15910 Orange BlvdLoxahatchee, FL 33470
- Retail properties
- 5,190 SF
Property Details for 15910 Orange Blvd
- Year built
- 2012
- Construction
- CONCRETE
- Lot size
- 0.63 AC
- Property size (Sq ft)
- 5,190 SF
- Zone code
- MUPD
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 00-41-42-31-01-001-0020
- APU
- 414231010010020
Description
This single-story, 868-square-foot office space is located in a thriving retail center at the southeast corner of Orange Blvd and Seminole Pratt Whitney Rd in Loxahatchee (West Palm Beach), Florida. Built in 2012, this traditional office space is part of a multi-tenant building (APN: 00-41-42-31-01-001-0020) and currently has one suite available. The property benefits from a strong anchor tenant, Walgreens, including its adjacent Walgreens Wine, Beer & Spirits location. Other co-tenants include Papa Johns and All Yours Hair & Nail Salon, providing a diverse and established tenant mix. The location enjoys excellent visibility and accessibility due to its prominent corner location. The surrounding area boasts a high concentration of desirable amenities, including Publix, McDonald's, and AutoZone, further enhancing the property's appeal. The average household income within a one-mile radius is a substantial $112,281, indicating a strong and affluent demographic. This presents a unique opportunity for businesses seeking a well-located and established office space in a high-income area. The property offers excellent potential for growth and profitability.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,345,461
- 6.5%
- $2,165,041
- 7%
- $2,010,395
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,638,260
- Geo Method
- $3,638,260
-
Alternative Use
- Use
- Valuation
- Residential
- $1,826,293
- Hospitality
- $1,672,874
- Educational
- $1,391,812
- Medical
- $1,439,678
- Retail
- $2,165,041
Location Insight
- City
- Loxahatchee
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.7794
- Longitude
- -80.2933
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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