Jensen Beach Flex Warehouse
For Sale
Contact for pricing
1265 NE Savannah Rd, Jensen Beach, FL
6,540 SF flex warehouse in Jensen Beach, Florida.
Property Size6,540 SF
Lot Size4.12 Acres
Price / SF$305.05
Days on Market526
Property Features for 1265 NE Savannah Rd
General Information
Standard status
Active
Size
6,540 SF
Lot size
4.12 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Jeremiah Baron & Co.
(772) 286-5744
Listed By:
Mathew Crady · License #3319900
(772) 260-1655
Source:
Moodyscre
Added: Apr 12, 2025
Changed: Sep 5
Last Checked: Sep 19 at 1:35PM
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 Jeremiah Baron & Co.
Investment Insights
Based on property information with market context.
This 6,540 SF freestanding flex warehouse is located off NE Savannah Road in Jensen Beach, FL. The property features an expansive open-floor warehouse space with a 200 SF office area, and two 16-ft. roll-up doors. It also has a 24-ft. ceiling height, allowing for versatile industrial or storage use. This multi-tenant building is currently occupied by two marine service-related tenants, both with under a year remaining on their leases, presenting an excellent owner/user opportunity. The site benefits from its strategic location just minutes from US-1 and 10 miles from the I-95 access ramp, providing connectivity for distribution and business operations. Units 30-31, totaling 2,340 SF, are available for separate purchase.
Key Highlights
- Prime 6,540 SF freestanding flex warehouse in Jensen Beach, FL.
- Strategic location minutes from US‑1 and 10 miles from I‑95.
- Excellent owner/user opportunity with short‑term leases in place.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$105,794
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,115,880
$2.1M
Cap Rate 7%
$1,511,343
$1.5M
Cap Rate 9%
$1,175,489
$1.2M
Market Conditions
NOI Build-Up for 6,540 SF
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.
Gross rent
$131.8K $20.16/SF
− Vacancy
−$7.4K −$1.13/SF
EGI
$124.5K $19.03/SF
− OpEx
−$18.7K −$2.85/SF
NOI
$105.8K $16.18/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,115,880
Cap Rate 7%
$1,511,343
Cap Rate 9%
$1,175,489
Alternative Uses
Best Use
Warehouse
$1.51M
$1.32M – $1.76M
NOI $105,794 @ 7.0% cap · market cap 5.30%
Second Best
Industrial
$1.24M
$1.09M – $1.45M
NOI $87,124 @ 7.0% cap · market cap 4.37%
Theoretical Best
Retail
$1.72M
$1.50M – $2.00M
NOI $120,269 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Central Marine Stuart — 200 NW Alice Ave, Stuart, FL 34994
- Extra Space Storage — 1400 NE Savannah Rd, Jensen Beach, FL 34957
- SmartStop Self Storage — 1105 NE Industrial Blvd, Jensen Beach, FL 34957
Frequently Asked Questions
What type of property is this?
Warehouse - 6,540 SF flex warehouse in Jensen Beach, Florida.
Where is this warehouse located?
The property is located at 1265 NE Savannah Rd Jensen Beach, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Prime 6,540 SF freestanding flex warehouse in Jensen Beach, FL.; Strategic location minutes from US‑1 and 10 miles from I‑95.; Excellent owner/user opportunity with short‑term leases in place.
