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Executive Summary

Excellent opportunity to acquire an income-producing commercial/industrial property located at 2422 N Military Trail in West Palm Beach, Florida. Situated on approximately 0.61 acre, the property features an approximately 4,950-square-foot building consisting of warehouse/service space and a dedicated office and showroom area.
Positioned along the heavily traveled N Military Trail corridor, the property offers excellent visibility, prominent signage exposure, convenient access, and ample on-site parking. The versatile layout is well suited for an investor, owner-user, business operator, automotive-related business, warehouse operation, or future redevelopment project, subject to existing leases, zoning, and governmental approvals.
Two established long-term tenants currently generate approximately $96,000 in annual rental income, providing immediate cash flow for an investor. The property also offers potential rental-income growth, with projected market rents of up to $5,500 per month per tenant, which could increase gross annual income to approximately $132,000, subject to lease terms and market conditions.
This is a unique opportunity to acquire a highly visible commercial/industrial property with stable tenants, income-growth potential, and long-term investment value in the West Palm Beach market.

The adjoining vacant parcel includes a cell phone tower that generates an additional approximately $72,000 per year. The balance of the land remains vacant, providing potential opportunities for expansion, additional parking, storage, future construction, or redevelopment, subject to zoning, tower lease restrictions, easements, and governmental approvals.
Together, the building and cell tower generate approximately $168,000 in total annual income, offering investors immediate cash flow with multiple opportunities for long-term growth and value enhancement.
Conveniently located along the established N Military Trail corridor near major roadways, businesses, shopping, residential communities, and other local amenities.
Contact Dwayne Barrett today for additional information or to schedule a private property tour.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,675,840 CAD
Price Per SF $1,348.65 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • General Retail Auto Repair
  • Industrial Service
Building Class C
Lot Size 0.63 AC
Rentable Building Area 4,950 SF
No. Stories 1
Year Built 1952
Parking Ratio 4.44/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 4
Zoning CG - General Commercial

Amenities

  • Bus Line
  • Fenced Lot
  • Signage
  • Air Conditioning

Utilities

  • Water
  • Sewer
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00-42-43-24-10-000-0260
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$939,001 CAD
  • Listing ID: 41877171

  • Date on Market: 2026-08-25

  • Last Updated:

  • Address: 2422 N Military Trl, West Palm Beach, FL 33409

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