117 Miller WayWest Palm Beach, FL 33403

Property Details for 117 Miller Way

Year built

1971

Construction

CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

4,048 SF

Zone code

CLIC

Property type

Office properties

Property subtype

Office buildings

APN

36-43-42-20-07-003-0031

APU

36434220070030031

Description

This exceptional commercial property, located at 117 Miller Way in West Palm Beach, Florida, 33403, presents a unique opportunity for businesses seeking a blend of modern office space and ample warehouse facilities. The complex comprises two buildings totaling 10,078 square feet, offering a single-tenant occupancy arrangement. The property features 4,078 square feet of newly constructed, high-quality office space, ideal for a variety of business needs. Complementing the office area is a substantial 6,000-square-foot warehouse, providing ample storage and operational space. This strategic location in Lake Park offers convenient access to major highways, ensuring seamless transportation and logistics. The supportive community environment fosters business growth and success, making this property an attractive investment for companies seeking a functional and well-situated base of operations. The property is classified as both Office and Industrial, with a Traditional Office and Warehouse subtype. This combined offering provides a versatile and efficient workspace, perfectly suited for businesses requiring both office and storage capabilities. The property's address is 117 Miller Way, West Palm Beach, FL 33403.

• CAP approach

  CAP return

  Valuation

  6%

  $1,429,792

  6.5%

  $1,319,808

  7%

  $1,225,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,126,073

  Geo Method

  $1,126,073

• Alternative Use

  Use

  Valuation

  Residential

  $1,636,562

  Hospitality

  $1,499,082

  Educational

  $1,247,219

  Medical

  $1,290,113

  Retail

  $1,940,118

Location Insight

City

Lake Park

County

Palm Beach

State

Florida

Latitude

26.794

Longitude

-80.0738

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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