4601 N Congress Ave West Palm Beach, FL 33407
- Medical offices
- 25,352 SF
- 1.18 lot acres
Current Use by Public Records
- TierOne Compression / Medical Equipment Manufacturer
- Caroline M. Martinez, PharmD / Pharmacy
- Minerva Ellis / Internist / Practitioner Service Location
- Access Medical Labrotories / Medical Laboratory
- Neeraj Julka, MD / Internist / Doctor
Property Details for 4601 N Congress Ave
- Year built
- 1992
- Construction
- CONCRETE
- Lot size
- 1.18 lot acres
- Property size
- 25,352 SF
- Zone code
- CSPD
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 74-43-43-06-19-002-0000
- APU
- 74434306190020000
Description
This exceptional medical office building, located at 4601 N Congress Avenue in West Palm Beach, Florida, offers ±24,820 square feet of prime space. Currently, there are multiple suites available, ranging from a minimum of 1,104 square feet to a maximum contiguous space of 2,888 square feet. A total of 7,142 square feet is currently vacant and ready for immediate occupancy. The building is situated on the campus of JFK Hospital North Campus, providing a highly desirable location for medical professionals. Its strategic placement, just one block east of I-95 and near the intersection of 45th Street and Congress Avenue, ensures easy access and high visibility. This West Palm Beach property boasts a convenient location, placing it within minutes of a wide array of shopping, dining, banking, and lodging amenities. The building's address is 4601 N Congress Ave, West Palm Beach, FL 33407, in Palm Beach County. This is a multi-tenant property offering flexible space options to suit various medical practices. The building's prime location and proximity to JFK Hospital North Campus make it an ideal investment opportunity for medical professionals seeking a thriving and accessible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,465,000
- 6.5%
- $6,590,000
- 7%
- $5,605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,625,000
- Geo Method
- $5,885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,545,000
- Retail
- $7,185,000
- Mixed-Use
- $5,600,000
- Hospitality
- $6,035,000
- Educational
- $5,855,000
- Residential Income
- $5,720,000
- Energy
- $6,965,000
- Income-Based Land
- $6,850,000
- Food Service
- $5,770,000
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0875
- Latitude
- 26.7595
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA