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    1208 West Ct West Palm Beach, FL 33407

    Sponsored
    For Lease
    $42 SF/Yr

    3.5-Acre Industrial Lot, Single Tenant

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre industrial property located at 1208 West Ct, West Palm Beach, Florida, presents a unique investment opportunity. Situated in Palm Beach County, zip code 33407, this single-tenant property offers significant potential for various industrial uses. The lot size encompasses a generous 3.5 acres, providing ample space for development or expansion. The property is classified as both industrial and land, making it suitable for a wide range of businesses requiring substantial land area. The building itself has a total square footage of 1 square foot, suggesting the primary value lies in the expansive land parcel. This presents a blank canvas for a new construction project or the relocation of an existing operation. Given its location in West Palm Beach, the property benefits from convenient access to major transportation routes, enhancing logistical efficiency. The single-tenant occupancy simplifies management and provides a stable income stream for potential investors. This property is ideal for businesses seeking a large, versatile space in a thriving Florida market. The latitude and longitude coordinates are 26.7566001 and -80.0732455 respectively. Serious inquiries are encouraged to explore the possibilities of this prime industrial land offering.

    Property Features for 1208 West Ct

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF
    Total Rate
    3.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF
    Rate per SF
    $42

    HighLights

    • $7,000,000 Investment Opportunity
    • 1 Lot, 3.5 Acres of Industrial Land
    • Proposed Commercial Use
    • Opportunity Zone Designation
    Property Profile Location Intelligence

    Current Use by Public Records

    Smart Planet Solar Solar Energy Company Matthews Brothers Tree ... Tree Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0732455
    Latitude
    26.7566001

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    FAQs

    What type of property is this?
    Land - 3.5-Acre Industrial Lot, Single Tenant
    Where is this land located?
    The property is located at 1208 West Ct West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: $7,000,000 Investment Opportunity; 1 Lot, 3.5 Acres of Industrial Land; Proposed Commercial Use
    Request Owner's contact information
    1208 West Ct West Palm Beach, FL 33407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1208 West Ct West Palm Beach, FL 33407
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