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2411 Division Ave West Palm Beach, FL 33407-5324

OFF-MARKET Showrooms Google Maps
2,313 SF 0.27 ac lot Built 1940
Entity Owned Free & Clear
Estimated value (blended)
$220k
Range $198k – $242k (±10%)
Property ID US18-2806241

Property summary

AI-generated overview

This exceptional single-tenant industrial warehouse, located at 2411 Division Avenue in West Palm Beach, Florida, presents a compelling investment opportunity. The property boasts a total area of 2,313 square feet, offering ample space for various industrial uses. Its zoning classification is I(city), providing flexibility for a range of potential businesses. The property's address is 2411 Division Avenue, West Palm Beach, FL 33407, with GPS coordinates of 26.7352165 latitude and -80.0597353 longitude. The property consists of a single building suite within a single tenancy structure, making it ideal for owner-occupiers or investors seeking a straightforward, low-maintenance asset. The property's APN is 74434309060110060. While the lot size is not currently specified, the building itself provides substantial space for operations. This warehouse is situated in a prime West Palm Beach location, offering convenient access to major transportation routes and essential amenities. The property's industrial nature and single-tenant occupancy provide a stable and predictable income stream for potential investors. This is a rare opportunity to acquire a well-located, functional industrial warehouse in a thriving Florida market. Serious inquiries are encouraged.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1940
Construction WOOD
Total area 2,313 SF
Lot 0.27 ac (11,726 SF)
Zoning code IL
APN 74-43-43-09-06-011-0060
UPID US18-2806241

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
  • Auto Repair Shop
  • Car Wash

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Zoning & alternative use

IL · West Palm Beach, FL
Zoning description

d Transition District (RTD). Secs. 94-150-94-170. - Reserved. ARTICLE VI. - INDUSTRIAL DISTRICT Article VI. Footnotes Sec. 94-171. - Intent. Sec. 94-172. - General development standards. Sec. 94-173. - Industrial light (…

General category INDUSTRIAL

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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