4560 Lantana RdPalm Springs, FL 33461

Property Details for 4560 Lantana Rd

Year built

2014

Construction

CONCRETE

Lot size

1.82 AC

Property size (Sq ft)

19,530 SF

Zone code

MUPD

Property type

Office properties

Property subtype

Office buildings

APN

00-42-44-37-02-001-0020

APU

424437020010020

Description

This exceptional Class A medical office building, constructed in 2014, offers 19,530 square feet of single-tenancy space ideally situated in Lake Worth Beach, Florida. Located at 4560 Lantana Rd, this property benefits from its prominent position at the intersection of Lantana Road and Military Trail, ensuring high visibility and convenient access for patients and staff. The building features a modern design and a functional floor plan, providing ample space for a variety of medical specialties. With 90 parking spaces available, ample parking is guaranteed for patients and staff. The property boasts a single-tenant occupancy, offering a streamlined and efficient operational environment. The building's efficient layout and modern amenities create a welcoming and professional atmosphere. The property is located in Palm Beach County, Florida, with the address being 4560 Lantana Rd, Lake Worth Beach, FL 33461 (APN: 00-42-44-37-02-001-0020). This turnkey medical facility is ready for immediate occupancy, presenting a unique opportunity for healthcare providers seeking a well-established and highly visible location. The building's strategic location and modern design make it an attractive option for medical professionals looking to establish or expand their practice.

• CAP approach

  CAP return

  Valuation

  6%

  $6,030,522

  6.5%

  $5,566,636

  7%

  $5,169,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,232,478

  Geo Method

  $5,232,478

• Alternative Use

  Use

  Valuation

  Residential

  $6,902,628

  Hospitality

  $6,322,770

  Educational

  $5,260,471

  Medical

  $5,441,386

  Retail

  $8,182,955

Location Insight

City

Lake Worth

County

Palm Beach

State

Florida

Latitude

26.5876

Longitude

-80.1156

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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