Property profile

11420 Okeechobee Blvd Ste A Royal Palm Beach, FL 33411

OFF-MARKET
Strip malls
Property ID
US18-3396535
8,747 SF 1.15 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction CONCRETE
Total area 8,747 SF
Lot 1.15 ac (50,111 SF)
Zoning code CN
APN 72-41-43-26-07-012-0130
UPID US18-3396535

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
  • Advertising Agency Marketing & Advertising
  • Marketing & Advertising Printing Service
  • Spiritual Center
  • Training Center Sports School

Location

11420 Okeechobee Blvd Ste A Royal Palm Beach, FL 33411-8703
Royal Palm Beach metro Census 7812 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.00M
CAP Approach CAP
$2.18M
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.99M

Owner & transaction history

since 2021
Last sale
$1.7M
4 recorded transactions
2022
Price N/A
2021
$1.7M
2018
$1.6M
1969
Price N/A

Zoning & alternative use

CN · Royal Palm Beach, FL
Zoning description

The purpose and intent of this district is to provide suitable sites for the development of limited commercial activities of an office, retail and personal service nature which serve immediate neighborhood needs in locat…

General category COMMERCIAL

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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