Property profile

10140 Okeechobee Blvd Royal Palm Beach, FL 33411

OFF-MARKET
Strip malls
Property ID
US18-2817655
3,120 SF 1.16 ac lot Built 2003
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction CONCRETE
Total area 3,120 SF
Lot 1.16 ac (50,538 SF)
Zoning code CG
APN 72-41-43-24-01-000-0080
UPID US18-2817655

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store Computer & Electronic Repair
  • Cafe & Coffee Shop
  • Computer & Electronic Repair
  • Computer & Electronic Repair
  • Courier Service Postal Service

Location

10140 Okeechobee Blvd Royal Palm Beach, FL 33411-1400
Royal Palm Beach metro Census 7813 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
$775k
Comparable Approach Comparable
$923k
Blend (final) Blend
$890k

Owner & transaction history

Zoning & alternative use

CG · Royal Palm Beach, FL
Zoning description

The purpose and intent of this district is to provide for a variety of general retailing and personal service commercial activities in centrally located or easily accessible areas consistent with the village's comprehens…

General category COMMERCIAL
Top alternative use upside
Retail stores $1.3M +41.0%
Commercial (general) $1.1M +19.5%
Office building $985,000 +7.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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