9250 Belvedere RdWest Palm Beach, FL 33411

Property Details for 9250 Belvedere Rd

Year built

2007

Construction

CONCRETE BLOCKS

Lot size

1.00 AC

Property size (Sq ft)

1,245 SF

Property type

Office properties

Property subtype

Office buildings

APN

72-42-43-31-10-004-1100

APU

72424331100041100

Description

The Connect Corporate Center, located at 9250 Belvedere Rd in Royal Palm Beach, Florida (zip code 33411), offers 14 flex/warehouse units within a single, one-story, 2007-built industrial building. This Palm Beach County property is zoned IL - Limited Industrial and features a mix of office and warehouse space. Units are available in sizes ranging from 1,536 to 3,072 contiguous square feet, with a minimum divisible space of 1,536 square feet. Currently, 3,072 square feet of vacant space is available for lease. Each unit typically includes approximately 15% air-conditioned office space, a private restroom, warehouse space, and a mezzanine above the office area. High ceilings and one 14' overhead drive-in door are standard features. Units 110 and 111, each measuring 1,536 square feet, are adjacent and available for lease. The property does not include elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $382,748

  6.5%

  $353,306

  7%

  $328,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $346,334

  Geo Method

  $346,334

• Alternative Use

  Use

  Valuation

  Residential

  $438,099

  Hospitality

  $401,296

  Educational

  $333,874

  Medical

  $345,356

  Retail

  $519,360

Location Insight

City

Royal Palm Beach

County

Palm Beach

State

Florida

Latitude

26.691

Longitude

-80.1935

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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