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4040 S Military Trl
2,106 SF 100% Leased Retail Building Lake Worth, FL $1,200,000 ($570/SF)
Investment Highlights
- Direct frontage on Military Trail just off the corner with Lake Worth Road
- Special Exception for Auto Repair
- Ideal assemblage and redevelopment opportunity
Property Facts
zoning
| Zoning Code | CG |
About 4040 S Military Trl , Lake Worth, FL 33463
.5924-acre commercial site with a 2,106 SF commercial/industrial building for sale. The building has 728 SF of office space (28’ x 26’) on the North end of the building. There is 1,378 SF of warehouse space (53’ x 26’) on the South end of the building. The building consists of CBS construction with a Twin-T concrete roof system. There are (4) 10’ wide x 12’ high overhead doors. The clear height in the warehouse is 14’ clear. Currently, the property operates on septic with well water. Water and sewer are available on the South Side of Lake Worth Road adjacent to Jiffy Lube. Located on the Southeast quadrant of Lake Worth Road and South Military Trail, Palm Springs, FL in Central Palm Beach County. Currently the property has a special exception for auto repair. However, current zoning allows a variety of commercial uses including, but not limited to, retail sales, medical or dental offices, financial institutions, professional or business offices or a Commercial Planned Development. The property is currently zoned (CG) Commercial General – Palm Springs, FL. Currently, there is a Special Exception on the property allowing automotive repairs. Ideal redevelopment opportunity or user building. Sale Price reduced to: $1,200,000.00 cash to Seller.
Traffic
| Collection Street | Cross Street | Traffic Volume | Year | Distance |
|---|---|---|---|---|
| S Military Trl | Lake Worth Rd, N | 35,801 | 2020 | 0.02 mi |
| S Military Trl | Lake Worth Rd, N | 35,897 | 2018 | 0.02 mi |
| South Military Trail | Lake Worth Rd, N | 37,227 | 2019 | 0.05 mi |
| Lake Worth Rd | Childs St, W | 44,048 | 2018 | 0.06 mi |
| Lake Worth Rd | Childs St, W | 44,980 | 2020 | 0.06 mi |
| Lake Worth Road | S Price St, W | 43,679 | 2019 | 0.11 mi |
| Lake Worth Rd | S Price St, W | 41,221 | 2018 | 0.11 mi |
| Lake Worth Rd | S Military Trl, E | 36,256 | 2018 | 0.12 mi |
| Lake Worth Rd | S Military Trl, E | 42,285 | 2013 | 0.12 mi |
| S Military Trl | Landar Dr, S | 37,896 | 2018 | 0.15 mi |
Transportation
Commuter Rail |
||
|---|---|---|
|
Lake Worth Commuter Rail (Tri-County Commuter)
  |
7 min drive | 2.8 mi |
|
Boynton Beach Commuter Rail (Tri-County Commuter)
|
14 min drive | 7.8 mi |
|
||
|---|---|---|
|
Palm Beach International Airport
|
15 min drive | 6.1 mi |
PROPERTY TAXES
| Parcel Number | 70-42-44-25-08-007-0040 | Improvements Assessment | $73,793 (2019) |
| Land Assessment | $143,730 (2019) | Total Assessment | $217,523 (2019) |
Suite 100
Palm Beach Gardens,
FL - 33410
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