524 Northlake Blvd Ste A North Palm Beach, FL 33408-5416
- Strip malls
- 7,632 SF
- 0.64 lot acres
Current Use by Public Records
- Palm Beach CBD Wellness / Vitamin & Supplements Store
- Loving Paws Daycare & Boarding / Dog Day Care Center
- Take A Break Smoke Shop / Vaporizer Store
- Barkley’s Canine Club / Dog Day Care Center
- Take A Break Vapes / Vaporizer Store / Glass Shop
Property Details for 524 Northlake Blvd Ste A
- Year built
- 1979
- Construction
- CONCRETE
- Lot size
- 0.64 lot acres
- Property size
- 7,632 SF
- Zone code
- C1
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 36-43-42-21-03-139-0070
- APU
- 36434221031390070
Description
This exceptional 2,900 square foot retail space is ideally situated at 524 Northlake Boulevard in North Palm Beach, Florida, within a thriving plaza. The property boasts a single-tenant occupancy and is zoned C1, offering significant potential for a variety of retail businesses. Its prime location ensures high visibility and substantial foot traffic, benefiting from its proximity to established businesses such as a dog grooming salon and a furniture store. The surrounding area is densely populated, with hundreds of residential units within a two-mile radius, guaranteeing a consistent flow of potential customers. Demographic data reveals an average household income exceeding $113,000 within a three-mile radius, and a population of over 80,000 residents within the same area. The property's APN is 36434221031390070. This presents a unique opportunity for businesses seeking a high-traffic, affluent location in a rapidly growing community. The lot size is not specified. This single-suite building offers a turnkey solution for immediate occupancy and business operations. The property's strategic location and strong demographics make it an attractive investment for discerning entrepreneurs. This is a rare opportunity to establish a successful business in a highly desirable area of North Palm Beach.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $565,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $520,000
- 6.5%
- $600,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $550,000
- Retail
- $570,000
- Mixed-Use
- $630,000
- Hospitality
- $550,000
- Educational
- $515,000
- Residential Income
- $660,000
- Energy
- $585,000
- Income-Based Land
- $630,000
- Food Service
- $475,000
Location Insight
- Map
- Local Demand
- City
- North Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0629
- Latitude
- 26.807
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA