1750 Osceola Dr West Palm Beach, FL 33409-5091
- Showrooms
- 9,600 SF
- 1.00 lot acres
Current Use by Public Records
- Palm Beach Superior Pergolas / Carport And Pergola Builder
- Iglesia Cristiana Casa De Rfg / Church
- Paxtire / Auto Repair Shop
- Diaz Mobile - Auto Service Inc / Auto Repair Shop
Property Details for 1750 Osceola Dr
- Year built
- 1983
- Construction
- STEEL FRAME
- Lot size
- 1.00 lot acres
- Property size
- 9,600 SF
- Zone code
- CG
- Property type
- Showrooms
- APN
- 00-43-43-30-03-035-0010
- APU
- 434330030350010
Description
This exceptional mixed-use property, located at 1750 Osceola Drive in West Palm Beach, Florida, presents a compelling investment opportunity. The 9,600 square foot building, constructed in 1983, boasts four units and offers significant potential for a variety of uses, including industrial, retail, or office space. Its strategic location between I-95 and the Turnpike provides unparalleled access and visibility. The property generates a gross annual rent of $210,000, resulting in a strong net operating income (NOI) of $180,000. The asking price is $2,290,000. Situated in the heart of West Palm Beach (zip code 33409), this property benefits from the city's vibrant economy and growing population. The lot size is not specified. This is a rare chance to acquire a well-performing mixed-use asset in a highly desirable location with excellent transportation links. The property's strong cash flow and prime location make it an ideal investment for both seasoned and emerging investors seeking a stable and potentially appreciating asset in the thriving West Palm Beach market. Further due diligence is recommended to fully assess the investment potential.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,430,000
- 6.5%
- $2,240,000
- 7%
- $2,080,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,320,000
- AI Estimate
- $1,289,000
Market price range: $1.65M - $6.15MMarket price range: $467k - $3.37M
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Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0925
- Latitude
- 26.7025
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA