2442 Metrocentre BlvdWest Palm Beach, FL 33407

Property Details for 2442 Metrocentre Blvd

Year built

1990

Construction

CONCRETE

Lot size

4.39 AC

Property size (Sq ft)

30,299 SF

Zone code

CPD

Property type

Office properties

Property subtype

Office buildings

APN

74-43-43-06-12-000-0131

APU

74434306120000131

Description

This single-story, Class B office building in West Palm Beach's Metrocentre Corporate Park offers 30,328 square feet of space, with 3,409 square feet currently vacant. Built in 1991, the property is conveniently located off I-95 at 2442 Metrocentre Blvd, West Palm Beach, FL 33407. The building features multiple tenancies, allowing for flexibility in lease terms. Individual units boast private entrances and restrooms, ensuring privacy and convenience for tenants. The property provides 24-hour individual tenant access and separately metered utilities for efficient cost management. The well-maintained office park boasts lush landscaping and abundant on-site parking. Its prime location offers easy access to nearby amenities, including restaurants and hotels. Approved for medical and professional use, this space is perfect for a variety of businesses. One available space is 2,500 square feet. This property presents a compelling opportunity in a thriving Palm Beach County location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,839,706

  6.5%

  $8,159,728

  7%

  $7,576,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,428,576

  Geo Method

  $8,428,576

• Alternative Use

  Use

  Valuation

  Residential

  $10,118,063

  Hospitality

  $9,268,092

  Educational

  $7,710,944

  Medical

  $7,976,134

  Retail

  $11,994,801

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7569

Longitude

-80.095

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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