3800 Congress AveBoynton Beach, FL 33426

  • Office properties
  • 54,738 SF
For Lease

Property Details for 3800 Congress Ave

Year built
1970
Construction
CONCRETE
Lot size
30.73 AC
Property size (Sq ft)
54,738 SF
Zone code
M1
Property type
Office properties
Property subtype
Office buildings
APN
08-43-46-05-00-000-7010
APU
8434605000007010

Description

Egret Point Logistics Center, Building 1, offers 223,438 square feet of Class A industrial space for lease in Boynton Beach, Florida. This single-story warehouse boasts a 32-foot clear ceiling height, making it ideal for various distribution, manufacturing, or warehousing needs. The property features 53 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading operations. The minimum divisible space is 20,000 square feet, with the entire 223,438 square feet available for lease as a contiguous unit. Located at 3800 S Congress Ave, this building benefits from direct frontage on I-95, providing excellent access to major transportation arteries in South Florida and the Southeast. The property is part of a larger development totaling 457,396 square feet and sits on a 30.78-acre site. Its strategic location in southern Palm Beach County makes it easily accessible to businesses in Broward and Miami-Dade counties. The building's previous use as a Baptist Health System clinic has been redeveloped into a modern, high-quality industrial facility. This prime location and modern features make Egret Point Logistics Center an exceptional opportunity for businesses seeking efficient and strategically located warehouse space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,902,136
    6.5%
    $15,601,972
    7%
    $14,487,546
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,665,405
    Geo Method
    $14,665,405
  • Alternative Use

    Use
    Valuation
    Residential
    $19,346,446
    Hospitality
    $17,721,240
    Educational
    $14,743,864
    Medical
    $15,250,928
    Retail
    $22,934,900
3800 Congress Ave, Boynton Beach, Florida

Location Insight

City
Boynton Beach
County
Palm Beach
State
Florida
Latitude
26.4875
Longitude
-80.0863
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
$328,394
$8,488,697
$10,258,044
$18,746,741
-
$8,488,697
$10,258,044
$18,746,741

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