510 Sapodilla Ave West Palm Beach, FL 33401
This exceptional 0.08-acre commercial lot, located at 510 N Sapodilla Avenue in West Palm Beach, presents a unique investment opportunity. Situated just five blocks from the vibrant Downtown Clematis district, this property boasts a highly desirable C1 zoning classification, offering unparalleled flexibility for a wide range of commercial or mixed-use developments. The 646 square foot lot is fully fenced, providing a secure and defined space ideal for various applications. Imagine a playground, recreational area, or other community-focused amenity, perfectly complementing the surrounding neighborhood. Alternatively, the zoning allows for a variety of small business ventures, capitalizing on the property's central location and proximity to the bustling downtown area. This is a rare chance to acquire a prime commercial lot in a thriving urban setting, offering significant potential for growth and return. The property is available for lease only; it is not for sale. The APN is 74434321060170102. This is a single-tenant property with no building suites. The zoning designation is NWD-R(.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.