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Property profile & analytics
OFF-MARKET Estimated value $1,180,000
Strip malls

838 Northlake Blvd North Palm Beach, FL 33408-5210

6,800 SF 0.52 ac lot Built 1966
Entity Owned ~ Est. High Equity
Property ID
US18-0933152
Property summary
AI-generated overview

This exceptional 6,800-square-foot retail space is located at 838 Northlake Boulevard in Lake Park, Florida, 33408. The property is a single-tenant, freestanding building situated on a highly trafficked section of Northlake Boulevard, just east of Prosperity Farms Road. The building features a C1 zoning designation and APN 36434220031260010. This endcap space offers a perfect layout for various uses, including traditional office spaces or businesses requiring office areas and internal storage. Ample, free, unreserved parking is available for both employees and customers. Recent improvements include repaving and resealing of the parking lot. The property benefits from its location amongst established businesses, providing excellent visibility and accessibility. This is a unique opportunity to secure a prominent location in a thriving commercial area. The building is beautifully maintained and presents a single-story design. The property's address is easily accessible and highly visible from Northlake Boulevard, ensuring strong exposure to potential customers. This space offers a compelling combination of location, amenities, and functionality, making it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Construction WOOD
Total area 6,800 SF
Lot 0.52 ac (22,599 SF)
Zoning code C1
APN 36-43-42-20-03-126-0010
UPID US18-0933152
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$774k
Blend (final) Blend
$1.18M
Owner & transaction history
Med National INC
Med National INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
C1 · North Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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