1112 48Th StWest Palm Beach, FL 33407

  • Other commercial real estate
  • 7,250 SF
For Lease
$3.10/SF/YR View listing

Property Details for 1112 48Th St

Year built
1999
Construction
STEEL FRAME
Lot size
0.57 AC
Property size (Sq ft)
7,250 SF
Zone code
I
Property type
Other commercial real estate
Property subtype
Showrooms
APN
44-43-43-05-08-000-1081
APU
44434305080001081

Description

This Mangonia Park, FL warehouse at 1112 48th Street offers 7,250 square feet of versatile space, ideal for various uses. Zoned for warehouse operations, this single-tenant property features a spacious layout with approximately 1200 square feet of warehouse area. The high ceilings, ranging from 12 to 15 feet, provide ample vertical storage capacity. Access is simplified by a large overhead door measuring 10 feet wide by 12 feet high, facilitating easy loading and unloading of goods. The property's location in Mangonia Park, Florida, offers convenient access to major transportation routes, making it a strategic choice for businesses needing efficient logistics. The property's APN is 44434305080001081. The lot size is not specified. This special-purpose building is perfect for businesses requiring substantial storage or operational space. The property is located in West Palm Beach, FL, zip code 33407. The property's coordinates are 26.7558569 latitude and -80.0696356 longitude.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,109,316
    6.5%
    $2,870,138
    7%
    $2,665,128
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,082,348
    Geo Method
    $5,082,348
  • Alternative Use

    Use
    Valuation
    Residential
    $2,421,069
    Hospitality
    $2,217,686
    Educational
    $1,845,089
    Medical
    $1,908,544
    Retail
    $2,870,138
1112 48Th St, West Palm Beach, Florida

Location Insight

City
Mangonia Park
County
Palm Beach
State
Florida
Latitude
26.7559
Longitude
-80.0697
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
$20,099
$255,250
$555,739
$810,989
-
$255,250
$555,739
$810,989

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