Property profile

1640 Cypress Dr A1 Jupiter, FL 33469

OFF-MARKET
Showrooms
Property ID
US18-3650388
8,134 SF 0.52 ac lot Built 1970
Entity Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 1640 Cypress Drive Unit A1, Jupiter, Florida, presents a unique investment opportunity. Situated on a sizable 0.52-acre lot in the heart of Tequesta, this building boasts full occupancy, ensuring immediate return on investment. The property is classified as industrial and is currently listed at $3,100,000. The building's strategic location offers significant advantages, including easy access to major transportation routes and a thriving business community. A key feature of this property is the inclusion of a land lease agreement with the town of Jupiter, allowing for the rental of additional parking spaces located at the rear of the building, providing extra revenue potential. This adds considerable value and flexibility to the property's income stream. The building is currently fully occupied, minimizing vacancy risks and maximizing rental income. Detailed property documents are available upon request, providing comprehensive information for potential buyers to conduct thorough due diligence. This is a rare opportunity to acquire a fully occupied, high-demand industrial property in a prime location with additional income-generating potential. Schedule a viewing today to explore this exceptional investment opportunity. Don't miss out on this chance to own a thriving industrial asset in a desirable area.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1970
Construction CONCRETE
Total area 8,134 SF
Lot 0.52 ac (22,568 SF)
Zoning code C4
APN 30-43-40-31-11-000-0030
UPID US18-3650388

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Hardware & Home Improvement General Contractor
  • Department Store
  • Hardware & Home Improvement Construction Company
  • Alternative Medicine Practice

Location

1640 Cypress Dr, Unit A1 Jupiter, FL 33469-3175
Jupiter metro Census 104 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.33M

Owner & transaction history

since 2003
1 recorded transaction
2003
Price N/A

Zoning & alternative use

C4 · Jupiter, FL
Zoning description

The purpose of C4 zone is to permit the location of certain types of retail stores, commercial and business uses in a limited area that adjoins a residential district, and to impose controls and regulations in such distr…

General category COMMERCIAL

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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