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Property profile & analytics
OFF-MARKET Estimated value $3,695,000
Banks

100 Royal Palm Bch Blvd Royal Palm Beach, FL 33411-7683

5,113 SF 0.86 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-3393944
Property summary
AI-generated overview

This exceptional 5,113 square foot free-standing retail building presents a unique investment opportunity in Palm Beach County. Situated on a 0.85-acre lot at 100 Royal Palm Beach Boulevard, this single-tenant property boasts excellent visibility at a highly trafficked, lighted intersection. The location benefits from a combined daily traffic count of 87,000 vehicles, ensuring significant exposure for any business. The building itself offers multiple drive-through options and a generous 27 dedicated parking spaces for customer convenience. The entire 5,113 square feet is currently vacant, providing a blank canvas for a new tenant or owner-occupier. This property is ideal for a variety of retail uses, capitalizing on its prime location and substantial visibility. The ample parking and drive-through capabilities cater to a wide range of potential businesses. The 0.85-acre lot provides flexibility for future expansion or outdoor amenities. This is a rare opportunity to acquire a well-positioned, high-traffic retail property in a thriving Palm Beach County location. The property's size, visibility, and parking make it an attractive proposition for businesses seeking a strong presence in a busy commercial area. The vacant status allows for complete customization to suit a specific tenant's needs.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1980
Construction CONCRETE
Total area 5,113 SF
Lot 0.86 ac (37,335 SF)
Zoning code CG
APN 72-41-43-35-00-000-7150
UPID US18-3393944
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
$3.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.41M
Blend (final) Blend
$3.70M
Owner & transaction history
Niki Hospitality INC · 3 yrs held
Niki Hospitality INC
since 2023
Last sale
$4.2M
2 recorded transactions
2023
$4.2M
2021
$2.3M
Zoning & alternative use
CG · Royal Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $4.1M +89.9%
Restaurant $3.5M +64.8%
Apartment house (5+ units) $3.5M +63.7%
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