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    1973 10 Ave Lake Worth Beach, FL 33461

    For Sale
    $2,200,000

    7,200 SF Warehouse, Two Units, $2.2M

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Lake Worth Beach investment opportunity presents a combined 7,200-square-foot warehouse property, ideally situated at 1973 & 1975 10th Avenue N, zip code 33461. Built in 1985, this industrial property comprises two units seamlessly integrated into a single functional space. The warehouse boasts desirable features including two bay doors, a bathroom, and impressive 23-foot ceiling height. An air-conditioned storefront adds versatility to this already impressive offering. Currently occupied by a national automotive wholesaler under a lease expiring in November 2026, this property provides a strong income stream for investors. Its prime location near I-95 and major airports ensures excellent accessibility and high visibility. The property is in excellent condition, making it an attractive option for both end-users seeking a functional warehouse space and investors looking for a stable, income-generating asset. The lot size is not specified. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a thriving Florida market. The asking price for this turnkey operation is $2,200,000.

    Property Features for 1973 10 Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    7,200 SF

    Building Details

    Year Built
    1985
    Units
    2

    HighLights

    • $2,200,000 asking price.
    • 7,200 square foot industrial warehouse.
    • Two units combined into one.
    • Located at 1973 10th Avenue N, Lake Worth Beach, FL 33461.
    • Features two bay doors, a bathroom, and 23‑foot ceilings.
    • Currently leased to a national automotive wholesaler until November 2026.
    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 Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.07192
    Latitude
    26.627847

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    FAQs

    What type of property is this?
    Distribution property - 7,200 SF Warehouse, Two Units, $2.2M
    Where is this distribution property located?
    The property is located at 1973 10 Ave Lake Worth Beach, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 7,200 square foot industrial warehouse.; Two units combined into one.
    Request Owner's contact information
    1973 10 Ave Lake Worth Beach, FL 33461
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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
    1973 10 Ave Lake Worth Beach, FL 33461
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