7001 Lantana Rd Lake Worth, FL 33467-6457
- Distribution centers
- 20,941 SF
- 13.28 lot acres
Current Use by Public Records
- Florida Growers Supply Inc / Farm
- Jupiter Accounting / Accountant
Property Details for 7001 Lantana Rd
- Year built
- 1963
- Construction
- STEEL FRAME
- Lot size
- 13.28 lot acres
- Property size
- 20,941 SF
- Zone code
- AR
- Property type
- Distribution centers
- APN
- 00-42-43-27-05-032-1876
- APU
- 424327050321876
Description
This exceptional 27,024-square-foot warehouse, located at 7001 Lantana Road in Lake Worth, Florida, presents a significant opportunity for businesses seeking ample space and strategic positioning. Situated on a generous 15-acre lot, this single-tenant property offers significant flexibility and expansion potential. The warehouse boasts a substantial 32-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by five loading docks and five dock-high doors, complemented by two drive-in doors. The property is zoned for industrial use, encompassing warehouse distribution, light industrial, and agricultural applications. Approximately 2,500 square feet of renovated office space is included, featuring a separate entrance for enhanced privacy and functionality. The property benefits from a newly paved driveway and parking lot, ensuring convenient access and ample parking. The extensive land surrounding the building offers significant potential for additional storage or future expansion. This property is located in Palm Beach County, Florida, with easy access to major transportation routes. The cross street is Fearnley, and the zip code is 33467. There are no elevators on the property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,670,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,345,000
- 6.5%
- $3,845,000
- 7%
- $3,835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,035,000
- Geo Method
- $3,055,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,565,000
- Retail
- $3,270,000
- Mixed-Use
- $3,470,000
- Hospitality
- $3,135,000
- Educational
- $3,600,000
- Residential Income
- $4,045,000
- Energy
- $3,895,000
- Income-Based Land
- $3,030,000
- Food Service
- $3,410,000
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1571
- Latitude
- 26.5926
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
