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    5700 Georgia Ave West Palm Beach, FL 33405

    For Lease
    $21 SF/Yr ($8,312 /Mo)

    Prime industrial warehouse, single tenant, ideal location.

    Lot size:
    4,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4,750-square-foot warehouse, located at 5700 Georgia Avenue in Palm Beach County, presents a unique investment opportunity. Built in 1971, this single-tenant property sits on a lot with no specified size and is zoned I(city). The building features high ceilings and boasts automatic garage doors and storm shutters, ensuring both functionality and security. A significant portion of the space, approximately 1,450 square feet, includes tile flooring and a bathroom, providing a versatile and well-appointed area. An additional 2,700 square feet offers further potential for customization and expansion. The property's strategic location on Georgia Avenue offers easy access to major transportation routes, including Interstate 95, and benefits from the proximity to other businesses in the area. Please note that mechanical work is prohibited on the premises. The property's APN is 74434404150000731. This warehouse is ready for immediate occupancy and presents a compelling opportunity for a variety of industrial uses. The total building area is 4,750 square feet, with the entire space currently vacant.

    Property Features for 5700 Georgia Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,750 SF
    Total Rate
    8312.5

    Building Details

    Year Built
    1971

    Unit(s) available at that property

    Space
    Size
    10,064 SF
    Rate per SF
    $21

    HighLights

    • 4,750 SF industrial warehouse in Palm Beach County.
    • Single‑tenant occupancy.
    • Located on Georgia Avenue, near I‑95.
    • Features high ceilings, roll‑up doors, and storm shutters.
    • No mechanic work permitted.
    • Includes 1,450 SF of tiled space with a bathroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -80.0586002
    Latitude
    26.6630505

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    FAQs

    What type of property is this?
    Distribution property - Prime industrial warehouse, single tenant, ideal location.
    Where is this distribution property located?
    The property is located at 5700 Georgia Ave West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 4,750 SF industrial warehouse in Palm Beach County.; Single-tenant occupancy.; Located on Georgia Avenue, near I-95.
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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
    5700 Georgia Ave West Palm Beach, FL 33405
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