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1800 Madrid Ave
Lake Worth, FL 33461
OWNER/USER INDUSTRIAL · Industrial Property For Sale
Investment Highlights
- Positioned strategically in the Lake Worth submarket, which has experienced some of the highest rental growth year-over-year in the entire county.
- With very limited availability of vacant industrial space below 40,000 SF, this opportunity will fit the needs of countless different users.
- Average household income nearing $80,000 in a 5-mile radius with population estimates of over 250,000 people.
- The continued increase is due to consistent demand from smaller to midsized tenants seeking available space in the corridor.
- The property has a healthy blend of significant open warehouse space as well as office space.
- These extremely positive demographics are strongly influenced by location, increased rental growth, and declining vacancy rates.
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1954 |
| Building Class | C | Parking Ratio | 0.31/1,000 SF |
| Lot Size | 1.97 AC | Clear Ceiling Height | 14’6” |
| Rentable Building Area | 85,813 SF | No. Drive In / Grade-Level Doors | 11 |
| Zoning | I-POC - City of Lake Worth Industrial Park of Commerce (High Intensity Industrial formerly LTHI-I) | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.97 AC |
| Rentable Building Area | 85,813 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 0.31/1,000 SF |
| Clear Ceiling Height | 14’6” |
| No. Drive In / Grade-Level Doors | 11 |
| Zoning | I-POC - City of Lake Worth Industrial Park of Commerce (High Intensity Industrial formerly LTHI-I) |
Amenities
- Fenced Lot
- Floor Drains
- Yard
- Storage Space
- Air Conditioning
Utilities
- Water - City
- Sewer - City
Property Taxes
| Parcel Number | 38-43-44-21-04-002-0011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,194,657 |
Property Taxes
Parcel Number
38-43-44-21-04-002-0011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,194,657
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