1105 Royal Palm Bch Blvd Royal Palm Beach, FL 33411-1641
Village Royale Shopping Plaza, located at 1105 Royal Palm Beach Blvd, Royal Palm Beach, FL 33411, presents a prime retail investment opportunity. This Class A, 125,414 square foot neighborhood center boasts a strong tenant mix including national brands like Winn Dixie Marketplace, Pet Supermarket, The UPS Store, Subway, Dairy Queen, and Papa Johns, alongside successful local businesses such as Jupiter Donuts, Los Agaves Mexican Restaurant, and Butterfields Diner. Three suites are currently available, ranging from 1,300 to 4,065 contiguous square feet, offering flexibility for various retail or restaurant concepts. The property sits on a 16.11-acre lot (APN: 72-41-43-23-21-003-0000), with excellent visibility and access from both Okeechobee Blvd and Royal Palm Beach Blvd. Ample parking is provided with 720 spaces. Built in 1985, the single-story building is zoned CG. Current CAM charges are $16.00 per square foot, and property taxes are $5 per square foot. Out-parcels include CVS Pharmacy, Wells Fargo, Burger King, and Bud's Chicken, further enhancing the property's desirability and traffic flow. This is an exceptional opportunity to secure space in a thriving retail center with strong anchors and high visibility in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Royal Palm Beach, FLRoyal Palm Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.