7408 Lake Worth Rd Greenacres, FL 33467
Property Lookup
Property profile & analytics
7408 Lake Worth Rd Greenacres, FL 33467
- Medical Office Space
- 31,847 SF
- 1.79 lot acres
Property ID
US18-2770501
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Thomas Matthew MD / Physician
- Jeffrey L Katzell, MD, PA dba Minimally Invasive S / Physician
- Pain Medicine Physicians / Physician
- Lake Worth Medical Center / Medical Clinic
- CL Brumback Primary Care Clinics - Lake Worth / Medical Clinic
Property Details for 7408 Lake Worth Rd
- Year built
- 2009
- Construction
- CONCRETE
- Lot size
- 1.79 lot acres
- Property size
- 31,847 SF
- Zone code
- CG
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 00-42-44-28-36-001-0000
- APU
- 424428360010000
Description
This exceptional one-story, Class B medical office building, constructed in 2009, offers 33,752 square feet of space in a highly desirable Greenacres, Florida location. Situated on 1.79 acres of land at 7408 Lake Worth Road, zip code 33467, this property boasts a convenient location near the Florida Turnpike, ensuring easy accessibility for patients and staff. The building features a total of 530 complimentary parking spaces, providing ample convenience for all. Currently, there are three suites available, with a minimum divisible space of 1,925 square feet and a maximum contiguous space of 6,101 square feet. A total of 12,216 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The building's single-story design and layout are ideal for a variety of medical practices. This property is located in the Lake Worth submarket of Palm Beach County, within the West Palm Beach submarket cluster, offering excellent visibility and access to a thriving patient base. The building's design and location make it an ideal setting for a successful and highly visible medical practice. This is a rare opportunity to secure prime medical office space in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $14,380,000
- ML approach
- $10,570,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $15,644,000
Market price range: $8.47M - $19.5M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $12,550,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $21,835,000 Change: +74% Conversion: Moderate
- RESTAURANT
- $18,445,000 Change: +47% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $14,625,000 Change: +17% Conversion: Easy
- OFFICE BUILDING
- $14,040,000 Change: +12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $13,110,000 Change: +4% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $11,585,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1644
- Latitude
- 26.6164
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$185,113
$1,337,048
$9,541,321
$10,878,369
-
$1,337,048
$9,541,321
$10,878,369
