Collector Warehouse | 2725 Hillsboro Rd
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Collector Warehouse 2725 Hillsboro Rd
21,338 SF Industrial Building West Palm Beach, FL 33405 $9,995,000 ($468/SF)
Investment Highlights
- Perfect opportunity for an owner user for private storage for antiques, art, automobiles, and other collectibles. Would make a great showroom.
- 3-phase industrial setup: includes 1 dock (1 exterior and 2 interior) and drive-ins.
- Warehouse situated in the heart of Palm Beach with convenient access to I-95: close to public transportation.
- Please Call For More Information
Executive Summary
Current owner purchased the property in January 2019 for private storage. When purchased, the warehouse was a shell. The renovation was completed 1.5 years later, August 24, 2020.
Renovated to Chubb’s specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, a dry sprinkler system (Pre Action sprinkler system), all new power (624 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. Additionally, it has two ADA bathrooms and an ADA entry/exit ramp.
The property has 3 loading docks (2 interior and I exterior), 4 parking spaces in front and there is an on-going 5-year lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year option to extend at $6,500/year. The building is located just past the 95 overpass off Belvedere Road.
Renovated to Chubb’s specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, a dry sprinkler system (Pre Action sprinkler system), all new power (624 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. Additionally, it has two ADA bathrooms and an ADA entry/exit ramp.
The property has 3 loading docks (2 interior and I exterior), 4 parking spaces in front and there is an on-going 5-year lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year option to extend at $6,500/year. The building is located just past the 95 overpass off Belvedere Road.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Air Conditioning
Utilities
- Gas
- Water - City
- Sewer - City
- Heating - Electric
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PROPERTY TAXES
| Parcel Number | 74-43-43-33-34-006-0050 | Improvements Assessment | $2,455,258 (2023) |
| Land Assessment | $244,466 (2023) | Total Assessment | $2,103,585 (2023) |
PROPERTY TAXES
Parcel Number
74-43-43-33-34-006-0050
Land Assessment
$244,466 (2023)
Improvements Assessment
$2,455,258 (2023)
Total Assessment
$2,103,585 (2023)
zoning
| Zoning Code | I, West Palm Beach (4800—WAREH/DIST TERM Zoning I—INDUSTRIAL (74-WEST PALM BEACH)) |
| I, West Palm Beach (4800—WAREH/DIST TERM Zoning I—INDUSTRIAL (74-WEST PALM BEACH)) |
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Collector Warehouse | 2725 Hillsboro Rd
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