1973 10 AveLake Worth Beach, FL 33461
- Industrial properties
- 3,596 SF
Property Details for 1973 10 Ave
- Year built
- 1985
- Construction
- CONCRETE BLOCKS
- Property size (Sq ft)
- 3,596 SF
- Property type
- Industrial properties
- Property subtype
- Distribution centers
- APN
- 38-43-44-21-43-000-0150
- APU
- 38434421430000150
Description
This exceptional Lake Worth Beach investment opportunity presents a combined 7,200-square-foot warehouse property, ideally situated at 1973 & 1975 10th Avenue N, zip code 33461. Built in 1985, this industrial property comprises two units seamlessly integrated into a single functional space. The warehouse boasts desirable features including two bay doors, a bathroom, and impressive 23-foot ceiling height. An air-conditioned storefront adds versatility to this already impressive offering. Currently occupied by a national automotive wholesaler under a lease expiring in November 2026, this property provides a strong income stream for investors. Its prime location near I-95 and major airports ensures excellent accessibility and high visibility. The property is in excellent condition, making it an attractive option for both end-users seeking a functional warehouse space and investors looking for a stable, income-generating asset. The lot size is not specified. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a thriving Florida market. The asking price for this turnkey operation is $2,200,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,057,739
- Hospitality
- $968,883
- Educational
- $806,100
- Medical
- $833,823
- Retail
- $1,253,933
Location Insight
- City
- Lake Worth Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.6269
- Longitude
- -80.0719
- 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
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