10064 W Indiantown Rd Jupiter, FL 33478
Property profile & analytics
10064 W Indiantown Rd Jupiter, FL 33478
- Office buildings
- 3,120 SF
- 0.49 lot acres
Property ID
US18-8128709
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- bassin insurance / Insurance Agency
- Sanctuary Cannabis Jupiter / (Bike/Boat/Book/etc) Store
- Jupiter Farms Massage / Alternative Medicine Practice / Spa & Massage Center
Property Details for 10064 W Indiantown Rd
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 0.49 lot acres
- Property size
- 3,120 SF
- Zone code
- LO
- Property type
- Office buildings
- APN
- 00-41-41-01-05-001-0200
- APU
- 414101050010200
Description
This exceptional investment opportunity presents a fee-simple interest in a 3,120-square-foot cannabis dispensary located at 10064 W Indiantown Rd, Jupiter, FL 33478, within Palm Beach County. The property sits on a 0.49-acre lot and is an outparcel to a Publix-anchored center, benefiting from strong demographics and high visibility. The current tenant, Sanctuary Dispensary, operates under a 10-year absolute NNN lease (commencing October 16, 2020, and expiring October 31, 2030), with a remaining term of approximately 5.9 years. The lease features attractive 2.33% annual rent escalations, providing a hedge against inflation and increasing cash flow. The current Net Operating Income (NOI) is $235,962, resulting in an 8.50% cap rate. The asking price is $2,840,705. The lease includes two 10-year renewal options, offering long-term stability and predictable returns. This investment is situated in a top U.S. cannabis market within the Miami MSA, presenting a compelling opportunity for investors seeking exposure to a growing industry with a best-in-class tenant and minimal landlord responsibilities. The property consists of one building with one unit.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,470,000
- 6.5%
- $1,355,000
- 7%
- $1,260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,211,000
- AI Estimate
- $894,000
Market price range: $675k - $1.40MMarket price range: $558k - $1.09M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,065,000 Current use
- AUTO REPAIR, GARAGE
- $1,540,000 Change: +45% Conversion: Difficult
- RETAIL STORES
- $1,245,000 Change: +17% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $1,235,000 Change: +16% Conversion: Difficult
- MEDICAL BUILDING
- $1,230,000 Change: +15% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,195,000 Change: +12% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,035,000 Change: -3% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jupiter
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1938
- Latitude
- 26.9418
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,277
$398,888
$509,254
$908,142
-
$398,888
$509,254
$908,142
