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Property summary
Business Park One, located at 3866 Prospect Ave, West Palm Beach, FL 33404, offers a diverse range of industrial spaces for lease. This multi-tenant property comprises three single-story buildings totaling 54,078 square feet, built in 1984. The property is zoned LI - Light Industrial and features 55 drive-in bays, with units ranging from a minimum of 720 square feet to a maximum contiguous space of 1,200 square feet. Currently, 4,920 square feet of space is available. Each unit boasts 14-foot ceilings, air-conditioned offices, private restrooms, and convenient warehouse access via overhead doors. The property is situated on Enterprise Drive and Prospect Avenue in the Riviera Beach submarket, offering excellent access and visibility. The property's flexible space is ideal for various manufacturing, distribution, R&D, and flex uses. This prime West Palm Beach location provides a strategic advantage for businesses seeking efficient and well-appointed industrial space. The property's address is 3866 Prospect Ave, West Palm Beach, FL 33404, with the APN being 00-43-42-30-01-009-0040. North-facing frontage provides ample natural light.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Telecommunications Service
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Water Treatment Supplier Water Softening Equipment Supplier
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Painting
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Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IL · West Palm Beach, FLd 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 (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 (…
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The district profile from the municipal source: what is on file for IL in West Palm Beach, FL.
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