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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 2026. 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. With extreme speed of the re-development this property is set to appreciate by 10-20% annually - new high-rise buildings are being built and more is planned less than 1 mile away with over 30,000 people expected to move into the zip code in the next 1,5 years. Unique strip of commercial properties will be redeveloping and inevitably appreciating. Owner moved to a bigger building a block away and is willing to let this one go at this unbeatable price - 1800sq.ft building and a large yard offered for Sale now.
Additionally, this site is within the "Opportunity Zone" - City of West Palm Beach is now offering the grants to the property owners in this area to redevelop their properties and create new jobs and more modern facilities. The current owner can guide the new owners through the process of securing the redevelopment grant.
Currently occupied by tenant paying $4900/month with possibility of extension or end the lease.
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.
Call / Text the owner for showings - 805-216-6071.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $58,800 $32.67
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $58,800
Annual Per SF $32.67
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,099,000
Price Per SF $610.56
Sale Type Investment or Owner User
Cap Rate 5.35%
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • Industrial Manufacturing
  • Industrial Warehouse
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
Zoning IL - IL - INDUSTRIAL LIGHT ( 74-WEST PALM BEACH )

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Signage
  • Yard
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
74-43-43-09-06-011-0130
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$341,914 (2025)
  • Listing ID: 29140440

  • Date on Market: 7/29/2023

  • Last Updated:

  • Address: 2500 E Tamarind Ave, West Palm Beach, FL 33407

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