1230 Dixie Hwy Lake Worth Beach, FL 33460
- Retail space
- 1,587 SF
- 0.14 lot acres
Current Use by Public Records
- Le Bon Gout Restaurant / Restaurant
- Lake Worth Kava and Hookah Lounge/USA Vape Inc. / Vaporizer Store / Hookah Bar
- Usa Vape / Vaporizer Store
Property Details for 1230 Dixie Hwy
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 1,587 SF
- Zone code
- MU-DIXIE
- Property type
- Retail space
- APN
- 38-43-44-21-15-376-0080
- APU
- 38434421153760080
Description
This exceptional 1,587 square foot commercial space is available immediately for a net-net-net (NNN) lease. Situated on the highly visible southeast corner of N. 13th Street and Dixie Highway, this property benefits from exceptional foot and vehicle traffic. The building underwent a complete renovation three years ago, resulting in a modern and well-maintained structure. Improvements include a new stucco exterior, a new roof, and hurricane impact windows, ensuring both aesthetic appeal and durability. The interior boasts two ADA-compliant bathrooms, reflecting a commitment to accessibility. Furthermore, the plumbing and electrical systems have been entirely updated, providing modern and reliable infrastructure. The property's zoning is MU-DH, offering flexibility for a variety of commercial uses. The APN is 38434421153760080. This is a rare opportunity to secure a prime commercial space in a high-demand location. Don't miss this chance to establish your business in a thriving area. The lot size is not specified. The property is a single-tenant building with no additional suites. This is a special purpose property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $985,000
- 6.5%
- $875,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $865,000
- Geo Method
- $1,040,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $835,000
- Retail
- $800,000
- Mixed-Use
- $780,000
- Hospitality
- $980,000
- Educational
- $870,000
- Residential Income
- $840,000
- Energy
- $860,000
- Income-Based Land
- $915,000
- Food Service
- $925,000
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0565
- Latitude
- 26.631
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
