3600 Congress AveBoynton Beach, FL 33426
- Mixed-use properties
- 47,818 SF
Property Details for 3600 Congress Ave
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 3.30 AC
- Property size (Sq ft)
- 47,818 SF
- Zone code
- M1
- Property type
- Mixed-use properties
- Property subtype
- Other industrial properties
- APN
- 08-43-46-05-00-000-7120
- APU
- 8434605000007120
Description
This exceptional Class A industrial property, located at 3600 S Congress Ave in Boynton Beach, Florida, offers 47,626 square feet of warehouse and distribution space. The building, constructed in 1987, features a single story with an impressive 18-foot ceiling height. The property sits on 3.3 acres of land in Palm Beach County and is conveniently situated on Congress Avenue between Woolbright Road and Atlantic Avenue, providing excellent access and visibility. The space is currently fully occupied, however, multiple tenancy is possible with suites ranging from a minimum of 1,891 square feet to a maximum contiguous space of 3,498 square feet. The building boasts first-class office finishes, complementing the rear warehouse areas equipped with grade-level loading doors. This property presents a rare opportunity to acquire a well-maintained, strategically located industrial space in a thriving area of Boynton Beach. The property's location offers easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The building's high-quality construction and modern amenities make it an attractive option for a variety of industrial tenants. This is a truly exceptional opportunity for businesses seeking a premium industrial space in a prime location. The zip code is 33426.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $18,309,048
- 6.5%
- $16,900,660
- 7%
- $15,693,470
-
Comparable approach
- Method
- Valuation
- Relative Method
- $19,857,668
- Geo Method
- $19,857,668
-
Alternative Use
- Use
- Valuation
- Residential
- $16,900,660
- Hospitality
- $15,480,914
- Educational
- $12,879,938
- Medical
- $13,322,899
- Retail
- $20,035,460
Location Insight
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.4902
- Longitude
- -80.0892
- 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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