1521 Blue Heron BlvdWest Palm Beach, FL 33404

  • Strip malls
  • 4,720 SF
For Lease
$25/SF/YR View listing

Property Details for 1521 Blue Heron Blvd

Year built
1966
Construction
CONCRETE
Lot size
1.47 AC
Property size (Sq ft)
4,720 SF
Zone code
CN
Property type
Strip malls
Property subtype
Neighborhood centers
APN
56-43-42-29-04-006-0012
APU
56434229040060012

Description

This exceptional retail opportunity in West Palm Beach, Florida, presents multiple units ranging from 600 to 1,150 square feet within a thriving neighborhood plaza. Boasting over 34,000 cars passing daily, this highly visible location at 1521 W Blue Heron Blvd benefits from a loyal customer base drawn from nearby residential areas and schools, including John F. Kennedy Middle School and Suncoast Community High School. The plaza's convenient location, just one mile east of I-95 and less than two miles from the Port of Palm Beach, ensures excellent accessibility. Ample parking is available for customers and tenants. The building offers tenant signage and separately metered utilities. Nearby established businesses include Kentucky Fried Chicken, Dunkin' Donuts, Taco Bell, and O'Reilly Auto Parts, creating a strong retail synergy. This property in Palm Beach County, zip code 33404, offers a fantastic chance to establish or expand your retail presence in a high-traffic area with a built-in customer base.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,450,710
    6.5%
    $2,262,194
    7%
    $2,100,608
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,308,784
    Geo Method
    $3,308,784
  • Alternative Use

    Use
    Valuation
    Residential
    $1,908,245
    Hospitality
    $1,747,942
    Educational
    $1,454,267
    Medical
    $1,504,282
    Retail
    $2,262,194
1521 Blue Heron Blvd, West Palm Beach, Florida

Location Insight

City
Riviera Beach
County
Palm Beach
State
Florida
Latitude
26.7807
Longitude
-80.0798
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
$39,108
$432,708
$1,020,049
$1,452,757
-
$432,708
$1,020,049
$1,452,757

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