7800 Okeechobee Blvd West Palm Beach, FL 33411-2147
Property profile & analytics
7800 Okeechobee Blvd West Palm Beach, FL 33411-2147
- Strip malls
- 23,450 SF
- 6.54 lot acres
Property ID
US18-2762429
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tru Water Damage Care / Hardware & Home Improvement / Construction Company
- Best Brakes Auto Repair / Auto Repair Shop
- Golden Shoppes / Business Service Center / Corporate Office
- Mobil 1 Lube Express / Auto Repair Shop
Property Details for 7800 Okeechobee Blvd
- Year built
- 2004
- Construction
- CONCRETE
- Lot size
- 6.54 lot acres
- Property size
- 23,450 SF
- Zone code
- GC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 74-42-43-28-43-004-0000
- APU
- 74424328430040000
Description
This exceptional retail opportunity presents a thriving, established restaurant in West Palm Beach, Florida. Located at 7800 Okeechobee Boulevard, zip code 33411, this 2,663 square foot business has been a community favorite for over a decade, serving delicious Dim Sum and Chinese cuisine. Built in 2004, the restaurant boasts a loyal customer base, operating six days a week from 11:00 AM to 9:00 PM (closed Tuesdays). The property is situated in Palm Beach County and offers a turnkey operation for a prospective buyer looking to enter the established restaurant market. The asking price is $275,000. This presents a unique chance to acquire a profitable, well-regarded business with a proven track record in a desirable location. The substantial square footage provides ample space for dining, kitchen operations, and potential expansion. The property's location on Okeechobee Boulevard ensures high visibility and accessibility for customers. This is an ideal investment for an experienced restaurateur or a savvy investor seeking a strong return on investment in a vibrant Florida market. The property itself has a lot size of 0 square feet, indicating the building may be part of a larger complex or development. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,315,000
- 6.5%
- $5,830,000
- 7%
- $5,415,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,781,000
- AI Estimate
- $7,033,000
Market price range: $4.64M - $9.78MMarket price range: $1.05M - $7.79M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $6,905,000 Current use
- AUTO REPAIR, GARAGE
- $12,070,000 Change: +75% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $9,790,000 Change: +42% Conversion: Difficult
- RETAIL STORES
- $9,730,000 Change: +41% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1643
- Latitude
- 26.7075
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$209,565
$3,141,322
$5,971,786
$9,113,108
-
$3,141,322
$5,971,786
$9,113,108
