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Property profile & analytics
OFF-MARKET Estimated value $3,015,000
Strip malls

2835 Military Trl West Palm Beach, FL 33409-2625

18,092 SF 2.84 ac lot Built 1998
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-2846129
Property summary
AI-generated overview

This exceptional 1,343 square foot retail space is ideally situated in West Palm Beach, offering a fantastic opportunity for a new business. Previously occupied as a beauty salon, the property boasts a convenient single-tenant occupancy within a larger building complex. The building itself is a single-story structure, providing easy accessibility for both customers and staff. Ample parking is available with 77 spaces provided for the entire complex. The property is zoned CG, allowing for a variety of commercial uses, subject to local regulations. The property's address is 2835 N Military Trl, and its Assessor's Parcel Number (APN) is 00424324280000000. The building consists of one structure with a total of 18,000 square feet, although this listing only pertains to the 1,343 square foot space. This space is ready for immediate occupancy and features convenient key-box access. The property's prime location in West Palm Beach ensures high visibility and foot traffic, making it an attractive proposition for a variety of businesses. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and permitted uses. This is a rare opportunity to secure a well-located retail space in a thriving area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction CONCRETE
Total area 18,092 SF
Lot 2.84 ac (123,802 SF)
Zoning code CG
APN 00-42-43-24-28-000-0000
UPID US18-2846129
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
  • Western Union Bank Credit Union
  • Vapes & Smokes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • InstaLoan Bank Credit Union
  • Oxtails & More Grocery & Convenience Store Food Market
  • O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.02M
Owner & transaction history
Europa Investment LLC · 6 yrs held
Europa Investment LLC
since 2019
7 recorded transactions
2019
$3.8M
2016
Price N/A
2016
$3.0M
2013
Price N/A
2013
$1.3M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CG · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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