Building Details

Building Size 19,560 SF

Year Built 1989

Stories 1

Listing Agency: J. Briann Realty Group

Listed By: Carlisa M Smith · License #599526 Show Phone

Source: Conciergeproperties

Added: Nov 8, 2025 Changed: Oct 27 Last Checked: Oct 27 at 3:24AM

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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 J. Briann Realty Group

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Investment Insights

Based on property information with market context.

This 19,560-square-foot, single-level mixed-use property combines daycare and school facilities with an event center. The interior includes classrooms for different age groups, in-class restrooms, storage, a computer room, library, indoor playroom, laundry, teacher resource room, and staff lounge. A commercial kitchen serves the property, which is offered furnished.

The 2500 sq. ft. event center has kitchen access and is configured for gatherings including weddings, corporate functions, and family events. Outdoor amenities include a playground, basketball court, and splash park. On-site parking is also available.

The property is near BAK Middle School of the Arts and a short drive from I-95. Built in 1989, the building brings educational, childcare, and event functions together at one location.

Key Highlights

• 19,560‑square‑foot building constructed in 1989
• Single‑level layout with classrooms for different age groups and in‑class restrooms
• 2500 sq. ft. event center with kitchen access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$337,410

Cap Rate

4.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,748,200 $6.7M

Cap Rate 7%

$4,820,143 $4.8M

Cap Rate 9%

$3,749,000 $3.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 19,560 SF

Gross rent

$586.8K $30.00/SF

− Vacancy

−$46.9K −$2.40/SF

EGI

$539.9K $27.60/SF

− OpEx

−$202.4K −$10.35/SF

NOI

$337.4K $17.25/SF

Area

Palm Beach County, FL

Vacancy

8.00%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,748,200

Cap Rate 7%

$4,820,143

Cap Rate 9%

$3,749,000

Alternative Uses

Best Use

Mixed Use

$4.82M

$4.22M – $5.62M (±1% cap)

NOI $337,410 @ 7.0% cap · market cap 4.27%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$13.78M

$12.05M – $16.07M (±1% cap)

NOI $964,267 @ 7.0% cap · market cap 12.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Day care centers

Suggested Use

Top Pick Veterinary Clinic Locksmith Catering Service Barber Shop Wine and Liquor Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

1,062

Businesses Nearby

Explore this area Business Placement

Demographics for 33407, FL

34,558

Population

15,147

Households

2.3

Avg Household Size

35

Median Age

26%

College-Educated

78%

High-School Grad

9.9 sq mi

ZIP Area

3,491

Density / Sq Mi

$56,606

Median Household Income

$34,886

Median Earnings

$1,551

Median Rent

$290,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Childcare and school facilities are paired with a separate event space, outdoor recreation areas, and on-site parking.

Where is this mixed-use property located?

The property is located at 4480 S Tiffany Drive Mangonia Park, FL.

What is the asking price?

The asking price for this property is $7,900,000.

What are key features of this property?

This property features: 19,560‑square‑foot building constructed in 1989; Single‑level layout with classrooms for different age groups and in‑class restrooms; 2500 sq. ft. event center with kitchen access