3600 Congress AveBoynton Beach, FL 33426

  • Mixed-use properties
  • 47,818 SF
For Lease
$25/SF/YR View listing

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
3600 Congress Ave, Boynton Beach, Florida

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

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
$166,485
$2,352,640
$5,481,561
$7,834,201
-
$2,352,640
$5,481,561
$7,834,201

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