300 10Th StLake Park, FL 33403
- Office properties
- 5,600 SF
Property Details for 300 10Th St
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 5,600 SF
- Zone code
- C2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 36-43-42-20-01-046-0240
- APU
- 36434220010460240
Description
This exceptional Lake Park, Palm Beach County medical office building offers 6,000 square feet of space across two stories in a single building. Built in 1978 and extensively renovated in 2017, the property boasts five suites, with two currently available. The suites are customizable, ranging from a minimum of 500 square feet to a maximum contiguous space of 2,000 square feet. A total of 2,000 square feet is currently vacant, presenting a significant opportunity for immediate occupancy. The building features plentiful parking, ensuring convenient access for patients and staff. Its prime location offers exceptional accessibility, being just minutes from I-95, providing easy ingress and egress for clients and employees. The building's recent renovations ensure a clean, modern aesthetic, ideal for medical practices seeking a professional and welcoming environment. This is a multi-tenant building, offering flexibility for businesses of various sizes. The property is perfectly suited for medical professionals seeking a well-maintained, conveniently located space to establish or expand their practice.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,977,974
- 6.5%
- $1,825,822
- 7%
- $1,695,406
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,557,808
- Geo Method
- $1,557,808
-
Alternative Use
- Use
- Valuation
- Residential
- $2,264,019
- Hospitality
- $2,073,830
- Educational
- $1,725,402
- Medical
- $1,784,741
- Retail
- $2,683,958
Location Insight
- City
- Lake Park
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.795
- Longitude
- -80.0715
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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