Open-Plan Office
For Sale
$479,000
3003-225 Chimney Corner Ln, Jupiter, FL 33458
A flexible, open layout provides room for professional office operations.
Property Size685 SF
Price / SF$699.27
Days on Market23
Property Features for 3003-225 Chimney Corner Ln
General Information
Standard status
Active
Size
685 SF
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$16,164
Listing Agency:
Johnston Group Real Estate Serv
(561) 691-4522
Listed By:
Zachary Pergeorelis · License #B26055238
(561) 262-0846
Source:
Exprealty
Added: Oct 9
Changed: Oct 30
Last Checked: Oct 30 at 3:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnston Group Real Estate Serv
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 685-square-foot office unit in Abacoa has a traditional office configuration with a large open area. The layout offers flexibility for a range of professional uses.
Located in Jupiter, the unit is part of Abacoa, an established professional and business area.
Located in Jupiter, the unit is part of Abacoa, an established professional and business area.
Key Highlights
- 685 SF office unit in Abacoa
- Large open area within a traditional office layout
- Located in Jupiter, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,156
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,120
$363.1K
Cap Rate 7%
$259,371
$259.4K
Cap Rate 9%
$201,733
$201.7K
Market Conditions
NOI Build-Up for 685 SF
Gross rent
$31.2K $45.60/SF
− Vacancy
−$7.0K −$10.26/SF
EGI
$24.2K $35.34/SF
− OpEx
−$6.1K −$8.84/SF
NOI
$18.2K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,120
Cap Rate 7%
$259,371
Cap Rate 9%
$201,733
Alternative Uses
Best Use
Office B
$259.4K
$227.0K – $302.6K
NOI $18,156 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.4K
$422.1K – $562.8K
NOI $33,769 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,666
Businesses Nearby
Explore this area
Business Placement
Demographics for 33458, FL
55,083
Population
23,121
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
20.4 sq mi
ZIP Area
2,700
Density / Sq Mi
$107,626
Median Household Income
$48,448
Median Earnings
$2,090
Median Rent
$550,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible, open layout provides room for professional office operations.
Where is this office unit located?
The property is located at 3003-225 Chimney Corner Ln Jupiter, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 685 SF office unit in Abacoa; Large open area within a traditional office layout; Located in Jupiter, Florida
