Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15910 Orange Blvd Loxahatchee, FL 33470

    • Community centers
    • 5,190 SF
    • 0.63 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6193605
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Totally You Studio / Hair Salon
    • Walgreens Wine-beer spirits / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • GreatFlorida Insurance - Sarai C. Alcala / Insurance Agency
    • Palm Beach Skin Co. / Spa & Massage Center
    • Papa John's Pizza / Restaurant

    Property Details for 15910 Orange Blvd

    Year built
    2012
    Construction
    CONCRETE
    Lot size
    0.63 lot acres
    Property size
    5,190 SF
    Zone code
    MUPD
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    00-41-42-31-01-001-0020
    APU
    414231010010020

    Description

    This single-story, 868-square-foot office space is located in a thriving retail center at the southeast corner of Orange Blvd and Seminole Pratt Whitney Rd in Loxahatchee (West Palm Beach), Florida. Built in 2012, this traditional office space is part of a multi-tenant building (APN: 00-41-42-31-01-001-0020) and currently has one suite available. The property benefits from a strong anchor tenant, Walgreens, including its adjacent Walgreens Wine, Beer & Spirits location. Other co-tenants include Papa Johns and All Yours Hair & Nail Salon, providing a diverse and established tenant mix. The location enjoys excellent visibility and accessibility due to its prominent corner location. The surrounding area boasts a high concentration of desirable amenities, including Publix, McDonald's, and AutoZone, further enhancing the property's appeal. The average household income within a one-mile radius is a substantial $112,281, indicating a strong and affluent demographic. This presents a unique opportunity for businesses seeking a well-located and established office space in a high-income area. The property offers excellent potential for growth and profitability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,665,000
      6.5%
      $1,535,000
      7%
      $1,425,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,050,000
      Current use
      RETAIL STORES
      $2,070,000
      Change: +1% Conversion: Easy
      OFFICE BUILDING
      $2,060,000
      Change: +0% Conversion: Moderate
      MEDICAL BUILDING
      $2,045,000
      Change: -0% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loxahatchee
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2933
    Latitude
    26.7794
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,346
    $626,640
    $1,060,266
    $1,686,906
    -
    $626,640
    $1,060,266
    $1,686,906

    Comparable in this City

    • Value Estimation
      $21,135,000
      76,902 SF

      5060 Seminole Pratt Whitney Rd

      MINI-MALL • 76,902 SF
      5060 Seminole Pratt Whitney Rd, Loxahatchee, FL 33470-6301
      View Details
    • Value Estimation
      $14,310,000
      84,731 SF

      7050 Seminole Pratt Whitney Rd

      MINI-MALL • 84,731 SF
      7050 Seminole Pratt Whitney Rd, Loxahatchee, FL 33470-3474
      View Details
    • Value Estimation
      $4,365,000
      14,795 SF

      15625 Southern Blvd

      MINI-MALL • 14,795 SF
      15625 Southern Blvd, Loxahatchee, FL 33470-9214
      View Details
    • Value Estimation
      $1,550,000
      5,220 SF

      15689 Southern Blvd

      MINI-MALL • 5,220 SF
      15689 Southern Blvd, Loxahatchee, FL 33470-9228
      View Details
    • Value Estimation
      $1,580,000
      7,500 SF

      12041 Southern Blvd Ste, Unit 1

      SHOPPING CENTER, STRIP CENTER • 7,500 SF
      12041 Southern Blvd Ste, Loxahatchee, FL 33470-4995
      View Details
    • Value Estimation
      $2,625,000
      14,400 SF

      14579 Southern Blvd

      SHOPPING CENTER, STRIP CENTER • 14,400 SF
      14579 Southern Blvd, Loxahatchee, FL 33470-9201
      View Details

    Similar Nearby for Sale

    • $9,400,000
      19,624 SF

      Walgreens in Loxahatchee, Florida

      Walgreens with high sales volume and prime location.
      15940 Orange Blvd, Loxahatchee, FL 33470
      View Details
    • $274,900
      1.67 Acres

      Loxahatchee Agricultural Property on 94th

      1.67 acre property in Loxahatchee, close to amenities.
      94Th St N, Loxahatchee, FL 33470
      View Details
    • $464,500
      1.53 Acres

      Residential Land in The Acreage

      1.53 acres to build your country estate home.
      66 N Banyan Blvd, Loxahatchee, FL 33470
      View Details
    • $550,000
      5.05 Acres

      Loxahatchee Residential Land Opportunity

      Prime 5.05-acre lot in Loxahatchee, ready for development.
      Bedu Ct, Loxahatchee, FL 33470
      View Details
    • $589,088
      5.03 Acres

      Five Acre Loxahatchee Groves Parcel

      Five acre parcel suitable for equestrian or agricultural use.
      15595 43Rd Rd N, Loxahatchee Groves, FL 33470
      View Details
    • $399,000
      2.88 Acres

      Loxahatchee Corner Lot Acreage

      2.88 acre corner lot zoned for agricultural or residential use.
      Lot-5010 Seminole Pratt Whitney Rd, Loxahatchee, FL 33470
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space with Drive-Thru

      3,000 SF end cap with drive-thru in Loxahatchee, FL.
      16725 Seminole Pratt Whitney Rd, Loxahatchee, FL 33470
      View Details
    • $35 SF/Yr
      10,293 SF

      Westlake Palms Retail Center

      Prime Westlake Retail Spaces Available
      4931 Seminole Pratt Whitney Rd, Westlake, FL 33470
      View Details
    • $40,000
      2,994 SF

      Equestrian Facility Near Wellington

      Loxahatchee Groves farm with arena, barn, and housing.
      14339 Collecting Canal Rd, Loxahatchee Groves, FL 33470
      View Details
    • $20,000 /Mo
      3,922 SF

      Loxahatchee Groves Equestrian Rental

      Turn-key home and barns near Wellington International Horse Show.
      13346 Casey Rd, Town of Loxahatchee Groves, FL 33470
      View Details
    • $1,000 /Mo

      Equestrian Facility with Spacious Stalls

      Loxahatchee Groves equestrian facility with stalls and training ring.
      1754 B Rd, Loxahatchee Groves, FL 33470
      View Details
    • $950 /Mo
      2,892 SF

      Equestrian Facility with 22 Stalls

      10-acre equestrian property with stalls, arena, paddocks, and amenities.
      1666 C Rd, Loxahatchee Groves, FL 33470
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15910 Orange Blvd
    Loxahatchee, FL 33470
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!