1103 5th Ave N, Lake Worth, FL 33460
10,200 SF multi-tenant warehouse property with 21 small bay units.
- Added:
- Apr 10, 2026
- Days on Market:
- 60
- Last Refresh:
- Apr 10 at 8:00 pm
Property Features for 1103 5th Ave N
General Information
- Standard status
- Active
- Size
- 10,200 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1965
Listing agent Ryan T. Shaw License #License(s): FL: SL3046910 (786) 522-7087
Listing office (786) 522-7087
Listing date Apr 10, 2026
Source Marcusmillichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ryan T. Shaw
HighLights
- Value‑add opportunity with mark‑to‑market rental upside.
- Located in the Artisanal Industrial (AI) zoning district.
- Features 21 small bay units designed for flexibility.
- Located in Lake Worth Beach, an emerging coastal market.
- Functional layout with convenient access to major thoroughfares.
- Pro‑growth policies and development incentives are attracting businesses.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $166.5k | $16.32 |
| − Vacancy | −$9.2k | −$0.90 |
| EGI | $157.3k | $15.42 |
| − OpEx | −$23.6k | −$2.31 |
| NOI | $133.7k | $13.11 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Proficient Towing and Transport Inc. — 2139 2nd Ave N, Lake Worth, FL 33460, United States
- Old Mill Moving & Storage Inc — 120 n k st, lake worth, fl 33460
- Self Storage Association — 202 Federal Hwy, Lake Worth Beach, FL 33460
- Move Safe Relocation — 811 Lucerne Ave, Lake Worth Beach, FL 33460
- Foremost Moving And Storage INC — 616 Lucerne Ave, Lake Worth, FL 33460
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0595324
- Latitude
- 26.6210914