1370 S Military Trl - Auto Repair FOR SALE


West Palm Beach, FL 33415
$3,450,000 USD
561-232-7899
1370 S Military Trl, West Palm Beach, FL for Sale
$3,450,000 USD
Auto Repair - FOR SALE
1/5
null | Request Cap Rate

1370 S Military Trl
West Palm Beach, FL 33415


HIGHLIGHTS

  • 1.14-AC Block-End Corner Assemblage | 5 Contiguous Parcels | S. Military Trail & Edward Road
  • 44,107 Vehicles Per Day | Dual Access via Military Trail & Edward Road | Ideal for Drive-Through, QSRs, Automotive Users
  • UI (Urban Infill) Zoning | Retail, QSR, Medical, Automotive, Self-Storage & Mixed-Use Permitted | Unincorporated Palm Beach County
  • Covered Land Play | $15,000/Month Gross Income from M-T-M Tenant | Positive Carry During Entitlement
  • Redevelopment-Ready Assemblage | Existing Structures Priced as Tear-Downs | Full Utilities In Place | Favorable Entitlement Jurisdiction
  • All Reasonable Offers & Terms Considered | Cooperating Brokers Fully Protected

OVERVIEW

GoCommercial is pleased to offer for sale an exceptional retail development assemblage at 1370 S Military Trail, West Palm Beach, FL 33415 — a 1.14-acre, five-parcel covered land play at the block-end corner of S. Military Trail and Edward Road in Unincorporated Palm Beach County. The site carries Urban Infill (UI) zoning on four of the five parcels, with the fifth parcel (RM) subject to a pending rezone to match the UI designation of the adjacent parcels. UI zoning supports a broad spectrum of by-right development uses, including QSR / drive-thru restaurants, express car wash, medical and urgent care, automotive service, small bay industrial, neighborhood strip center, self-storage, daycare/childcare facilities, mixed-use, and pad site development. The assemblage's block-end corner position provides full wrap-around vehicular access from both S. Military Trail (northbound and southbound) and Edward Road, satisfying the dual-access requirements of drive-thru prototypes, car wash builds, and outparcel users. Traffic counts of 44,107 vehicles per day on S. Military Trail place this corridor among the highest-volume retail arteries in Palm Beach County. The property currently generates $15,000/month in gross income from a month-to-month tire center tenant occupying the front parcel, providing positive carry during entitlement and permitting. The tenant can remain in place through a buyer's development timeline or the property can be delivered fully vacant at closing. The two rear structures are functionally obsolete and priced for tear-down /redevelopment. Unincorporated Palm Beach County jurisdiction provides a materially faster entitlement pathway than neighboring municipal jurisdictions, making this an ideal candidate for build-to-suit, ground lease, or fee-simple retail development. The site is also well-suited for buyers seeking small bay industrial, flex, or last-mile delivery uses permitted under the UI designation. All reasonable offers and terms will be considered. Broker Participation Welcomed.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$2,156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Prime Military Trail Corner Assemblage

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Fast Food, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

UI

APN/PARCEL ID

00-42-44-12-06-000-0013

ASK ABOUT THIS PROPERTY

Brad KuskinGoCommercialMore Info
561-232-7899

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Brad KuskinGoCommercialMore Info
561-232-7899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.