1838 Park LnJupiter, FL 33458

  • Other commercial real estate
  • 23,050 SF
For Sale
$8,950,000 View listing

Property Details for 1838 Park Ln

Year built
2002
Construction
CONCRETE
Lot size
2.94 AC
Property size (Sq ft)
23,050 SF
Zone code
I1
Property type
Other commercial real estate
Property subtype
Showrooms
APN
30-42-41-09-03-000-0210
APU
30424109030000210

Description

This exceptional Jupiter, FL mixed-use property, situated in the desirable Jupiter Commerce Park, offers a unique blend of modern office and warehouse space. The 23,050 square foot building sits on a generous 2.92-acre lot, providing ample room for expansion or outdoor operations. The property boasts 6,124 square feet of renovated office space, completely updated in 2018, offering a comfortable and efficient workspace. The adjacent 16,926 square feet of warehouse space is equally impressive, featuring a column-free design and climate control, also updated in 2018. This expansive warehouse area is fully sprinklered for safety and includes three convenient grade-level loading doors and one dock-high loading well, streamlining logistics. Two large industrial fans ensure optimal air circulation. Built-in warehouse racking is included, providing immediate storage solutions. A new roof, installed in 2018, guarantees long-term durability and peace of mind. The flexible layout of this property makes it ideal for a variety of uses, from distribution centers and light manufacturing to other businesses requiring both office and warehouse space. Its strategic location offers easy access to I-95 and the Florida Turnpike, ensuring seamless transportation and connectivity. This property is available for sale or lease. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,967,978
    6.5%
    $11,047,364
    7%
    $10,258,267
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,806,702
    Geo Method
    $14,806,702
  • Alternative Use

    Use
    Valuation
    Residential
    $9,318,865
    Hospitality
    $8,536,030
    Educational
    $7,101,877
    Medical
    $7,346,122
    Retail
    $11,047,364
1838 Park Ln, Jupiter, Florida

Location Insight

City
Jupiter
County
Palm Beach
State
Florida
Latitude
26.9157
Longitude
-80.1432
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
$72,558
$1,299,815
$2,979,438
$4,279,253
-
$1,299,815
$2,979,438
$4,279,253

FAQs

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