321 L A Kirksey St West Palm Beach, FL 33401
This exceptional 13,488-square-foot office building in West Palm Beach, Florida, presents a compelling investment opportunity. Located at 321 L A Kirksey Street, zip code 33401, this three-unit property sits on a 25,495-square-foot lot and boasts a prime location just off Flagler Drive. The building, constructed in 1983 and completely renovated in 2019, is ideally situated amidst significant waterfront development projects, including the Ritz Carlton, O Lara, and Nora. Currently, approximately 5,000 square feet is configured as adaptable, fully built-out medical office space, offering flexibility for a variety of uses due to its zoning. The remaining space allows for customization to suit an owner-user's specific needs. This property offers significant potential as a prime development site or as an income-producing asset, making it an attractive option for investors seeking a high-value property in a rapidly developing area of West Palm Beach. The asking price for this exceptional property is $13,500,000. The property's convenient location and recent renovation make it a truly unique opportunity in the heart of West Palm Beach's thriving commercial market.
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
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