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Space Description & Highlights
Park Overview The Nora District offers retailers the opportunity to establish an early presence in a new destination that is shaping the next era of West Palm Beach. Spanning 13.2 acres along North Railroad Avenue, the district brings together restored warehouse buildings, contemporary architecture, luxury hospitality, residential living, and creative office space in a setting centered on gathering, exploration, and everyday activity. The vision is rooted in creating memorable experiences, making it an appealing environment for brands seeking meaningful customer engagement rather than traditional storefront exposure alone. Phase I introduces approximately 80,000 square feet of boutique retail and food-and-beverage space within a carefully curated mix of hospitality, fashion, beauty, wellness, and lifestyle concepts. Century-old warehouse structures add character and authenticity while modern design establishes a fresh, vibrant atmosphere. Retailers will benefit from a district where shopping, dining, work, and leisure naturally intersect, encouraging repeat visitation and extended time spent on-site. The district is further energized by major mixed-use components that generate activity throughout the day and into the evening. The Nora Hotel, a 201-key luxury boutique hotel developed by BD Hotels and anchored by the acclaimed Pastis brasserie, will introduce a steady flow of visitors and guests. The George, an 11-story apartment community with 350 residences and ground-floor retail, adds an immediate neighborhood customer base. Surrounding demographics include average household incomes of approximately $180,000 and a 71-minute average dwell time, reflecting a customer base with both the spending power and willingness to linger, explore, dine, shop, and return. The area's continued growth as "Wall Street South," home to more than 300 financial firms, has fueled an influx of executives, entrepreneurs, and high-income professionals while attracting significant investment into West Palm Beach. This convergence of wealth, business activity, and population growth supports a retail environment where brands can benefit from strong consumer engagement and a steady mix of residents, office users, hotel guests, and visitors seeking new experiences. Positioned near US Route 1 with convenient access to Interstate 95, Palm Beach Island, Brightline, and Palm Beach International Airport (PBI), Nora offers retailers a place within a community district built for discovery, c
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Building Description
Park Overview
The Nora Project has three main components: 1)Streetscape beautification, infrastructure upgrades, and the creation of a dynamic public realm on North Railroad Avenue 2)The adaptive reuse and development of over 150,000 square feet of commercial space along North Railroad Avenue 3)Ground-up development of 1.9M SF of residential, office, and hotel with ground floor retail between 10th Street and Palm Beach Lakes Boulevard
24 Hour Access
Atrium
Banking
Courtyard
Restaurant
Air Conditioning
Cafe
Amenities24 Hour Access; Atrium; Banking; Courtyard; Restaurant; Air Conditioning; Cafe
Walk Score70/100
Approved Uses by Zoning — North Railroad Avenue District 5 (ICD-5)
Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.
Allowed by right
Ground floor residential (P3: not permitted on Dixie Highway), Multiple family dwelling, Live/work, Ground floor retail (P21: light industrial may be allowed when associated with a retail component of at least 20% of the tenant space), Office, Hotel (boutique hotels preferred), Restaurant, Self storage and warehousing for families and small business as a primary use, under 'Other commercial' (P19: max 3 stories/40 ft, max 1.5 acre lot, not within required active-use area, active use along 80% of ground-floor frontage), Other commercial (barber/beauty, clubs and lodges, exercise studios, banks serving the public, laundry with no cleaning on premises, music/dance studios, pet grooming, postal, travel agencies, printing), Structured parking as primary use (must comply with subdistrict building requirements), Off-site accessory surface parking (P5: only on vacant properties with frontage on N Railroad Ave, Spruce Ave or 11th St; no demolition; not on 10th St frontage except within 100 ft of N Railroad Ave)
Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
3,478
Population
$52,083
Median Household Income
38
Median Age
1,735
Households
$324,600
Median Home Value
Household Income of 1,735 households
<$50k845 49%
$50–100k415 24%
$100–150k310 18%
$150k+165 10%
Age of 3,478 residents
Under 18675 19%
18–34942 27%
35–54895 26%
55–64498 14%
65+468 13%
Trade-Area Rings · Distance from Property
Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
17,744
population
8,493 households
$99,151 avg income
3 Miles
83,340
population
34,780 households
$118,677 avg income
5 Miles
191,402
population
77,951 households
$96,448 avg income
Frontage Traffic vs. Palm Beach County's Busiest Roads
This property fronts N Railroad Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
30,500vehicles / day on N Railroad Ave (AADT)
I‑95 (interstate)255,000
Florida Turnpike95,000
Okeechobee Blvd62,000
US‑1 / Federal Hwy46,000
Military Trail40,000
◆ N Railroad Ave30,500
This frontage carries about 12% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on N Railroad Ave 30,500 AADT between AUSTRALIAN AVE (2025) 20,600 AADT between PB LAKES BLVD (2025) 18,100 AADT between SR-704/OKEECHOBEE BL and BANYAN BLVD (2025) 18,100 AADT between OKEECHOBEE BLVD and BANYAN BLVD (2025)
Risk & Incentives
🌊 Flood Zone X · minimal✓ Not in Flood HazardNot an Opportunity Zone
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Listing Courtesy of Lantern Real Estate
Matthew Seigel
Lantern Real Estate
Inquire about this property
Key highlights
The Nora District introduces retailers to a vibrant mixed-use community of boutique retail, hospitality, residences, and creative office space.
Enjoy built-in demand from 350 residences at The George, guests of the 201-key Nora Hotel, creative office users, and visitors drawn to the district.
West Palm Beach's emergence as "Wall Street South," where over 300 financial firms are helping drive population growth, investment, and spending.
Join 80,000 square feet of retail and food and beverage space within a curated collection of fashion, wellness, dining, and lifestyle destinations.
Affluent customer base with average household incomes of $180,000 and a 71-minute average dwell time, supporting repeat site visitations.
Connects retailers to a highly visible location near US Route 1, Interstate 95, Brightline, Palm Beach Island, and Palm Beach International Airport.
Extended Unit Specifications
Suite1st Floor
AvailableNow
Clear Height—
Drive-In Bays—
Dock-High Bays—
Office SF—
Restrooms—
Parking Ratio—
Op. Expenses—
Appraiser Data
Parcel Control No.74434315200050200
Assessed Value$228,879
Land Value$228,879
Legal Description
BRELSFORD PARK
Sale History
Sale 1$10 · 9/2022
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI)5.3 mi12 min drive
Ft. Lauderdale (FLL)45.1 mi
Miami Intl (MIA)65.5 mi
⚓ Seaports
Port of Palm Beach3.5 mi
Port Everglades43.5 mi
PortMiami65.5 mi
More available units in this building · 885 N Railroad Ave