715 25Th StWest Palm Beach, FL 33407

Property Details for 715 25Th St

Year built

1948

Construction

WOOD

Lot size

0.64 AC

Property size (Sq ft)

3,721 SF

Zone code

I

Property type

Other commercial real estate

Property subtype

Showrooms

APN

74-43-43-09-06-014-0010

APU

74434309060140010

Description

This exceptional Palm Beach County industrial property offers a unique portfolio opportunity. The 19,145-square-foot space is divisible and comprises several distinct areas ideal for various business needs. A first-floor showroom totaling 5,400 square feet is available at $18.50 per square foot annually. Above, 5,400 square feet of second-floor office space is offered at $12.00 per square foot annually. Additionally, a 5,500-square-foot warehouse is available for lease at $14.50 per square foot annually. Finally, a separate 3,500-square-foot stand-alone building is also available at a rate of $15.00 per square foot annually. This flexible layout allows for leasing individual spaces to suit specific requirements or the entire portfolio for a larger operation. The property's location in historic Northwood offers excellent accessibility and visibility. All spaces are currently vacant, presenting a rare opportunity to customize the space to meet your business needs. The property is classified as multi-tenant and is situated in Palm Beach County. Contact us today to explore this versatile and strategically located industrial property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,595,830

  6.5%

  $1,473,074

  7%

  $1,367,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,608,472

  Geo Method

  $2,608,472

• Alternative Use

  Use

  Valuation

  Residential

  $1,242,593

  Hospitality

  $1,138,208

  Educational

  $946,976

  Medical

  $979,544

  Retail

  $1,473,074

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7367

Longitude

-80.0593

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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