3109 2Nd Ave N Lake Worth, FL 33461
- Retail space
- 2,250 SF
- 0.34 lot acres
Current Use by Public Records
- Master Brick Pavers Inc / Paving Contractor
Property Details for 3109 2Nd Ave N
- Year built
- 1951
- Construction
- CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 2,250 SF
- Zone code
- RM
- Property type
- Retail space
- APN
- 70-43-44-19-08-000-0070
- APU
- 70434419080000070
Description
This exceptional Palm Springs, Florida industrial property, located at 3109 2nd Avenue N, is offered at $1,500,000. This 2,250 square foot warehouse, built in 1951, sits on a corner lot in the 33461 zip code. The property is zoned for both commercial and residential use and features a main warehouse space, complemented by an office, a showroom, and additional storage areas. There are also two bathrooms included within the building. The warehouse offers ample space for equipment storage and boasts a paved lot, ensuring convenient parking. The property's location provides easy access to major transportation routes. The building is situated on a fenced lot, offering security and privacy. While the lot size is not specified, the listing mentions three lots (7,8,9) are included in the sale. This versatile property presents a unique opportunity for a variety of businesses seeking a well-maintained warehouse with additional space and convenient features in a desirable Palm Beach County location. The property's combination of warehouse space, office area, and showroom makes it ideal for a range of commercial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $425,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $455,000
- Retail
- $375,000
- Mixed-Use
- $365,000
- Hospitality
- $455,000
- Educational
- $480,000
- Residential Income
- $445,000
- Energy
- $440,000
- Income-Based Land
- $415,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0909
- Latitude
- 26.6197
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA