Technical
Financial
Distress signals
Property profile

7233 N Seacrest Blvd Lantana, FL 33462

FOR SALE
Outlet malls
Property ID
US18-5368418
135,268 SF 14.8 ac lot Built 1989
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This ±1-acre commercial land parcel presents a unique investment opportunity in the thriving Lantana, Florida market. Located at 7233 N Seacrest Blvd, in Palm Beach County, this property boasts exceptional visibility and accessibility due to its prime location directly across from a Home Depot. The site is zoned CG (General Commercial), allowing for a wide range of development possibilities. The high-traffic area ensures significant exposure to a large customer base. Nearby established businesses include a diverse mix of national retailers and popular restaurants, creating a strong and established commercial corridor. These include Winn Dixie, Costco, Publix, Wawa, Starbucks, Family Dollar, Tire Kingdom, Tires Plus, Wendy's, Popeyes, Taco Bell, RaceTrac, and Advance Auto Parts, demonstrating the area's robust retail environment and strong consumer demand. The property's location at latitude 26.57062761391176 and longitude -80.06715295230761 offers easy access for both customers and employees. This exceptional location, combined with the favorable zoning, makes this property ideal for a variety of commercial ventures. The property is available for both sale and lease, providing flexibility for potential investors and businesses. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area of South Florida. Contact us today to learn more about this exceptional property.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1989
Construction STEEL FRAME
Total area 135,268 SF
Lot 14.8 ac (644,858 SF)
Zoning code CG
APN 00-43-45-09-23-000-0010
UPID US18-5368418

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor
  • Garden Center
  • Locksmith (Bike/Boat/Book/etc) Store
  • Rental Equipment Company
  • Physician

Location

7233 N Seacrest Blvd Lantana, FL 33462
Lantana metro Census 5601 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$35.19M
Comparable Approach Comparable
$26.63M
Blend (final) Blend
$28.91M

Owner & transaction history

since 2021
Last sale
$26.0M
4 recorded transactions
2021
$26.0M
2021
$17.0M
2019
$13.1M
2009
Price N/A

Zoning & alternative use

CG · Lantana, FL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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