2500 E Tamarind Ave
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2500 E Tamarind Ave
1,800 SF Industrial Building West Palm Beach, FL 33407 $1,150,000 ($639/SF) 4.69% Cap Rate
Investment Highlights
- 1,800 square foot industrial building with 475 square feet of air conditioned office space and 2 drive ins.
- Fenced property with yard and additional storage space.
- Great location, situated 1.7-miles away from West Palm Beach Commuter Rail and 6.1-miles away from Palm Beach International Airport.
Executive Summary
Unique Industrial / Commercial zoning allows for a high variety of business uses: Manufacturing, Repairing, Storing, Fulfilment, Fleet management Etc. Less than 5 minutes away from West Palm Beach city hall, this area is growing fast with high-density residential complexes coming out in 2025. Great access to I-95, Turnpike, and plenty of parking - this property is a real gem for investors and business owners looking for their new business location.
Ideally situated just 1.7 miles from the commuter rail and 6.1 miles from Palm Beach International Airport, this 1800-square-foot industrial building offers convenience and accessibility. This versatile property is perfect for a variety of businesses seeking a combination of industrial and office space. Whether you're a small manufacturing operation, a distribution center, or in need of storage space, this property offers the amenities and location to meet your needs.
Ideally situated just 1.7 miles from the commuter rail and 6.1 miles from Palm Beach International Airport, this 1800-square-foot industrial building offers convenience and accessibility. This versatile property is perfect for a variety of businesses seeking a combination of industrial and office space. Whether you're a small manufacturing operation, a distribution center, or in need of storage space, this property offers the amenities and location to meet your needs.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$54,000
|
$30.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,000
|
$30.00
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $54,000 |
| Annual Per SF | $30.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $54,000 |
| Annual Per SF | $30.00 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,150,000 | Rentable Building Area | 1,800 SF |
| Price Per SF | $639 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1960/2020 |
| Cap Rate | 4.69% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.22/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.13 AC |
| Price | $1,150,000 |
| Price Per SF | $639 |
| Sale Type | Investment |
| Cap Rate | 4.69% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.13 AC |
| Rentable Building Area | 1,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2020 |
| Tenancy | Single |
| Parking Ratio | 2.22/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Yard
- Storage Space
- Air Conditioning
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 74-43-43-09-06-011-0130 | Improvements Assessment | $59,890 |
| Land Assessment | $65,654 | Total Assessment | $113,577 |
PROPERTY TAXES
Parcel Number
74-43-43-09-06-011-0130
Land Assessment
$65,654
Improvements Assessment
$59,890
Total Assessment
$113,577
zoning
| Zoning Code | IL (IL - INDUSTRIAL LIGHT ( 74-WEST PALM BEACH )) |
| IL (IL - INDUSTRIAL LIGHT ( 74-WEST PALM BEACH )) |
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