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1400 Corporate Ctr Way Wellington, FL 33414-2158

OFF-MARKET Office buildings Google Maps
17,753 SF 1.4 ac lot Built 1994
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$3.27M
Range $2.94M – $3.60M (±10%)
Property ID US18-3139384

Property summary

AI-generated overview

This exceptional Wellington, Florida office property, located at 1400 Corporate Center Way, offers two available suites totaling 2,003 to 2,028 square feet. The space is ideally suited for medical, executive, or traditional office uses, boasting a fully built-out interior. Suite features include five private offices, providing ample space for individual work or team collaboration. The property benefits from abundant parking, ensuring convenient access for staff and clients. A striking two-story lobby enhances the professional image and creates a welcoming atmosphere. The property's location in the heart of Wellington offers excellent visibility and accessibility. This is a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space. Furthermore, the possibility exists to combine this space with Suite 120, creating a larger, contiguous unit of 4,031 square feet, providing even greater flexibility for expanding businesses or those requiring more extensive space. The property is zoned WELL_P and has an APN of 73414409060000030. The building consists of a single suite, offering a unique opportunity for a single tenant to occupy the entire space. This property is situated in Wellington, FL, zip code 33414.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1994
Construction CONCRETE
Total area 17,753 SF
Lot 1.4 ac (61,197 SF)
Zoning code PUD
APN 73-41-44-09-06-000-0030
UPID US18-3139384

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.27M

Owner & transaction history

since 2020
Last sale
$2.3M
1 recorded transaction
2020
$2.3M

Zoning & alternative use

PUD · Wellington, FL
Zoning description

The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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