713 Military TrlWest Palm Beach, FL 33415

  • Retail properties
  • 1,581 SF
For Sale
$800,000 View listing

Property Details for 713 Military Trl

Year built
1965
Construction
WOOD
Lot size
0.15 AC
Property size (Sq ft)
1,581 SF
Zone code
CG
Property type
Retail properties
Property subtype
Retail space
APN
00-42-43-36-20-000-0030
APU
424336200000030

Description

This exceptional 1,581-square-foot flex space, located at 713 N Military Trail in West Palm Beach, Florida, presents a unique investment opportunity. Built in 1965, this single-unit industrial property offers a versatile layout ideal for a variety of businesses. The asking price is $800,000. The property features a combination of attractive showroom and office space, seamlessly integrated with a substantial warehouse or workshop area, perfect for storage or production needs. Situated in the desirable 33415 zip code of Palm Beach County, this property benefits from excellent accessibility and visibility. While the lot size is not specified, the building itself provides ample space for operations. The property's blend of office and warehouse space makes it suitable for businesses requiring both administrative and operational areas. Its location in West Palm Beach offers easy access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. This is a rare opportunity to acquire a well-positioned flex space in a thriving Florida market. The property's strong features and strategic location make it an attractive investment for discerning buyers seeking a versatile and functional commercial space. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $538,886
    6.5%
    $497,434
    7%
    $461,903
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,108,302
    Geo Method
    $1,108,302
  • Alternative Use

    Use
    Valuation
    Residential
    $419,604
    Hospitality
    $384,355
    Educational
    $319,779
    Medical
    $330,776
    Retail
    $497,434
713 Military Trl, West Palm Beach, Florida

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.6878
Longitude
-80.1121
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
$7,783
$182,740
$267,110
$449,850
-
$182,740
$267,110
$449,850

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