615 W Lantana Rd Lantana, FL 33462
- Grocery and convenience stores
- 408 SF
- 0.14 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 615 W Lantana Rd
- Year built
- 1962
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 408 SF
- Zone code
- C1
- Property type
- Grocery and convenience stores
- APN
- 40-43-44-34-09-003-0260
- APU
- 40434434090030260
Description
This exceptional commercial property at 615 W Lantana Road, Lantana, Florida presents a rare investment opportunity. The 408 square foot building sits on a 0.14-acre lot and has undergone a complete remodel. A brand-new roof was installed in 2025, ensuring long-term structural integrity. The property includes a valuable walk-in cooler, a key asset for food-related businesses. Currently operating as a thriving bakery, it boasts a steady customer base and holds a beer and wine license, expanding its revenue potential. This turnkey operation is ready for immediate income generation. The versatile space is ideally suited for a variety of businesses, offering the potential to continue as a bakery, transition into a convenience store, or accommodate a completely new venture. The prime location in Lantana ensures high visibility and accessibility, attracting a consistent flow of customers. This is a unique chance to acquire a profitable, established business with significant upside potential in a desirable Florida market. The asking price is $815,000. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $440,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $500,000
- Retail
- $370,000
- Mixed-Use
- $405,000
- Hospitality
- $470,000
- Educational
- $420,000
- Residential Income
- $440,000
- Energy
- $485,000
- Income-Based Land
- $500,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.057
- Latitude
- 26.5871
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA