This Class A medical office building, Groves Medical Plaza, located at 13475 Southern Blvd, Loxahatchee Groves, FL 33470, offers exceptional opportunities for medical professionals. The building boasts a total of 22,000 square feet, with multiple suites available. Currently, 6,184 square feet of space is vacant, offering flexibility for various practice sizes. Individual suites range from a minimum of 3,964 square feet to a maximum contiguous space of 5,700 square feet. An entire second floor, offering up to 6,184 rentable square feet in suites starting at 2,567 square feet, is also available. The building features dramatic architectural details, hurricane impact glass for enhanced safety, and a backup standby generator ensuring business continuity. Prominent signage opportunities are available to enhance visibility. Efficient floor plates maximize usable space, and abundant parking (a 5:1000 ratio) is provided for both patients and staff. A generous improvement allowance is also offered to customize the space to meet specific needs. This prime location in Loxahatchee Groves provides easy access for patients and excellent visibility. Contact us today to learn more about leasing opportunities at Groves Medical Plaza.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$6,777,866
6.5%
$6,256,492
7%
$5,809,600
Comparable approach
Method
Valuation
Relative Method
$6,133,034
Geo Method
$6,133,034
Alternative Use
Use
Valuation
Residential
$7,758,050
Hospitality
$7,106,332
Educational
$5,912,385
Medical
$6,115,721
Retail
$9,197,043
Location Insight
City
Loxahatchee
County
Palm Beach
State
Florida
Latitude
26.6832
Longitude
-80.2582
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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