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Property profile & analytics
OFF-MARKET Estimated value $1,430,000
Retail space

5301 Dixie Hwy West Palm Beach, FL 33405-3230

9,246 SF 1 ac lot Built 1925
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-5643797
Property summary
AI-generated overview

This exceptional 3,962-square-foot retail space is ideally situated on South Dixie Highway in the vibrant SoSo (South of Southern) neighborhood. Located between Southern Boulevard and Forest Hill Boulevard, this single-tenant property boasts excellent visibility and high traffic counts, ensuring maximum exposure for your business. The building features high vaulted ceilings and an open floor plan, offering considerable flexibility for customization. Whether you envision a spacious retail environment or a configuration with smaller sections and offices, the adaptable layout caters to diverse needs. A private bathroom adds convenience, while a separate back area provides ample space for storage, a break room, or other essential functions. The property is zoned GC and has an APN of 74434404340000010. This prime location presents a unique opportunity to establish or expand your business in a thriving South Florida community. The property's size and features make it suitable for a wide range of retail or office uses. Don't miss this chance to secure a prominent presence on one of South Florida's busiest thoroughfares. The lot size is not specified.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction CONCRETE
Total area 9,246 SF
Lot 1 ac (43,560 SF)
Zoning code GC
APN 74-43-44-04-34-000-0010
UPID US18-5643797
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
  • Hatfield Rug cleaners (Bike/Boat/Book/etc) Store
  • VASTA Performance Training and Physical Therapy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
$894k
Blend (final) Blend
$1.43M
Owner & transaction history
South Dixie Partners LLC · 6 yrs held
South Dixie Partners LLC
since 2020
Last sale
$950,000
7 recorded transactions
2020
Price N/A
2020
$950,000
2019
$960,100
2002
$385,000
1997
$140,600
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GC · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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