ROYAL PALM DRIVE, CORAL SPRINGS FL 33071 - Commercial LAND FOR SALE


Coral Springs, FL 33065- Outer Coral Springs109,514 SF
$3,500,000 USD
305-409-3045
ROYAL PALM DRIVE, CORAL SPRINGS FL 33071, Coral Springs, FL for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/20
109,514 SF

ROYAL PALM DRIVE, CORAL SPRINGS FL 33071
Coral Springs, FL 33065
Outer Coral Springs


HIGHLIGHTS

  • One of the last available undeveloped continuous 2.52 acres lot's located in the center of Coral Springs south Florida.
  • Royal Palm Blvd traffic counts 27,500 vehicles daily.
  • LAND AREA 2.52 acres - 109,706 SF

OVERVIEW

Exceptional Commercial Development Site Available in Prime Coral Springs Location Address: ROYAL PALM DRIVE CORAL SPRINGS, 33071?. Property ID:? 484122071030 (Strategically positioned at the intersection of 89th Drive and Royal Palm Boulevard, offering excellent visibility and accessibility. The property is conveniently located just one block east of the highly trafficked University Drive). Property Details: Land Area: A substantial 2.52 acres, totaling 109,706 square feet of prime, undeveloped land. This contiguous parcel offers significant flexibility for various development concepts. Zoning: Designated B-1 (Neighborhood Business), this zoning district is intended to provide convenient locations for a wide array of commercial and service establishments that cater to the needs of the surrounding residential areas. Permitted uses may include retail stores, professional offices, banks, restaurants, and various personal service businesses. Location Advantages: Situated in the affluent and well-established Coral Springs market within Broward County, South Florida. This location benefits from strong demographics, a high quality of life, and a robust local economy. The property's central position within Coral Springs enhances its appeal to businesses seeking to serve a broad customer base. Traffic and Visibility: Benefit from exceptional exposure with significant daily traffic counts: Royal Palm Boulevard: Approximately 27,500 vehicles per day, providing consistent visibility to passing motorists. University Drive: Approximately 42,500 vehicles per day, a major north-south thoroughfare ensuring maximum exposure and accessibility to a large customer base. Investment and Development Opportunity: This offering presents a rare and compelling opportunity for investors and developers to acquire one of the last remaining undeveloped parcels of this size in the central core of Coral Springs. The combination of its strategic location, favorable B-1 zoning, and high traffic counts creates an ideal environment for a successful commercial development. Potential uses could include a retail shopping center, a multi-tenant office complex, a mixed-use development incorporating retail and professional services, or a single-tenant build-to-suit project. Key Highlights: Prime Undeveloped Land: A substantial 2.52-acre contiguous parcel, offering significant development potential. Strategic Intersection: Located at the high-visibility intersection of 89th Drive and Royal Palm Boulevard. Proximity to Major Thoroughfare: Just one block east of University Drive, ensuring excellent regional connectivity. Strong Demographics: Situated within the affluent Coral Springs market with a desirable customer base. High Traffic Counts: Exceptional daily vehicle traffic on both Royal Palm Boulevard and University Drive. Rarity in the Market: One of the last large undeveloped parcels available in this central Coral Springs location.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$1,392,151/AC

PRICE/SF

$32 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Medical, Religious Facility

LAND ACRES

2.51 AC

LAND SF

109,514 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

B1

APN/PARCEL ID

48-41-22-07-1030

ASK ABOUT THIS PROPERTY

Alex LizamaColdwell Banker Commercial RealtyMore Info
305-409-3045

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Alex LizamaColdwell Banker Commercial RealtyMore Info
305-409-3045

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