, located at 2393 N Military Trail in West Palm Beach, Florida, presents a unique investment opportunity. Boasting 3,146 square feet of space, this single-unit building is situated in a high-traffic area, offering excellent visibility and accessibility for businesses. Constructed in 1963, the property benefits from a recently updated roof (2024) and features a rare amenity: three half-bathrooms. Ample parking is available directly in front of the building, ensuring convenient access for customers and employees. The asking price is $1,500,000. The property's location near Palm Beach International Airport provides significant advantages for businesses catering to travelers or those seeking proximity to the airport. This prime retail space is ideal for a variety of businesses seeking a well-maintained, conveniently located property in a thriving area of West Palm Beach. The property is situated in Palm Beach County, Florida, with a zip code of 33409. While the lot size is not specified, the building's prominent location and ample parking make it a highly desirable commercial property. This is a rare opportunity to acquire a well-positioned retail space in a high-demand location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $275,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $305,000
- Mixed-Use
- $255,000
- Hospitality
- $310,000
- Educational
- $300,000
- Residential Income
- $305,000
- Energy
- $295,000
- Income-Based Land
- $295,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1113
- Latitude
- 26.7125
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
