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Property profile & analytics
OFF-MARKET Estimated value $1,980,000
Strip malls

1481 Military Trl West Palm Beach, FL 33415-9143

14,906 SF 1.38 ac lot Built 1982
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-4963534
Property summary
AI-generated overview

This beautifully finished 1,940-square-foot office space is ideally situated on South Military Trail, boasting a prime location with high visibility. The property features a prominent pylon sign position, benefiting from a high traffic count of 47,500 AADT. Inside, the space is well-appointed with a welcoming reception and waiting area, a spacious administrative area with a window overlooking the reception, five private offices providing ample individual workspaces, a large conference room perfect for meetings and presentations, two convenient bathrooms, and a functional kitchenette. The lease is a modified gross lease, with expense stops in place for property taxes and insurance, simplifying budgeting and financial planning. High-speed internet service is provided by AT&T and is included as part of the lease agreement; this service provider cannot be changed. The property is zoned for commercial use and is a single-tenant building, offering a unique opportunity for a business seeking a move-in ready, professional office environment. The property's APN is 00424412000007350. The lot size is not specified.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1982
Construction CONCRETE
Total area 14,906 SF
Lot 1.38 ac (59,904 SF)
Zoning code UI
APN 00-42-44-12-00-000-7350
UPID US18-4963534
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
  • Law Office of Ross G Lavin PA Law Firm
  • Lynn's Closet Boutique Discount Store (Bike/Boat/Book/etc) Store
  • Abogada de inmigración Law Firm
  • Palm Beach Spinal Care Center Alternative Medicine Practice
  • ADL Locksmith Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.98M
Owner & transaction history
Palma Plaza LLC · 4 yrs held
Palma Plaza LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
Zoning & alternative use
UI · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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