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Property profile & analytics
OFF-MARKET Estimated value $850,000
Commercial land

100 Civic Ctr Way Royal Palm Beach, FL 33411

1.22 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US18-6898968
Property summary
AI-generated overview

This 1.22-acre vacant commercial lot presents a prime development opportunity in Royal Palm Beach, Florida. Strategically positioned at the corner of Okeechobee Boulevard and Royal Palm Beach Boulevard, this property boasts exceptional visibility and accessibility. The site shares a plaza with an established medical building occupied by Cano Health and a new Starbucks under construction, ensuring a thriving commercial environment. A current site plan details a 3,750 square foot bank, and active efforts are underway to amend the plan for a larger 6,000 square foot medical office building. The property is zoned CG - General Commercial, offering flexibility for various development options. Okeechobee Boulevard experiences high traffic volume, exceeding 40,000 vehicles daily in 2022, guaranteeing significant exposure for any future development. The location benefits from a strong demographic profile, with a median income of $93,100 and a population of 38,800 within a short radius. The property is located at 100 Civic Center Way, Royal Palm Beach, FL 33411, and is approximately 20 minutes from Palm Beach International Airport. This exceptional location and zoning make this a rare opportunity for investors seeking high-return commercial development in a rapidly growing area. The asking price is $1,400,000. The property was built in 2009.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.22 ac (53,026 SF)
Zoning code CG
APN 72-41-43-26-28-003-0000
UPID US18-6898968
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
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k
Owner & transaction history
Kids Cancer Foundation INC
Kids Cancer Foundation INC
since 2026
Last sale
$850,000
3 recorded transactions
2026
$1.0M
2022
$850,000
2007
$2.6M
Zoning & alternative use
CG · Royal Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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