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    12959 Palms West Dr Loxahatchee, FL 33470

    For Lease
    $42 SF/Yr

    17,000 SF Newly Renovated Medical Office

    Lot size:
    17,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 17,000-square-foot, single-tenant medical office building is situated on the Palms West Hospital campus in the rapidly expanding community of Loxahatchee, Florida. The property, located at 12959 Palms West Drive, boasts a newly renovated, efficient floor plan, ideal for a variety of medical practices. Zoned for medical use (APN: 72414334130001100), this building offers a turnkey solution with complete furnishings already in place. The space includes three exam rooms, one physician's office, ample common areas, a convenient breakroom, and well-maintained bathrooms. The lease is an annual agreement with a minimum two-year term, operating four days a week. The property's convenient location within a thriving community ensures high visibility and accessibility for patients and staff. This is a rare opportunity to acquire a fully equipped, move-in ready medical office space in a prime location. The lot size is not specified. This is a single-suite building.

    Property Features for 12959 Palms West Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,000 SF

    Unit(s) available at that property

    Space
    Size
    17,000 SF
    Rate per SF
    $42

    HighLights

    • 17,000‑square‑foot single‑tenant medical office building on the Palms West Hospital campus in Loxahatchee, FL.
    • Newly renovated, efficient floor plan ideal for various medical practices.
    • Zoned for medical use (APN: 72414334130001100), fully furnished and turnkey.
    • Includes three exam rooms, physician's office, common areas, breakroom, and bathrooms.
    • Annual lease with a minimum two‑year term, operating four days a week.
    • Located at 12959 Palms West Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Loxahatchee
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2493388
    Latitude
    26.6851725

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    FAQs

    What type of property is this?
    Office Property / Space - 17,000 SF Newly Renovated Medical Office
    Where is this office property / space located?
    The property is located at 12959 Palms West Dr Loxahatchee, FL.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: 17,000-square-foot single-tenant medical office building on the Palms West Hospital campus in Loxahatchee, FL.; Newly renovated, efficient floor plan ideal for various medical practices.; Zoned for medical use (APN: 72414334130001100), fully furnished and turnkey.
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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

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    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
    12959 Palms West Dr Loxahatchee, FL 33470
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