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    1208 West Ct West Palm Beach, FL 33407

    Sponsored
    For Sale
    $7,000,000

    3.5-acre vacant industrial lot, $7M.

    Property size:
    152,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre industrial land parcel in West Palm Beach, Florida, presents a significant investment opportunity. Located at 1208 West Ct, 33407, this vacant property boasts a total square footage of 152,460 and is priced at $7,000,000, translating to $2,000,000 per acre. The property is designated for commercial use and is ideally suited for heavy industrial applications, outside contractor storage, truck, or fleet parking. Its location in Palm Beach County offers excellent access to major transportation routes and a thriving business environment. The property is currently vacant, providing a blank canvas for development tailored to specific needs. This is a triple net (NNN) lease type investment. The property is situated within an Opportunity Zone, potentially offering significant tax advantages for qualified investors. This prime location and versatile zoning make this a compelling investment prospect for those seeking a high-return, strategically located industrial asset in a rapidly growing market. The property's substantial size and prime location make it an attractive option for large-scale development projects. Serious inquiries are encouraged.

    Property Features for 1208 West Ct

    General Information

    Property type
    Land
    Square Feet
    152,460 SF
    Lot Size
    152,460 SF

    HighLights

    • $7,000,000 asking price.
    • Investment opportunity.
    • 3.5‑acre lot.
    • 152,460 square feet.
    • Industrial land in West Palm Beach, FL.
    • Vacant, NNN lease.
    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 vacant industrial lot, $7M.
    Where is this land located?
    The property is located at 1208 West Ct West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: $7,000,000 asking price.; Investment opportunity.; 3.5-acre lot.
    Request Owner's contact information
    1208 West Ct West Palm Beach, FL 33407
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    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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