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2725 Hillsboro Road, West Palm Beach FL 33405

Commercial For Sale
$8,995,000

BTC: 140.00000000

ETH: 4,727.64159273

2 days
0 room(s)

Overview

Current owner purchased the warehouse in January 2019 to house a private art collection. When purchased, the warehouse was shell stripped of all power. The renovation completed a year and a half later in August 2020. Renovated to Chubb's specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, (Pre Action sprinkler system), all new power (600 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. 2 ADA bathrooms and an ADA entry/exit ramp. Renovation completed August 2020. The property has 4 parking spaces in front and there is an on-going lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year lease at $6,500/year. The Lease has a 5-year option to renew with approval from FDOT. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1961
Lot:
0.51 Acres
Heating:
Other
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,450,000
$740K – $11.2M
Confidence Low
List vs. estimate
$5.5M above estimate
List $8,995,000 · +160.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 13 public-records sales within 0.5 mi
Median actual sale: $705K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$63,435
2025
Parking
3 spaces
All facts and features
  • Flooring

    • Concrete

    Heating

    • Other

    Cooling

    • Central Air

    Other interior features

    • Fire Sprinklers

  • Property

    • Levels: 1

    Lot

    • Lot: 0.51 Acres

    Other Property Information

    • Parcel Number: 74434333340060050

    • Zoning: I—INDUSTRIAL

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $63,435

  • Source details

    • MLS ID: B26058215

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre

    • Water Source: Public

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman