3969 Military TrlGreenacres, FL 33463

Property Details for 3969 Military Trl

Year built

2005

Construction

CONCRETE

Lot size

1.59 AC

Property size (Sq ft)

16,294 SF

Zone code

CI

Property type

Retail properties

Property subtype

Retail space

APN

18-42-44-24-38-001-0000

APU

18424424380010000

Description

This exceptional commercial property presents a rare opportunity to lease a freestanding retail building totaling 16,294 square feet situated on a generous 1.59-acre lot in the thriving city of Greenacres, Florida. Located at 3969 S Military Trail, this single-tenant space offers significant potential for a variety of businesses. The property boasts ample on-site parking, catering to the needs of both employees and customers. The building's strategic location at the signalized intersection of Lake Worth Road and S Military Trail benefits from a combined Annual Average Daily Traffic (AADT) of 80,000 vehicles, ensuring high visibility and accessibility. The property is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific requirements. All uses are considered, making this a versatile option for a wide range of commercial enterprises. The property is classified as Retail, Land, and Restaurant, offering flexibility in its potential use. Palm Beach County location provides access to a strong consumer base and robust infrastructure. This is an ideal opportunity for a business seeking a prominent location with high traffic counts and ample space. The 16,294 square foot building sits on a 1.59-acre lot in the 33463 zip code. The property's size and location make it an attractive proposition for businesses seeking significant visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $6,944,634

  6.5%

  $6,410,432

  7%

  $5,952,544

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,149,944

  Geo Method

  $11,149,944

• Alternative Use

  Use

  Valuation

  Residential

  $5,407,438

  Hospitality

  $4,953,185

  Educational

  $4,120,992

  Medical

  $4,262,719

  Retail

  $6,410,432

Location Insight

City

Greenacres

County

Palm Beach

State

Florida

Latitude

26.6192

Longitude

-80.114

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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