2121 10Th AveLake Worth, FL 33461

  • Retail properties
  • 31,092 SF
For Lease
$0.34/SF/YR View listing

Property Details for 2121 10Th Ave

Year built
1982
Construction
CONCRETE
Lot size
2.64 AC
Property size (Sq ft)
31,092 SF
Zone code
MU-W
Property type
Retail properties
Property subtype
Strip malls
APN
38-43-44-20-01-032-0010
APU
38434420010320010

Description

This 800-square-foot retail space is located at 2121 10th Avenue N in Lake Worth Beach, Florida, zip code 33461. The property is a single-tenant space within a busy plaza, conveniently situated just off I-95, offering excellent visibility and accessibility. The property type is retail, with a zoning designation of MU-W(c). The lot size is not specified. The building consists of only one suite. The current tenant will be vacating at the end of September, presenting a timely opportunity for a new business to establish itself in this prime location. Detailed information regarding permitted uses is available in supplementary documents and a brochure. The property's APN is 38434420010320010. This high-traffic location offers significant potential for a variety of retail businesses. Interested parties should review the provided documentation for a complete understanding of zoning regulations and permitted uses. The property's latitude and longitude coordinates are 26.6272042 and -80.0740925, respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,745,333
    6.5%
    $10,841,845
    7%
    $10,067,428
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,795,914
    Geo Method
    $21,795,914
  • Alternative Use

    Use
    Valuation
    Residential
    $9,145,502
    Hospitality
    $8,377,231
    Educational
    $6,969,758
    Medical
    $7,209,458
    Retail
    $10,841,845
2121 10Th Ave, Lake Worth, Florida

Location Insight

City
Lake Worth Beach
County
Palm Beach
State
Florida
Latitude
26.6271
Longitude
-80.0742
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
$106,523
$1,915,517
$2,288,182
$4,203,699
-
$1,915,517
$2,288,182
$4,203,699

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