1501 Belvedere Rd West Palm Beach, FL 33406
- Office buildings
- 65,760 SF
- 4.85 lot acres
Current Use by Public Records
- Prime Headhunting & Recruiting, Inc. / Employment Agency / Recruiter
- Office Evolution West Palm Beach / Office Space Rental Agency / Business To Business Service
- Mobile Detailing with Lux Auto Club / Car Wash
- Leading Pathways ABA Therapy / Applied Behavior Analysis Therapist
- Nextgen Rodent, Wildlife, Iguana & Critter Removal / Pest Control Service / Bird Control Service
Property Details for 1501 Belvedere Rd
- Year built
- 1983
- Construction
- STEEL FRAME
- Lot size
- 4.85 lot acres
- Property size
- 65,760 SF
- Zone code
- GC
- Property type
- Office buildings
- APN
- 74-43-43-29-00-000-5310
- APU
- 74434329000005310
Description
District Pointe, located at 1501 Belvedere Rd, West Palm Beach, FL 33406, offers 76,230 square feet of Class B office space in a single, five-story building. Built in 1983, this property boasts a prominent location at the intersection of Belvedere Road and Mercer Avenue, providing excellent visibility and accessibility. Currently, 35,717 square feet of space is available for lease, with flexible options including full-floor opportunities ranging from approximately 11,417 to 12,153 square feet. The building features a 51-foot ceiling height, 299 parking spaces, and elevators. Situated on a 4.85-acre lot, District Pointe benefits from its proximity to downtown West Palm Beach, Palm Beach International Airport, and I-95. The property is zoned GC and has a Palm Beach County APN of 74-43-43-29-00-000-5310. Annual property taxes are $3.20 per square foot. This South Florida location offers a compelling opportunity for businesses seeking flexible and well-situated office space. The building is categorized as both Traditional and Executive Office space, catering to a variety of tenant needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $17,665,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $14,290,000
- 6.5%
- $13,175,000
- 7%
- $13,000,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $14,565,000
- Geo Method
- $13,320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $13,840,000
- Retail
- $13,255,000
- Mixed-Use
- $15,860,000
- Hospitality
- $12,515,000
- Educational
- $15,425,000
- Residential Income
- $15,685,000
- Energy
- $12,795,000
- Income-Based Land
- $15,390,000
- Food Service
- $12,815,000
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0715
- Latitude
- 26.6919
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
