101 J StLake Worth Beach, FL 33460

  • Office properties
  • 4,201 SF
For Lease
$28/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,079,573
    6.5%
    $996,529
    7%
    $925,348
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,168,634
    Geo Method
    $1,168,634
  • Alternative Use

    Use
    Valuation
    Residential
    $1,235,696
    Hospitality
    $1,131,891
    Educational
    $941,720
    Medical
    $974,107
    Retail
    $1,464,898
101 J St, Lake Worth Beach, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,461
$357,774
$565,243
$923,017
-
$357,774
$565,243
$923,017

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