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    Property profile & analytics

    2545 Northlake Blvd North Palm Beach, FL 33403-2006

    • Retail space
    • 2,512 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $1,375,000
    Last Sale
    Jun 06, 2022
    $1,400,000
    Location Intelligence
    Property ID
    US18-5442519
    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

    • Retail space

    Property Details for 2545 Northlake Blvd

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.78 lot acres
    Property size
    2,512 SF
    Zone code
    C-NB
    Property type
    Retail space
    APN
    68-43-42-17-06-000-0061
    APU
    68434217060000061

    Description

    This exceptional retail property, located at 2545 Northlake Boulevard, offers a fantastic opportunity for a single-tenant business seeking high visibility and excellent exposure. The 2,512 square foot standalone building boasts a dedicated front parking lot, ensuring convenient access for customers. Constructed with impact windows, the building is designed for durability and security. The property is zoned C1 (city), providing flexibility for a variety of retail uses. The APN is 68434217060000061. This is a gross lease arrangement, with sales tax added. The strategic location on the busy Northlake Boulevard guarantees significant foot traffic and vehicular visibility, making it an ideal location to establish or expand your business. The property's standalone nature offers excellent branding opportunities and a distinct presence. Don't miss this chance to secure a prime retail space in a high-traffic area. This property is in high demand and will not remain available for long. The building features no additional suites. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,285,000
      6.5%
      $1,425,000
      7%
      $1,230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,575,000
      Geo Method
      $1,505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,535,000
      Retail
      $1,535,000
      Mixed-Use
      $1,270,000
      Hospitality
      $1,200,000
      Educational
      $1,515,000
      Residential Income
      $1,635,000
      Energy
      $1,280,000
      Income-Based Land
      $1,380,000
      Food Service
      $1,245,000

    Location Insight

    • Map
    • Local Demand
    City
    North Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0743
    Latitude
    26.8086
    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
    $23,688
    $540,832
    $581,863
    $1,122,695
    -
    $540,832
    $581,863
    $1,122,695

    Comparable in this City

    • Value Estimation by Request
      7,360 SF

      240 Congress Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,360 SF
      240 Congress Ave, Lake Park, FL 33403-3807
      View Details
    • Value Estimation by Request
      10,025 SF

      333 Us Hwy 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 10,025 SF
      333 Us Hwy 1st 1, Lake Park, FL 33403-3553
      View Details
    • Value Estimation
      $6,370,000
      14,100 SF

      3889 Northlake Blvd

      RETAIL STORES (PERSONAL SERVICES) • 14,100 SF
      3889 Northlake Blvd, Palm Beach Gardens, FL 33403-1509
      View Details
    • Value Estimation
      $230,000
      1,440 SF

      9475 Hwy 1st Alt

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      9475 Hwy 1st Alt, West Palm Beach, FL 33403-1436
      View Details
    • Value Estimation
      $330,000
      2,558 SF

      112 Us Hwy 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 2,558 SF
      112 Us Hwy 1st 1, Lake Park, FL 33403-3550
      View Details
    • Value Estimation
      $480,000
      5,315 SF

      1454 10th St

      RETAIL STORES (PERSONAL SERVICES) • 5,315 SF
      1454 10th St, Lake Park, FL 33403-2037
      View Details

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    2545 Northlake Blvd
    North Palm Beach, FL 33403-2006
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    Realmo Value Estimation

    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.

    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.

    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
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