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Property profile & analytics
FOR LEASE
Community centers

1700 45Th St West Palm Beach, FL 33407

13,668 SF 8.2 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
Property ID
US18-3620478
Property summary
AI-generated overview

45th Street Plaza presents a compelling investment opportunity in the thriving West Palm Beach market. This Class B property, built in 1985, encompasses 118,000 square feet across four buildings situated at 1700 45th St, West Palm Beach, FL 33407. The property is zoned NC - Neighborhood Commercial within Palm Beach County and enjoys a convenient location one mile east of I-95, providing excellent accessibility. The plaza offers a diverse mix of retail, office, and restaurant spaces, currently featuring multiple tenancies. Six individual spaces are immediately available, ranging in size from 1,260 to 12,000 square feet, catering to a variety of business needs. The property's traditional and creative office subtypes make it suitable for a wide range of tenants. Its strategic location at the intersection of 45th Street and Australian Avenue ensures high visibility and accessibility for businesses. This vibrant neighborhood shopping center benefits from the accelerated growth experienced throughout West Palm Beach, making it an attractive proposition for both established businesses and new ventures. The property's diverse tenant mix and convenient location contribute to its strong potential for sustained growth and profitability.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Construction CONCRETE
Total area 13,668 SF
Lot 8.2 ac (357,170 SF)
Zoning code NC
APN 74-43-43-05-01-028-0011
UPID US18-3620478
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
  • IN HIS PRESENCE DELIVERANCE MINISTRIES INC Association / Organization
  • Liberty Christian Outreach Church Mosque
  • Beulahland Relevant Word Church Church
  • Sea2see Island Shipping Llc Shipping Company Freight Service
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.40M
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$3.21M
Owner & transaction history
SPIEGEL SIDNEY TRUST
SPIEGEL SIDNEY TRUST
Zoning & alternative use
NC · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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