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100 Civic Center Way 1.22 Acres of Commercial Land Offered at $1,100,000 in Royal Palm Beach, FL 33411
Investment Highlights
- At a heavily-trafficked intersection off of Okeechobee and Royal Palm Beach Blvd.
- Ideal for retail banking, medical offices, or other commercial ventures.
- Approved plans for immediate development.
- 20 minute drive from Palm Beach International Airport.
Executive Summary
Unlock the potential of this prime 1.22-acre commercial lot, perfectly situated at the bustling intersection of Okeechobee Boulevard and Royal Palm Beach Boulevard. With its prime location, ease of development, and flexible zoning, this parcel offers a unique opportunity for investors or businesses looking to capitalize on the growing demand for commercial spaces in Royal Palm Beach. Whether you're planning to build a retail, banking, or medical establishment, this site provides a solid foundation for long-term success.
Property Facts Under Contract
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.22 AC |
| Property Type | Land | ||
| Zoning | CG - General Commercial | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.22 AC |
| Zoning | CG - General Commercial |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 1.22 AC |
| Price Per AC | $901,639.34 |
| Price | $1,100,000 |
| Price Per AC | $901,639.34 |
| Lot Size | 1.22 AC |
1.22 acre lot at 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
| Parcel Number | 72-41-43-26-28-003-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,443,081 |
Property Taxes
Parcel Number
72-41-43-26-28-003-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,443,081
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