824 Dixie HwyLake Worth Beach, FL 33460

Property Details for 824 Dixie Hwy

Year built

1963

Construction

CONCRETE

Lot size

0.30 AC

Property size (Sq ft)

4,735 SF

Zone code

MU-DIXIE

Property type

Retail properties

Property subtype

Other car washes

APN

38-43-44-21-15-244-0060

APU

38434421152440060

Description

This exceptional 4,735 square foot special purpose property, located at 824 N Dixie Highway in Lake Worth Beach, Florida (zip code 33460), is available for lease. The single-tenant building sits on a lot with an APN of 38434421152440060 and is zoned MU-DH(. Currently configured as a turnkey window tinting shop, this space presents a unique opportunity for a variety of businesses. Its prime location within an established, iconic car wash, operating successfully for over two decades under the same ownership, provides significant visibility and potential for synergy. The property has a history of successful tenancy by a window tinting company, demonstrating its suitability for similar ventures. While open to various business types, the space is particularly well-suited for auto-related services that do not involve auto mechanics. Ideal uses could include window tinting, ceramic coating, graphic installations, or auto detailing. The property's existing setup offers a significant advantage for a quick and efficient start-up. Interested parties should note that the lot size is not specified. This is a rare opportunity to secure a well-positioned commercial space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,788,696

  6.5%

  $1,651,104

  7%

  $1,533,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,319,300

  Geo Method

  $3,319,300

• Alternative Use

  Use

  Valuation

  Residential

  $1,392,768

  Hospitality

  $1,275,768

  Educational

  $1,061,424

  Medical

  $1,097,928

  Retail

  $1,651,104

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.626

Longitude

-80.0567

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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