941 Military TrlWest Palm Beach, FL 33415

  • Retail properties
  • 5,888 SF
For Sale
$4,799,999 View listing

Property Details for 941 Military Trl

Year built
1974
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
5,888 SF
Zone code
C-1
Property type
Retail properties
Property subtype
Retail space
APN
22-42-43-36-02-000-0041
APU
22424336020000041

Description

This exceptional retail property, located at 941-980 S Military Trl, West Palm Beach, FL 33415, presents a compelling investment opportunity. The property boasts a substantial 15,000 square feet of retail space, ideally situated in Palm Beach County. Its strategic location offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The asking price for this unique asset is $4,799,999. The property's size and layout provide flexibility for multiple tenants or a single large-scale operation. This is a rare chance to acquire a significant retail presence in a thriving West Palm Beach market. The property's address is specifically 941-980 S Military Trl, situated within a dynamic commercial area. This offering represents a chance to capitalize on the robust economic activity and high foot traffic characteristic of this prime location. The property's substantial square footage allows for diverse tenant configurations, catering to a wide range of retail needs. Detailed financial information and lease terms are available upon request. This is a turnkey opportunity for investors seeking a high-return retail investment in a desirable Florida market. Don't miss this chance to secure a prominent retail space in West Palm Beach. The property is classified as retail and is ready for immediate occupancy or lease. Further details regarding the property's layout and potential uses can be provided upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,006,934
    6.5%
    $1,852,555
    7%
    $1,720,229
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,127,568
    Geo Method
    $4,127,568
  • Alternative Use

    Use
    Valuation
    Residential
    $1,562,699
    Hospitality
    $1,431,424
    Educational
    $1,190,928
    Medical
    $1,231,886
    Retail
    $1,852,555
941 Military Trl, West Palm Beach, Florida

Location Insight

City
Haverhill
County
Palm Beach
State
Florida
Latitude
26.6909
Longitude
-80.112
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
$20,145
$384,302
$535,582
$919,884
-
$384,302
$535,582
$919,884

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