469 Spencer DrWest Palm Beach, FL 33409
- Office properties
- 8,840 SF
Property Details for 469 Spencer Dr
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 0.60 AC
- Property size (Sq ft)
- 8,840 SF
- Zone code
- OC
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 74-43-43-19-09-039-0150
- APU
- 74434319090390150
Description
This exceptional 8,840-square-foot single-tenant office building is ideally situated in West Palm Beach, Florida, at 469 Spencer Drive, zip code 33409. Its convenient location offers easy access to I-95 and Palm Beach Lakes Boulevard. The property, zoned OC—OFFICE COMME (APN 74434319090390150), boasts a contemporary design and is ready for immediate occupancy. The interior features a comprehensive build-out, including private offices, multiple conference rooms, dedicated workstations, comfortable lounge areas, adaptable meeting zones, a fully equipped kitchen, and restrooms. Ample parking is available on-site. This versatile space is perfect for a variety of professional uses, from creative agencies to traditional office settings. The building's design allows for flexibility, with the option to subdivide the space into three independent office areas, catering to diverse business needs. The asking rent is $23 per square foot, plus NNN charges. This represents a significant opportunity to secure a high-quality, well-appointed office space in a prime West Palm Beach location. Inquire today to schedule a viewing and explore the possibilities this property offers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,049,747
- 6.5%
- $1,892,074
- 7%
- $1,756,926
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,459,111
- Geo Method
- $2,459,111
-
Alternative Use
- Use
- Valuation
- Residential
- $2,346,172
- Hospitality
- $2,149,081
- Educational
- $1,788,010
- Medical
- $1,849,502
- Retail
- $2,781,349
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.7104
- Longitude
- -80.0949
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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