1050 Congress Ave West Palm Beach, FL 33409
This exceptional 16-unit warehouse complex, located at 1050 N Congress Avenue in West Palm Beach, Florida (zip code 33409), presents a unique investment opportunity. Built in 2024, the property boasts a total of 10,895 square feet, with individual units ranging from 5,011 to 5,884 square feet. Each unit features a private ADA-compliant restroom, solid concrete tilt-wall construction, and 14' x 14' Miami Dade Hurricane Rated insulated garage and pedestrian doors. Security is state-of-the-art, incorporating the latest AI technology with live monitoring. The complex is ideally situated adjacent to The Hangar and within walking distance of Palm Beach International Airport (PBI), making it perfect for secure storage of valuable assets such as wine, art, or automobiles. Airfield Park also includes a modern conference center with a boardroom and ample event space. Select businesses may operate within the park, subject to prior Association approval. The asking price for this prime West Palm Beach industrial property is $948,112. The property is situated on a lot with 0 square feet. Private tours are available for qualified buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.