2422 N MILITARY Trail, West Palm Beach, FL (MLS# B26068002)

2422 N MILITARY Trail, West Palm Beach, FL

$4,800,000

Virtual Tour

https://www.propertypanorama.com/2422-N-MILITARY-Trail-West-Palm-Beach-FL/unbranded

Property Type: Commercial Sale Square Footage: 4,950 Status: Active

Current Price: $4,800,000 List Date: 8/24/2026 Last Modified: 9/17/2026

Overview

Description

Excellent opportunity to acquire an income-producing commercial/industrial property. 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 .

Listing Details MLS# B26068002

General Property Information

Number Of Buildings: Yes
Property Sub Type: Mixed Use
Number Of Units Total: Yes
Occupant Type: Tenant
Building Area Main: 4950
Building Area Source: Appraiser
Year Built: 1975
Parking Total: 20
Lot Size Area: 26612
Lot Size Acres: Yes
Accessibility Features YN: Yes
Stories Total: Yes
Stories: Yes

Property Features

Building Features: Exterior Lighting; Private Restroom(s); Separate Office Area; Separate Warehouse Area Business Type: Accounting; Animal Grooming; Appliances; Arts and Entertainment; Auto Body; Auto Dealer; Auto Parts; Auto Rent/Lease; Auto Service; Auto Tires; Auto Wrecking; Car Wash; Commercial; Dance Studio; Fitness; Furniture; Industrial; Landscaping; Locksmith; Paints; Photographer; Professional Service; Retail; Storage; Upholstery; Warehouse Ceiling: Acoustic Documents Available: Contracts; Copy Of Lease(s); Enviro. Aud-PH1; Existing Survey; Rent Rolls Electric: 200+ Amp Service Fencing: Back Yard Flooring: Concrete; Terrazzo Foundation Details: Block Heating: Central; Central Building Location of Property: City Location; Corner Lot; Industrial Park; Near Business Park Parking Features: Assigned; Guest Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building Special Listing Conditions: Standard Sprinkler Description: None Source Of Expenses: Accountant Provided; Owner Provided Tenant Pays: Cable TV; Electricity; Exterior Electric Construction Materials: CBS; Concrete; Concrete Block - No Stucco Cooling: Central Air; Central Building Listing Terms: Cash; Lease Back Lot Features: Corner Lot Road Frontage Type: City Street; County Road Traffic Type: Heavy Road Responsibility: Public Maintained Road Road Surface Type: Asphalt; Paved Roof: Other Security Features: Building Security; Fire Alarm Sewer: Public Sewer Structure Type: Industrial; Office; Warehouse Utilities: Other Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Schedule Online Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 48000000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 2422
Street Direction Prefix: N
Street Name: MILITARY
Street Suffix: Trail
Municipality Type: Unincorporated
Municipal Code: 00
State Or Province: FL
Postal Code: 33409
Postal Code +4: 2907
Area: 5410
Geographic Area: PB23
Parcel Number: 00424324100000260
Subdivision Number: 10
Zoning: CG
Flood Zone: X
Property Description: STORES, ONE STORY

Financial Information

Tax Annual Amount: 13512.92
Tax Year: 2025
Tax Assessed/SOH Value: 746532
Tax Legal Description: MILITARY PARK HALLS ADD~ LTS 26 & 27 (LESS W 35 FT SR 809 R/W) & LTS 28 THRU 30
Assessor Market Value: 940615

Status Change Information

Major Change Timestamp: 2026-08-24T22:08:29Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-24T22:08:29Z
Status Change Date: 2026-08-24

More Information

Building and Property Details

# Of Toilets: 2
% Air Conditioned: 100
Maximum Ceiling Height: 32

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 2
Separate Gas Meters YN: Yes
Number Of Separate Gas Meters: 2
Separate Water Meters YN: No
Number Of Meters Total: Yes

Income and Expenses

Annual Total Expense: 35000
Gross Income: 168000
Insurance Expense: 5000
Maintenance Expense: 7000
Manager Expense: 8000

Originating Details

Originating System Key: 20260824211955298144000000
Originating System ID: M00000170

Documents

Flyer ›

Listing Office: Ibero Property Management & Real Estate Services

Last Updated: September - 17 - 2026

Broker Attribution: dwayne@iberopropertymgmt.com

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