***7% CAP RATE*** *Fully leased NNN Industrial Investment Opportunity! *2 Possible Scenarios: -FULLY LEASED 3 Tenants with 5-year NNN leases - PARTIALLY LEASED 2 Tenants with 5-year NNN leases *Recently renovated *Zoned: AI - Artisanal Industrial Mechanic OK
MLS# | R10935755 |
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Listing Type | For Sale |
Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 1989 |
Days On Site | 304 |
Listing Provided By | Riddle & Co. | Alan Taylor Riddle |
Story(s) | 1 |
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Zoning | AI - ART |
Acreage | 0.23 |
Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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Date: Aug 2024 | Sales: 15 | Avg $ Per SqFt: $32.14 | Min Sale Price: $700 | Max Sale Price: $275,500 | Med Sale Price: $1,635 |
Date: Jul 2024 | Sales: 37 | Avg $ Per SqFt: $123.32 | Min Sale Price: $1,200 | Max Sale Price: $775,000 | Med Sale Price: $2,695 |
Date: Jun 2024 | Sales: 43 | Avg $ Per SqFt: $86.68 | Min Sale Price: $800 | Max Sale Price: $940,000 | Med Sale Price: $2,000 |
Date: May 2024 | Sales: 59 | Avg $ Per SqFt: $108.37 | Min Sale Price: $1,095 | Max Sale Price: $962,500 | Med Sale Price: $2,150 |
Date: Apr 2024 | Sales: 62 | Avg $ Per SqFt: $167.82 | Min Sale Price: $1,268 | Max Sale Price: $840,000 | Med Sale Price: $3,245 |
Date: Mar 2024 | Sales: 37 | Avg $ Per SqFt: $215.05 | Min Sale Price: $1,200 | Max Sale Price: $1,075,000 | Med Sale Price: $242,000 |
Date: Feb 2024 | Sales: 15 | Avg $ Per SqFt: $277.9 | Min Sale Price: $1,200 | Max Sale Price: $1,342,500 | Med Sale Price: $409,000 |
Date: Jan 2024 | Sales: 13 | Avg $ Per SqFt: $269.78 | Min Sale Price: $1,600 | Max Sale Price: $700,000 | Med Sale Price: $445,000 |
Date: Dec 2023 | Sales: 10 | Avg $ Per SqFt: $158.49 | Min Sale Price: $1,700 | Max Sale Price: $650,000 | Med Sale Price: $204,950 |
Date: Nov 2023 | Sales: 12 | Avg $ Per SqFt: $278.48 | Min Sale Price: $1,100 | Max Sale Price: $1,600,000 | Med Sale Price: $352,500 |
Date: Oct 2023 | Sales: 9 | Avg $ Per SqFt: $306.26 | Min Sale Price: $2,700 | Max Sale Price: $1,975,000 | Med Sale Price: $505,000 |
Date: Sep 2023 | Sales: 4 | Avg $ Per SqFt: $266.11 | Min Sale Price: $1,550 | Max Sale Price: $607,000 | Med Sale Price: $457,500 |
Aug 2024 | |
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Sales: | 15 |
Avg $ Per SqFt: | $32.14 |
Min Sale Price: | $700 |
Max Sale Price: | $275,500 |
Med Sale Price: | $1,635 |
Jul 2024 | |
Sales: | 37 |
Avg $ Per SqFt: | $123.32 |
Min Sale Price: | $1,200 |
Max Sale Price: | $775,000 |
Med Sale Price: | $2,695 |
Jun 2024 | |
Sales: | 43 |
Avg $ Per SqFt: | $86.68 |
Min Sale Price: | $800 |
Max Sale Price: | $940,000 |
Med Sale Price: | $2,000 |
May 2024 | |
Sales: | 59 |
Avg $ Per SqFt: | $108.37 |
Min Sale Price: | $1,095 |
Max Sale Price: | $962,500 |
Med Sale Price: | $2,150 |
Apr 2024 | |
Sales: | 62 |
Avg $ Per SqFt: | $167.82 |
Min Sale Price: | $1,268 |
Max Sale Price: | $840,000 |
Med Sale Price: | $3,245 |
Mar 2024 | |
Sales: | 37 |
Avg $ Per SqFt: | $215.05 |
Min Sale Price: | $1,200 |
Max Sale Price: | $1,075,000 |
Med Sale Price: | $242,000 |
Feb 2024 | |
Sales: | 15 |
Avg $ Per SqFt: | $277.9 |
Min Sale Price: | $1,200 |
Max Sale Price: | $1,342,500 |
Med Sale Price: | $409,000 |
Jan 2024 | |
Sales: | 13 |
Avg $ Per SqFt: | $269.78 |
Min Sale Price: | $1,600 |
Max Sale Price: | $700,000 |
Med Sale Price: | $445,000 |
Dec 2023 | |
Sales: | 10 |
Avg $ Per SqFt: | $158.49 |
Min Sale Price: | $1,700 |
Max Sale Price: | $650,000 |
Med Sale Price: | $204,950 |
Nov 2023 | |
Sales: | 12 |
Avg $ Per SqFt: | $278.48 |
Min Sale Price: | $1,100 |
Max Sale Price: | $1,600,000 |
Med Sale Price: | $352,500 |
Oct 2023 | |
Sales: | 9 |
Avg $ Per SqFt: | $306.26 |
Min Sale Price: | $2,700 |
Max Sale Price: | $1,975,000 |
Med Sale Price: | $505,000 |
Sep 2023 | |
Sales: | 4 |
Avg $ Per SqFt: | $266.11 |
Min Sale Price: | $1,550 |
Max Sale Price: | $607,000 |
Med Sale Price: | $457,500 |
Attachments | |
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Loading |
State | FL |
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County | Palm Beach County |
City | Lake Worth Beach |
Zip Code | 33460 |
Area | 5630 |
Subarea | Palm Beach 5600; 5610; 5620; 5630; 5640 |
Community Name | LAKE WORTH TOWN OF |
Listing VS Median (in LAKE WORTH TOWN OF) | |
Price: $2,450,000 low | high Med: $377,000 100% of Average On Site: 304 low | high Med: 101.500000 100% of Average |