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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Commercial land

6000 Military Trl Riviera Beach, FL 33407-1406

1.16 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-2075733
Property summary
AI-generated overview

This 1.16-acre commercial land parcel in West Palm Beach, Florida, presents a remarkable development opportunity. Located at 6000 N Military Trl, 33407, the property boasts 132 feet of frontage on N Military Trail, a high-traffic area with over 36,000 vehicles passing daily. The site is zoned CG (General Commercial), allowing for a variety of commercial uses. Its strategic location just south of Rapids Water Park and Tractor Supply Co., and a half-mile north of the Ballpark of the Palm Beaches (Spring Training home of the Houston Astros and Washington Nationals), ensures high visibility and accessibility. The clean, ready-to-develop site offers excellent potential for retail development, and a likely cross-parking arrangement with the adjacent Tractor Supply could enhance convenience. The asking price is $1,200,000. The property's APN is 56-42-42-36-45-000-0020. This is a for-sale-by-owner property, offering a unique chance to secure a prime location in a thriving commercial corridor. Palm Beach County location provides access to a robust consumer base and strong infrastructure. This exceptional property is ideal for businesses seeking significant growth potential in a high-demand area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.16 ac (50,573 SF)
Zoning code CG
APN 56-42-42-36-45-000-0020
UPID US18-2075733
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
AI Approach AI
$1.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M
Owner & transaction history
Riviera Beach Express Wash LLC · 4 yrs held
Riviera Beach Express Wash LLC
since 2022
Last sale
$1.0M
1 recorded transaction
2022
$1.0M
Zoning & alternative use
CG · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name General Commercial District
General category COMMERCIAL
Zone area 250.15 ac
Source Realmo
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