11001 Southern BlvdRoyal Palm Beach, FL 33411

Property Details for 11001 Southern Blvd

Year built

2006

Construction

CONCRETE

Lot size

49.95 AC

Property size (Sq ft)

67,541 SF

Zone code

CG

Property type

Retail properties

Property subtype

Community centers

APN

72-41-43-35-10-001-0000

APU

72414335100010000

Description

This exceptional retail property, Southern Palm Crossing, located at 11001 Southern Blvd in Royal Palm Beach, Florida (zip code 33411), offers 7,020 square feet of prime commercial space for lease. The building is comprised of four individual suites, currently entirely vacant, presenting a unique opportunity for multiple tenants or a single occupant seeking a larger space. Each suite offers flexibility, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 2,040 square feet. This allows for adaptability to various business needs and expansion plans. The property's strategic location in Palm Beach County ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The property is categorized as a multi-tenant retail building, providing a diverse and vibrant environment. This is a rare opportunity to secure a substantial retail space in a thriving Florida community. The address is easily accessible and highly visible, offering excellent potential for business growth and success. The entire 7,020 square feet is available for lease immediately. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $30,523,078

  6.5%

  $28,175,148

  7%

  $26,162,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $47,347,160

  Geo Method

  $47,347,160

• Alternative Use

  Use

  Valuation

  Residential

  $23,766,792

  Hospitality

  $21,770,254

  Educational

  $18,112,596

  Medical

  $18,735,516

  Retail

  $28,175,148

Location Insight

City

Royal Palm Beach

County

Palm Beach

State

Florida

Latitude

26.6826

Longitude

-80.2229

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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