This exceptional 1,581-square-foot flex space, located at 713 N Military Trail in West Palm Beach, Florida, presents a unique investment opportunity. Built in 1965, this single-unit industrial property offers a versatile layout ideal for a variety of businesses. The asking price is $800,000. The property features a combination of attractive showroom and office space, seamlessly integrated with a substantial warehouse or workshop area, perfect for storage or production needs. Situated in the desirable 33415 zip code of Palm Beach County, this property benefits from excellent accessibility and visibility. While the lot size is not specified, the building itself provides ample space for operations. The property's blend of office and warehouse space makes it suitable for businesses requiring both administrative and operational areas. Its location in West Palm Beach offers easy access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. This is a rare opportunity to acquire a well-positioned flex space in a thriving Florida market. The property's strong features and strategic location make it an attractive investment for discerning buyers seeking a versatile and functional commercial space. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$538,886
6.5%
$497,434
7%
$461,903
Comparable approach
Method
Valuation
Relative Method
$1,108,302
Geo Method
$1,108,302
Alternative Use
Use
Valuation
Residential
$419,604
Hospitality
$384,355
Educational
$319,779
Medical
$330,776
Retail
$497,434
Location Insight
City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.6878
Longitude
-80.1121
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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