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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    341 W Indiantown Rd Jupiter, FL 33458

    • Office buildings
    • 1,000 SF
    • 0.09 lot acres
    For Lease
    View listing
    $649,999
    Value Estimations
    $390,000
    Cap Rate Potential
    8.1%
    Office buildings
    Location Intelligence
    Property ID
    US18-0836334
    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

    • Fred Bischoff / Insurance Agency

    Property Details for 341 W Indiantown Rd

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    1,000 SF
    Zone code
    C2
    Property type
    Office buildings
    APN
    30-42-41-01-07-029-0151
    APU
    30424101070290151

    Description

    This exceptional commercial property offering presents a rare opportunity to acquire two adjacent buildings situated on a highly visible section of Indiantown Road in the heart of Jupiter, Florida. The buildings, 341 and 337, boast prime frontage on this major east/west corridor, benefiting from substantial daily traffic volume. Located conveniently between Military Trail and Alternate A1A, the property enjoys unparalleled accessibility to I-95, the Turnpike, US1, and the ocean. Each building has undergone significant renovations. Building 337, encompassing 800 square feet, has been completely remodeled. Building 341, offering 1000 square feet, has also been extensively updated, featuring a new roof, fresh paint, an attractive architectural arch addition, and a new air conditioning system. The combined lot size is 0.09 acres. The seller is motivated to sell both buildings together, presenting a unique opportunity for investors or businesses seeking a prominent presence in this thriving Jupiter location. The asking price for both buildings is $649,999.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $345,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $470,000
      6.5%
      $435,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $388,000
      Market price range: $347k - $525k
      AI Estimate
      $252,000
      Market price range: $185k - $365k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $405,000
      Current use
      AUTO REPAIR, GARAGE
      $495,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $400,000
      Change: -1% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $395,000
      Change: -2% Conversion: Difficult
      MEDICAL BUILDING
      $395,000
      Change: -2% Conversion: Easy
      COMMERCIAL (GENERAL)
      $380,000
      Change: -5% Conversion: Easy
      WAREHOUSE, STORAGE
      $340,000
      Change: -16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Jupiter
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.099
    Latitude
    26.9344
    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
    $4,584
    $110,044
    $144,693
    $254,737
    -
    $110,044
    $144,693
    $254,737

    Comparable in this City

    • Value Estimation
      $1,050,000
      46,707 SF

      601 Heritage Dr, Unit 100

      OFFICE BUILDING (MULTI-STORY) • 46,707 SF
      601 Heritage Dr, Jupiter, FL 33458-2777
      View Details
    • Value Estimation
      $235,000
      182 SF

      312 Old Dixie Hwy Ste, Unit 205

      OFFICE BUILDING • 182 SF
      312 Old Dixie Hwy Ste, Jupiter, FL 33458-7490
      View Details
    • Value Estimation
      $230,000
      182 SF

      312 Old Dixie Hwy Ste, Unit 214

      OFFICE BUILDING • 182 SF
      312 Old Dixie Hwy Ste, Jupiter, FL 33458-7492
      View Details
    • Value Estimation
      $245,000
      182 SF

      312 Old Dixie Hwy Ste, Unit 203

      OFFICE BUILDING • 182 SF
      312 Old Dixie Hwy Ste, Jupiter, FL 33458-7489
      View Details
    • Value Estimation by Request

      5155 Corporate Wayd2

      OFFICE BUILDING
      5155 Corporate Wayd2, Jupiter, FL 33458-4356
      View Details
    • Value Estimation
      $315,000
      2,433 SF

      1015 Indiantown Rd Ste, Unit 102

      OFFICE BUILDING • 2,433 SF
      1015 Indiantown Rd Ste, Jupiter, FL 33458-6839
      View Details

    Similar Nearby for Sale

    • $1,850,000
      2,990 SF

      Freestanding Building on Indiantown Road

      2,990 SF building with frontage on Indiantown Road.
      100 W Indiantown Rd, Jupiter, FL 33458
      View Details
    • $4,500,000
      15,833 SF

      Jupiter, FL Office Building For Sale

      Commercial office building in Jupiter, FL with flexible floor plans.
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    • $515,000
      1,190 SF

      Jupiter Warehouse/Office Condo For Sale

      1190 SF move-in ready warehouse/office condo in central Jupiter.
      228 Hibiscus St, Jupiter, FL 33458
      View Details
    • $675,000

      Professional Office Condo in Jupiter

      Well-appointed 1,477 sq ft office condo for sale.
      641 University Blvd, Jupiter, FL 33458
      View Details
    • $699,000
      800 SF

      Jupiter Office Building: Prime Location

      800 SF Office, Remodeled, High Traffic
      337 Indiantown Rd, Jupiter, FL 33458
      View Details
    • Contact for pricing
      2.92 Acres

      Jupiter Office Space for Lease

      Prestigious Jupiter office suites available.
      601 Heritage Dr, Jupiter, FL 33458
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      8,000 SF

      Jupiter Office and Medical Space

      Office and medical space for lease in Jupiter, Florida.
      1701 Military Trl, Jupiter, FL 33458
      View Details
    • $649,999
      1,000 SF

      Jupiter Commercial Space on Indiantown

      Prime commercial space in Jupiter with high traffic exposure.
      341 W Indiantown Rd, Jupiter, FL 33458
      View Details
    • $11,795,000
      30,377 SF

      Jupiter Office/Warehouse Flex Space

      Versatile office/warehouse in Jupiter Commerce Park, minutes from I-95.
      3126 Jupiter Park Dr, Jupiter, FL 33458
      View Details
    • Contact for pricing
      1,334 SF

      Office Space in Jupiter, FL

      Office space for rent with covered parking and I-95 access.
      550 Heritage Dr, Jupiter, FL 33458
      View Details
    • $1,195 /Mo

      Professional Office Space in Jupiter

      Turn-key office suites in a prestigious Jupiter location.
      601 Heritage Dr, Jupiter, FL 33458
      View Details
    • $649,999
      800 SF

      Jupiter Commercial Space on Indiantown

      Prime commercial space in Jupiter with high-traffic frontage.
      337 W Indiantown Rd, Jupiter, FL 33458
      View Details
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    341 W Indiantown Rd
    Jupiter, FL 33458
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    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
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