8188 Jog Rd, Boynton Beach, FL 33472-2952
- Office buildings
- 27,248 SF
- 3.06 lot acres
Current Use by Public Records
- Spangler Home Team - Delray Beach & Boynton Beach Real Estate / Real Estate Agency
- Karina Scagliotti - My Best Florida Home / Real Estate Agency
- Christian LaFleur: Keller Williams Realty, Inc. / Real Estate Agency
- Dr. Todd G. Botwin DMD / Dental Office
- Dr. Maria Zecca-Botwin, DMD / Dental Office
Property Details for 8188 Jog Rd
- Year built
- 1995
- Construction
- CONCRETE
- Lot size
- 3.06 lot acres
- Zone code
- RS
- Property type
- Office buildings
- APN
- 00-42-45-15-13-001-0000
- APU
- 424515130010000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 15, 2020 | $8,308,625 | 8188 Jog Rd LLC | Welltower Om Group LLC | Special Warranty Deed | — |
| Mar 20, 2000 | $4,000,900 | Medical Office Portfolio Prope | T & F Properties LP | Grant Deed | $37M · Gmac Mortgage Corp |
| Feb 11, 1998 | $5,119,100 | T LP | Hcms Investors Ltd | Grant Deed | — |
| — | — | Adult Restorative | — | Deed Of Trust · related | $70k · Mbna America (delaware) NA |
Description
Aberdeen I, located at 8188 Jog Rd, Boynton Beach, FL 33472, presents a unique opportunity for medical professionals seeking prime office space in Palm Beach County. This Energy Star-certified building offers a total of 7,760 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 3,491 square feet and a maximum contiguous space of 4,269 square feet. The building's strategic location at the southeast corner of Jog Road and La Chalet Boulevard provides excellent visibility and accessibility. This medical office building is ideally situated to serve the growing healthcare needs of the community, benefiting from favorable demographics and strong demand. Competitive lease rates and tenant improvement allowances are available, making this an attractive option for establishing or expanding a medical practice. The building is classified as a multi-tenant property, offering flexibility for various practice sizes. Interested parties should inquire about lease terms and available incentives. The property boasts efficient operations, as evidenced by its Energy Star certification.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $13,425,000
- ML approach
- $13,815,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,840,000
- 6.5%
- $11,850,000
- 7%
- $11,005,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,839,000
Market price range: $5.48M - $13.4M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $9,170,000 Current use
- AUTO REPAIR, GARAGE
- $13,460,000 Change: +47% Conversion: Difficult
- RETAIL STORES
- $11,035,000 Change: +20% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $10,765,000 Change: +17% Conversion: Difficult
- MEDICAL BUILDING
- $10,740,000 Change: +17% Conversion: Easy
- COMMERCIAL (GENERAL)
- $9,525,000 Change: +4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1489
- Latitude
- 26.5549
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
