308 H StLake Worth Beach, FL 33460

Property Details for 308 H St

Year built

1989

Construction

CONCRETE

Lot size

0.23 AC

Property size (Sq ft)

6,000 SF

Zone code

AI

Property type

Other commercial real estate

Property subtype

Showrooms

APN

38-43-44-21-15-119-0120

APU

38434421151190120

Description

This renovated 2,000-square-foot single-story warehouse in Lake Worth Beach, Florida, presents a fantastic opportunity for industrial businesses. Located at 308 S H Street, zip code 33460, this property boasts convenient drive-in access and ample parking both in front and at the rear. The building is zoned AI-ARTISANAL IN, making it suitable for a variety of artisanal industrial uses. Recent updates provide a modern and functional workspace, perfect for mechanics, entrepreneurs, or similar ventures. The single-tenant occupancy ensures privacy and control. The property features a total of one building suite and sits on a lot with an unknown size (lot size information unavailable). The APN is 38434421151190120. This cost-effective space is available for lease at a highly competitive rate of $500 per month, or $30 per square foot annually. This thoughtfully designed industrial space offers a prime location for businesses seeking to elevate their operations in a vibrant and convenient setting. The property is located in Lake Worth Beach, Florida. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,266,564

  6.5%

  $2,092,212

  7%

  $1,942,769

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,206,082

  Geo Method

  $4,206,082

• Alternative Use

  Use

  Valuation

  Residential

  $1,764,860

  Hospitality

  $1,616,602

  Educational

  $1,344,994

  Medical

  $1,391,250

  Retail

  $2,092,212

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.612

Longitude

-80.0582

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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