Industrial Properties in South Palm Beach
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Reonomy attracts a large community of South Palm Beach commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in industrial properties.
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South Palm Beach industrial property sold prices and values
| Values and sold prices (last 24 months) | United States | Florida | South Palm Beach |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $2,287,467 | $1,477,535 | -- |
| Median sold price | $196,561 | $250,652 | -- |
| Number of sales | 110,256 | 10,706 | -- |
| Number of sales over $250k | 51,443 | 5,399 | -- |
| Number of sales over $1m | 27,453 | 2,402 | -- |
| Number of sales over $10m | 4,764 | 308 | -- |
| Average total tax amount | $24,505 | $16,993 | -- |
| Average assessed value | $1,093,116 | $910,390 | -- |
| Average market value | $1,396,035 | $949,292 | -- |
South Palm Beach industrial property property averages
| Property averages | United States | Florida | South Palm Beach |
|---|---|---|---|
| Average lot size | 411,537 sf | 277,526 sf | -- |
| Median lot size | 46,227 sf | 38,120 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1981 | 1986 | -- |
| Average number of units | 14 | 50 | -- |
| Median number of units | -- | -- | -- |
South Palm Beach industrial property total supply
| Supply | United States | Florida | South Palm Beach |
|---|---|---|---|
| Number of parcels | 1,361,848 | 94,929 | -- |
| Aggregate lot acerage | 22,465,066 | 450,930 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 3,371,701 | 1,440,617 | -- |
South Palm Beach industrial property industrial mortgages
| Debt | United States | Florida | South Palm Beach |
|---|---|---|---|
| Number of mortgages | 1,626,798 | 146,031 | -- |
| Average value of mortgages | $19,377,464 | $9,209,372 | -- |
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