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Property profile & analytics
OFF-MARKET Estimated value $22,465,000
Community centers

11001 Southern Blvd Royal Palm Beach, FL 33411-4240

67,541 SF 49.95 ac lot Built 2006
Individually Owned 7-yr Hold Free & Clear
Property ID
US18-4776067
Property summary
AI-generated overview

This exceptional retail property, Southern Palm Crossing, located at 11001 Southern Blvd in Royal Palm Beach, Florida (zip code 33411), offers 7,020 square feet of prime commercial space for lease. The building is comprised of four individual suites, currently entirely vacant, presenting a unique opportunity for multiple tenants or a single occupant seeking a larger space. Each suite offers flexibility, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 2,040 square feet. This allows for adaptability to various business needs and expansion plans. The property's strategic location in Palm Beach County ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The property is categorized as a multi-tenant retail building, providing a diverse and vibrant environment. This is a rare opportunity to secure a substantial retail space in a thriving Florida community. The address is easily accessible and highly visible, offering excellent potential for business growth and success. The entire 7,020 square feet is available for lease immediately. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2006
Construction CONCRETE
Total area 67,541 SF
Lot 49.95 ac (2,175,857 SF)
Zoning code CG
APN 72-41-43-35-10-001-0000
UPID US18-4776067
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$16.79M
Comparable Approach Comparable
$28.17M
Blend (final) Blend
$22.47M
Owner & transaction history
Ivt Sthrn Royal Palm Bch 1031 · 7 yrs held
Ivt Sthrn Royal Palm Bch 1031
since 2019
3 recorded transactions
2019
$96.8M
2016
$78.5M
1969
Price N/A
Zoning & alternative use
CG · Royal Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $36.6M +83.8%
Auto repair, garage $34.8M +74.8%
Industrial (general) $28.2M +41.8%
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