11337 Okeechobee Blvd, Unit A Royal Palm Beach, FL 33411-8714
- Medical offices
- 4,988 SF
- 0.36 lot acres
Current Use by Public Records
- Medical offices
Property Details for 11337 Okeechobee Blvd
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 0.36 lot acres
- Property size
- 4,988 SF
- Zone code
- CO
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 72-41-43-23-14-000-0040
- APU
- 72414323140000040
Description
This exceptional 5,000 square foot single-story office building, located at 11337 Okeechobee Blvd in Royal Palm Beach, Florida (zip code 33411), presents a unique opportunity for medical or executive office users. The property is zoned CO-Office Commercial and situated in Palm Beach County, offering excellent visibility and accessibility. The building features two suites, each comprising 2,500 square feet, which can be easily combined to occupy the entire 5,000 square feet. Currently, the entire 5,000 square feet is vacant and ready for immediate occupancy. Each suite boasts a thoughtfully designed layout including a reception area, waiting room, exam rooms (in the medical office spaces), doctors' offices, a kitchenette, and multiple bathrooms. The building benefits from high traffic visibility with approximately 44,000 cars passing daily on Okeechobee Boulevard, and monument signage is available for enhanced branding. This property is ideal for medical practices or executive office users seeking a well-appointed space in a high-traffic location. Minimum divisible space is 2,500 square feet, with a maximum contiguous space of 5,000 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,200,000
- 7%
- $1,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,395,000
- Geo Method
- $1,150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,315,000
- Retail
- $1,200,000
- Mixed-Use
- $1,240,000
- Hospitality
- $1,135,000
- Educational
- $1,220,000
- Residential Income
- $1,350,000
- Energy
- $1,170,000
- Income-Based Land
- $1,255,000
- Food Service
- $1,365,000
Location Insight
- Map
- Local Demand
- City
- Royal Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.2213
- Latitude
- 26.707
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
