5560 Pga BlvdPalm Beach Gardens, FL 33418

  • Retail properties
  • 4,112 SF
For Lease
$43/SF/YR View listing

Property Details for 5560 Pga Blvd

Year built
1981
Construction
CONCRETE
Lot size
1.55 AC
Property size (Sq ft)
4,112 SF
Zone code
CN
Property type
Retail properties
Property subtype
Banks
APN
52-42-42-11-00-000-3020
APU
52424211000003020

Description

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
5560 Pga Blvd, Palm Beach Gardens, Florida

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,506
$1,350,320
$505,076
$1,855,396
-
$1,350,320
$505,076
$1,855,396

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