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100 Civic Center Way - 1.22 Acre Vacant Land Royal Palm Beach

1.22 Acres of Commercial Land Offered at $1,400,000 in Royal Palm Beach, FL 33411

Investment Highlights

  • Heavy Traffic- Off Okeechobee and Royal Palm Beach BLVD
  • Corner of Very Busy Intersection
  • 1.22 Acres Vacant Land
  • 20 minute drive from Palm Beach International Airport

Executive Summary

1.22 Acres of vacant land, Prime Development Opportunity for new standalone building, Corner of high traffic intersection, Zoned General Commercial

Property Facts

Price $1,400,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Bank
  • Medical
Total Lot Size 1.22 AC

1 Lot Available

Lot

Price $1,400,000
Price Per AC $1,147,541
Lot Size 1.22 AC

100 Civic Center Way, Royal Palm Beach, 33411

Description

This 1.22-acre parcel is strategically located in the plaza at the corner of Okeechobee Boulevard and Royal Palm Beach Boulevard. It shares the plaza with a large medical building leased to Cano Health and a standalone Starbucks currently under construction. The current site plan outlines a 3,750 sq. ft. bank, with active efforts to obtain site plan amendments for a proposed 6,000 sq. ft. medical office. In 2022 traffic count for Okeechobee Blvd was over 40,000 vehicles.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
72-41-43-26-28-003-0000
Land Assessment
$1,266,189
Improvements Assessment
$54,246
Total Assessment
$1,320,435

zoning

Zoning Code CG- General Commercial
CG- General Commercial
  • Listing ID: 31084068

  • Date on Market: 2/29/2024

  • Last Updated:

  • Address: 100 Civic Center Way, Royal Palm Beach, FL 33411

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