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    3395 42Nd Ave Palm City, FL 34990

    Sponsored
    For Sale
    $950,000

    4,940 SF Warehouse, Prime Location

    Property size:
    4,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,940-square-foot industrial warehouse in Palm City, Florida, is offered for sale at $950,000 ($151/SF). Built in 1985, this Class C, single-tenant property boasts a 100% occupancy rate and features two stories, offering approximately 1,000 square feet of additional upstairs storage and loft space. The warehouse includes two loading docks, a 22-foot ceiling height, and ample parking (0.41 spaces per 1,000 sq ft). Situated on a 0.103-acre lot (APN: 14-38-40-009-021-00000-4), it benefits from convenient access to major transportation arteries, including proximity to the Florida Turnpike (a quarter-mile) and I-95 (3.5 miles). The property also includes approximately 25' x 60' of fenced outside storage, three heavy-capacity lifts, an air compressor, and 3-phase electric service. Its location on a road currently undergoing widening by the Florida Department of Transportation ensures enhanced traffic flow and visibility, making it ideal for manufacturing, warehousing, or distribution businesses. The permitted zoning is Industrial. This owner-user investment opportunity presents a compelling combination of functionality, location, and growth potential within Palm City's thriving industrial corridor.

    Property Features for 3395 42Nd Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    4,940 SF
    Class
    C
    Lot Size
    4,487 SF

    Building Details

    Year Built
    1985
    Stories
    2

    HighLights

    • 4,940 SF free‑standing industrial warehouse in Palm City, FL.
    • Approximately 1,000 SF of additional upstairs storage/loft space.
    • Approximately 25' x 60' of fenced outside storage.
    • Three heavy‑capacity lifts and air compressor.
    • Three‑phase electric service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Palm City Transmissions Transmission Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm City
    County
    Martin
    State
    Florida
    Longitude
    -80.3102796
    Latitude
    27.164445

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    FAQs

    What type of property is this?
    Distribution property - 4,940 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 3395 42Nd Ave Palm City, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 4,940 SF free-standing industrial warehouse in Palm City, FL.; Approximately 1,000 SF of additional upstairs storage/loft space.; Approximately 25' x 60' of fenced outside storage.
    Request Owner's contact information
    3395 42Nd Ave Palm City, FL 34990
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    Palm City, FL 34990
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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
    3395 42Nd Ave Palm City, FL 34990
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