Technical
Financial
Distress signals
Property profile

2751 South Dixie Hwy West Palm Beach, FL 33405

FOR LEASE
Manufacturing properties
Property ID
US18-8298228
43,089 SF 7.92 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class B office building, located at 2751 S Dixie Hwy in West Palm Beach, Florida, presents a significant leasing opportunity. The property, totaling 276,600 square feet, boasts a substantial 34,828 square feet of immediately available space, perfect for a variety of executive office needs. Built in 1995 and extensively renovated in 2020, the four-story building offers modern amenities and a well-maintained structure. The ample parking ensures convenient access for tenants and their clients. Situated in Palm Beach County, this location provides easy access to major transportation routes and a thriving business community. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. This is an ideal opportunity to secure high-quality office space in a desirable West Palm Beach location, with the zip code being 33405. The property's size and modern updates make it a compelling option for businesses seeking to establish or expand their presence in the area. The available space offers significant potential for customization and adaptation to meet specific business requirements. Don't miss this chance to secure a prominent location in a vibrant and growing market.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction CONCRETE
Total area 43,089 SF
Lot 7.92 ac (345,074 SF)
Zoning code GC
APN 74-43-43-33-48-001-0000
UPID US18-8298228

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Financial Advisor
  • Law Firm
  • Engineer
  • Locksmith

Location

2751 South Dixie Hwy West Palm Beach, FL 33405
West Palm Beach metro Census 3400 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$53.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$39.55M
Blend (final) Blend
$53.00M

Owner & transaction history

since 2024
Last sale
$53.0M
2 recorded transactions
2024
$53.0M
2022
Price N/A

Zoning & alternative use

GC · West Palm Beach, FL
Zoning description

IAL DISTRICTS Sec. 94-141. - Intent. Sec. 94-142. - General development standards. Sec. 94-143. - Office commercial (OC) district. Sec. 94-144. - Neighborhood commercial (NC) district. Sec. 94-145. - General commercial (…

General category COMMERCIAL
Top alternative use upside
Restaurant $33.0M +83.2%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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