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    375 Kelly Dr West Palm Beach, FL 33411

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    15-Acre Industrial Parcel, Excellent Location, Unique Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15-acre industrial parcel, located at 375 Kelly Drive in West Palm Beach, Palm Beach County, presents a unique investment opportunity. The property boasts a single-tenant warehouse configuration, zoned IL (Light Industrial), with an APN of 00424327050070230. Its strategic location offers unparalleled access to major transportation arteries, including Route 98 (Southern Boulevard) and the Florida Turnpike. The site is conveniently situated just 5.58 miles from Palm Beach International Airport and 6.6 miles from I-95, ensuring seamless logistics and efficient transportation. The property's unique zoning designation (Property Code Use 4900) permits outside storage, a highly desirable feature for industrial tenants. This advantage, combined with easy ingress and egress, optimizes operational efficiency. The expansive acreage provides ample space for a wide range of vehicles and equipment, including trucks, containers, cars, buses, boats, and heavy wheeled equipment. Located in the highly sought-after West Palm Beach submarket, this property is ideally positioned to attract industrial tenants seeking substantial parking and storage solutions. The price is quoted per acre per month.

    Property Features for 375 Kelly Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 15‑acre industrial land parcel in West Palm Beach, Palm Beach County.
    • Single‑tenant warehouse property zoned IL.
    • Excellent location near Route 98, Florida Turnpike, Palm Beach International Airport, and I‑95.
    • Unique zoning allows for outside storage of trucks, containers, cars, and heavy equipment.
    • High demand location in the West Palm Beach submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    WillScot West Palm ... Equipment Rental Agency

    Suggested Use

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

    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
    -80.1782191
    Latitude
    26.68484

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    FAQs

    What type of property is this?
    Distribution property - 15-Acre Industrial Parcel, Excellent Location, Unique Zoning
    Where is this distribution property located?
    The property is located at 375 Kelly Dr West Palm Beach, FL.
    What are key features of this property?
    This property features: 15-acre industrial land parcel in West Palm Beach, Palm Beach County.; Single-tenant warehouse property zoned IL.; Excellent location near Route 98, Florida Turnpike, Palm Beach International Airport, and 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
    375 Kelly Dr West Palm Beach, FL 33411
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