Property profile

5560 Pga Blvd Palm Beach Gardens, FL 33418

OFF-MARKET
Banks
Property ID
US18-4406730
4,112 SF 1.55 ac lot Built 1981
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,200 square foot freestanding building in Palm Beach Gardens, Florida presents a unique opportunity for businesses seeking a prominent location. Situated on a 1.55-acre lot at the intersection of PGA Boulevard and Central Boulevard, this Class A property enjoys high visibility and accessibility in a thriving commercial area near Rocco's Tacos. Built in 1981, the single-story building features a contemporary design with ample natural light and a spacious, adaptable open floor plan. The property is currently vacant and offers the chance for a custom buildout to perfectly suit your business needs. Zoned CN - Neighborhood Commercial, this versatile space is suitable for various uses, including medical, traditional, or executive offices, and retail. The building includes a secure vault, adding to its functionality. The exterior is designed for maximum visual impact, ensuring your business stands out. This prime location within a dynamic mix of commercial and residential properties provides an ideal environment for growth and success. The property's strategic placement ensures high traffic and exposure, making it an excellent investment for any discerning business.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1981
Construction CONCRETE
Total area 4,112 SF
Lot 1.55 ac (67,518 SF)
Zoning code CN
APN 52-42-42-11-00-000-3020
UPID US18-4406730

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5560 Pga Blvd Palm Beach Gardens, FL 33418-3961
Palm Beach Gardens metro Census 904 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$895k
Blend (final) Blend
$650k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.7M
2016
$1.7M

Zoning & alternative use

CN · Palm Beach Gardens, FL
Zoning description

compatible zoning districts for this category shall be the PO, CN, CR, CG1, and CG2 zoning districts. The Commercial category depicts existing commercial uses and proposes future commercial areas at primary intersections…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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