4560 Forest Hill BlvdPalm Springs, FL 33415

Property Details for 4560 Forest Hill Blvd

Year built

1970

Construction

CONCRETE

Lot size

11.53 AC

Property size (Sq ft)

110,450 SF

Zone code

UC

Property type

Outlet malls

APN

00-42-44-12-21-000-0011

APU

424412210000011

Description

This exceptional retail property, located at 4560 Forest Hill Boulevard in West Palm Beach, Florida, offers a significant opportunity for businesses seeking high-visibility space in a thriving market. The shopping center boasts a total of 131,200 square feet, situated on a one-acre lot in Palm Beach County (zip code 33415). Currently, there is substantial vacant space totaling 89,000 square feet, presenting a unique chance for expansion or new tenancy. The property is classified as a multi-tenant retail center, offering flexibility for various business types. Two spaces are immediately available, ranging in size from 2,400 square feet to the substantial 89,000 square feet of contiguous vacant space. The property's prime location in Palm Springs offers excellent access to major roadways and a dense population base, ensuring high foot traffic and visibility. This is an ideal investment for businesses seeking a prominent presence in a dynamic and growing area of West Palm Beach. The property's size and flexibility make it suitable for a wide range of retail concepts, from smaller boutiques to large-scale operations. Contact us today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $38,458,604

  6.5%

  $35,500,248

  7%

  $32,964,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,426,952

  Geo Method

  $77,426,952

• Alternative Use

  Use

  Valuation

  Residential

  $29,945,788

  Hospitality

  $27,430,182

  Educational

  $22,821,588

  Medical

  $23,606,458

  Retail

  $35,500,248

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.6505

Longitude

-80.1139

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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