This exceptional 4,200 square foot freestanding building in Palm Beach Gardens, Florida presents a unique opportunity for businesses seeking a prominent location. Situated on a 1.55-acre lot at the intersection of PGA Boulevard and Central Boulevard, this Class A property enjoys high visibility and accessibility in a thriving commercial area near Rocco's Tacos. Built in 1981, the single-story building features a contemporary design with ample natural light and a spacious, adaptable open floor plan. The property is currently vacant and offers the chance for a custom buildout to perfectly suit your business needs. Zoned CN - Neighborhood Commercial, this versatile space is suitable for various uses, including medical, traditional, or executive offices, and retail. The building includes a secure vault, adding to its functionality. The exterior is designed for maximum visual impact, ensuring your business stands out. This prime location within a dynamic mix of commercial and residential properties provides an ideal environment for growth and success. The property's strategic placement ensures high traffic and exposure, making it an excellent investment for any discerning business.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,135,025
6.5%
$1,970,792
7%
$1,830,021
Comparable approach
Method
Valuation
Relative Method
$2,641,438
Geo Method
$2,641,438
Alternative Use
Use
Valuation
Residential
$1,662,437
Hospitality
$1,522,783
Educational
$1,266,938
Medical
$1,310,510
Retail
$1,970,792
Location Insight
City
Palm Beach Gardens
County
Palm Beach
State
Florida
Latitude
26.8382
Longitude
-80.1222
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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