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4215, 4217 & 4233 Up the Grove Lane

Off-Market

4217 Up the Grove Lane, West Palm Beach, FL 33407

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  • Property Type Office - General Office
  • Property Size 98,136 SF
  • Lot Size 14.65 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1970

Location

  • City West Palm Beach, FL
  • Neighborhood Villages Of Palm Beach Lakes
  • Zip Code 33407
  • Market West Palm Beach Boca Raton

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 18 Dec, 1985
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in West Palm Beach

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in West Palm Beach Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $39.88
  • 2020 Office Vacancy Rate 14.20%
  • 2020 Office Completions (SF) 60,000

West Palm Beach Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $152.48
  • Y-o-Y Avg. PpSF Change -20.18%
  • 2020 Office Sales Volume $51.5M
  • 2020 Number of Transactions 7
View more West Palm Beach market trends

Tax

  • Base Tax $377,285
  • Current Tax $401,992
  • Market Value* $17,349,012
  • Assessed Value $17,349,012

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 4215, 4217 & 4233 Up the Grove Lane?

4215, 4217 & 4233 Up the Grove Lane totals 98,136 square feet.

When was this property built?

4215, 4217 & 4233 Up the Grove Lane was built in 1970.

When was 4215, 4217 & 4233 Up the Grove Lane last sold?

4215, 4217 & 4233 Up the Grove Lane was last sold on 18 Dec, 1985.

What is the market value for 4215, 4217 & 4233 Up the Grove Lane?

The market value* for 4215, 4217 & 4233 Up the Grove Lane in 2021 was $17,349,012.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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