1100 Barnett DrLake Worth Beach, FL 33461
- Other commercial real estate
- 21,912 SF
Property Details for 1100 Barnett Dr
- Year built
- 2000
- Construction
- CONCRETE
- Lot size
- 4.20 AC
- Property size (Sq ft)
- 21,912 SF
- Zone code
- I-POC
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 38-43-44-21-46-000-0020
- APU
- 38434421460000020
Description
This single-story, 45,600-square-foot flex industrial building in Lake Worth Beach, Florida offers multiple units ranging from 753 to 3,002 square feet. Built in 2000, the property sits on 4.2 acres and boasts 10' x 10' grade-level roll-up doors, 18' ceilings, and 3-phase power in each unit. Its strategic location adjacent to I-95 provides unparalleled accessibility and visibility, with convenient access to the Florida Turnpike (8 miles away). The high-traffic area sees over 233,000 vehicles per day on I-95 and 45,300 on 10th Avenue. The property benefits from 24-hour access and is situated in a well-maintained, well-lit park near major retailers such as 7-Eleven, FedEx, and Walmart. Nearby businesses also include Wayne Akers Ford, PBC Fire Rescue, and Dunkin' Donuts. This professional environment, with its nicely landscaped two-building complex, offers a variety of unit sizes to suit diverse business needs. The Palm Beach County location provides excellent connectivity to both North and South Palm Beach County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,277,490
- 6.5%
- $7,640,760
- 7%
- $7,094,992
-
Comparable approach
- Method
- Valuation
- Relative Method
- $15,360,610
- Geo Method
- $15,360,610
-
Alternative Use
- Use
- Valuation
- Residential
- $6,445,267
- Hospitality
- $5,903,830
- Educational
- $4,911,918
- Medical
- $5,080,846
- Retail
- $7,640,760
Location Insight
- City
- Lake Worth Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.6294
- Longitude
- -80.0695
- 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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