3109 45Th StWest Palm Beach, FL 33407
- Healthcare properties
- 7,403 SF
Property Details for 3109 45Th St
- Year built
- 1989
- Construction
- CONCRETE
- Lot size
- 1.04 AC
- Property size (Sq ft)
- 7,403 SF
- Zone code
- CPD
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 74-42-43-01-17-000-0072
- APU
- 74424301170000072
Description
This 7,400-square-foot, single-story Class C office building, constructed in 1989, is ideally situated at 3109 45th Street, West Palm Beach, FL 33407. Zoned CPUD, the property offers a spacious floor plan suitable for medical or traditional office use. Benefit from high visibility signage on 45th Street, providing excellent exposure. The location is highly convenient, less than one mile west of I-95, ensuring easy access for clients and employees. A short drive to area hospitals, including JFK North Hospital (1.5 miles), St. Mary's Medical Center (3 miles), Good Samaritan Medical Center (5 miles), and Palm Beach Gardens Medical Center (6.5 miles), makes this an attractive option for medical practices. The property is nestled within a thriving business hub, surrounded by a diverse range of retail and service amenities. Nearby establishments include Jimmy John's, Walmart, Sam's Club, Pollo Tropical, RaceTrac, Cracker Barrel, and six hotels, offering convenience and attracting a high volume of foot traffic. The estimated 2024 CAM is $14.00 per square foot. This prime location presents a compelling opportunity for businesses seeking a well-positioned, versatile office space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,159,818
- 6.5%
- $1,993,679
- 7%
- $1,851,273
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,059,366
- Geo Method
- $2,059,366
-
Alternative Use
- Use
- Valuation
- Residential
- $2,472,162
- Hospitality
- $2,264,487
- Educational
- $1,884,026
- Medical
- $1,948,821
- Retail
- $2,930,708
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.7601
- Longitude
- -80.1007
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].