7959 Southern BlvdWest Palm Beach, FL 33411

Property Details for 7959 Southern Blvd

Year built

1959

Construction

WOOD FRAME

Lot size

1.93 AC

Property size (Sq ft)

1,440 SF

Zone code

CG

Property type

Industrial properties

Property subtype

Other warehouses

APN

00-42-43-27-05-006-4210

APU

424327050064210

Description

This exceptional industrial property, located at the highly trafficked northeast corner of Southern Boulevard (US-98) and Benoist Farms Road in Palm Beach County, presents a unique investment opportunity. The site boasts unparalleled visibility and accessibility, strategically positioned on a major East/West thoroughfare averaging over 84,000 vehicles daily. Its proximity to the Florida Turnpike (79,000 VPD) further enhances its strategic value. The property is fully approved for a gas station and drive-thru restaurant, capitalizing on the dense demographics and affluent population in the surrounding area. A strong retail presence anchors the immediate vicinity, including a major shopping center (Shoppes of Southern Palms, 230,000 sq ft) with national tenants like Kohl's and Dick's Sporting Goods, as well as other popular restaurants such as Dunkin' Donuts and Texas Roadhouse. Nearby national chains include Wawa, Burger King, Chick-fil-A, McDonald's, Lowe's, and Home Depot. The I-Think Amphitheatre is conveniently located within one mile. The affluent 1-mile radius boasts an average household income of $170,000, underscoring the significant market potential. The annual lease rate is $325,000 NNN. This property offers an unparalleled combination of location, visibility, and development potential, making it an exceptional investment opportunity in a thriving market.

• Alternative Use

  Use

  Valuation

  Residential

  $506,717

  Hospitality

  $464,150

  Educational

  $386,167

  Medical

  $399,448

  Retail

  $600,705

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.6803

Longitude

-80.1734

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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