This exceptional Wellington, Florida office property, located at 1400 Corporate Center Way, offers two available suites totaling 2,003 to 2,028 square feet. The space is ideally suited for medical, executive, or traditional office uses, boasting a fully built-out interior. Suite features include five private offices, providing ample space for individual work or team collaboration. The property benefits from abundant parking, ensuring convenient access for staff and clients. A striking two-story lobby enhances the professional image and creates a welcoming atmosphere. The property's location in the heart of Wellington offers excellent visibility and accessibility. This is a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space. Furthermore, the possibility exists to combine this space with Suite 120, creating a larger, contiguous unit of 4,031 square feet, providing even greater flexibility for expanding businesses or those requiring more extensive space. The property is zoned WELL_P and has an APN of 73414409060000030. The building consists of a single suite, offering a unique opportunity for a single tenant to occupy the entire space. This property is situated in Wellington, FL, zip code 33414.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,457,770
6.5%
$5,037,942
7%
$4,678,089
Comparable approach
Method
Valuation
Relative Method
$4,938,530
Geo Method
$4,938,530
Alternative Use
Use
Valuation
Residential
$6,247,048
Hospitality
$5,722,262
Educational
$4,760,855
Medical
$4,924,588
Retail
$7,405,774
Location Insight
City
Wellington
County
Palm Beach
State
Florida
Latitude
26.6612
Longitude
-80.2646
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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