4457 Purdy LnWest Palm Beach, FL 33406

  • Office properties
  • 3,185 SF
For Lease
$29,988/SF/YR View listing

Property Details for 4457 Purdy Ln

Year built
1988
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
3,185 SF
Zone code
UI
Property type
Office properties
Property subtype
Office buildings
APN
00-42-44-13-01-004-0271
APU
424413010040271

Description

This renovated 1,155 sq ft office suite, located at 4457 Purdy Ln, West Palm Beach, FL 33406, is part of a two-suite, two-story Class B building (3,185 total sq ft) built in 1988 and completely renovated in 2024. The suite is immediately available and features a traditional office layout ideal for executive use. The building is situated in a vibrant West Palm Beach business district, near Palm Beach International Airport, CityPlace, and the Palm Beach County Convention Center. Its convenient location offers easy access to major highways. The property's zoning is UI—URBAN INFILL (00-UNINCORPORATED), with an APN of 00-42-44-13-01-004-0271. While there is no elevator, the building offers ample space for a variety of business needs. This is a fantastic opportunity to secure a modern, well-located office space in a thriving commercial area. The property is in the Palm Beach submarket and West Palm Beach submarket cluster. The cross street is S Military Trl.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $787,475
    6.5%
    $726,900
    7%
    $674,978
  • Comparable approach

    Method
    Valuation
    Relative Method
    $886,003
    Geo Method
    $886,003
  • Alternative Use

    Use
    Valuation
    Residential
    $901,356
    Hospitality
    $825,637
    Educational
    $686,920
    Medical
    $710,544
    Retail
    $1,068,542
4457 Purdy Ln, West Palm Beach, Florida

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.6445
Longitude
-80.1117
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
$7,826
$206,430
$303,712
$510,142
-
$206,430
$303,712
$510,142

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