101 J StLake Worth Beach, FL 33460

Property Details for 101 J St

Year built

1978

Construction

CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

4,201 SF

Zone code

DT

Property type

Office buildings

APN

38-43-44-21-15-018-0210

APU

38434421150180210

Description

This exceptional 1,567 square foot office space is available for lease in the vibrant heart of Lake Worth Beach, Florida. Located at 101 N J Street, this single-tenant property boasts a highly visible location at the intersection of Lucerne Avenue and N J Street, ensuring excellent exposure. The space is currently configured as a law office, featuring a reception/waiting area, five private offices, a conference room, a dedicated printer/file room, and a bathroom. Two assigned covered parking spaces are included, supplementing the ample on and off-street public parking options nearby. The property sits within walking distance of Downtown Lake Worth's historic old town, offering easy access to a wide array of retail shops, restaurants, banks, essential services (including the police department, library, city hall, and US Post Office), art galleries, and more. Its strategic location also provides convenient access to major transportation arteries, including I-95 and Palm Beach International Airport, as well as the downtown area of West Palm Beach. The total building size is 4,201 square feet, and the property's APN is 38434421150180210. The zoning designation is DT(cit). This is a fantastic opportunity to secure a well-appointed office space in a thriving and highly desirable location. The property is zoned DT(cit) and is a single-suite building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,223,520

  6.5%

  $1,129,400

  7%

  $1,048,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,168,630

  Geo Method

  $1,168,630

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,216,210

  Retail / Commercial

  $1,137,890

  Mixed-Use / Specialty

  $1,134,970

  Hospitality / Lodging

  $834,159

  Institutional / Educational

  $1,180,310

  Residential Income

  $1,380,960

  Multifamily

  $1,649,990

  Automotive / Energy

  $1,011,690

  Parking / Income-Based Land

  $348,008

  Restaurant / Food Service

  $592,715

  Healthcare / Senior Housing

  $1,162,730

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.6169

Longitude

-80.0564

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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