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Property profile & analytics
OFF-MARKET
Distribution centers

581 105Th Ave Royal Palm Beach, FL 33411

6,900 SF Built 2007
Property ID
US18-2047492
Property summary
AI-generated overview

This 6,900 square foot commercial property, located at 581 105th Ave N in Royal Palm Beach, Florida (zip code 33411), presents a rare opportunity. This Class B industrial/office space, built in 2007, is zoned IG—INDUSTRIAL GENERAL (72-ROYAL PALM BEACH) and offers exceptional versatility. Currently configured for classic auto storage, the property's zoning allows for multiple uses, making it ideal for a variety of businesses. The space comprises four combined condo units, featuring modern finishes throughout. Access is seamless with six large roll-up doors, a mezzanine office loft, and multiple storefront entries. Included in the sale are auto lifts. The expansive garage area boasts high ceilings and polished floors, creating a professional and inviting atmosphere. Its prime location between West Palm Beach and the Western Communities provides excellent access to major retailers such as Costco, Marshalls, and HomeGoods, as well as numerous dining options. The property benefits from high traffic counts on Southern Blvd (approx. 165,000 vehicles daily) and convenient access to major roadways including SR-7/US 441, Southern Blvd, the Turnpike (3 miles away), and I-95 (9 miles away). The asking price is $2,225,000. This owner/user investment opportunity offers a blend of modern amenities, flexible zoning, and a strategic location.

Property profile
Verified
Property type Distribution centers
Year built 2007
Total area 6,900 SF
UPID US18-2047492
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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