Multi-Tenant Warehouse
New
For Sale
$5,282,000
1330 & 1350 W Indiantown Rd, Jupiter, FL 33458
Two-building industrial asset with established occupants, I-2 zoning, and access to Jupiter’s Indiantown Road commercial corridor.
Property Size17,785 SF
Days on Market4
Property Features for 1330 & 1350 W Indiantown Rd
General Information
Standard status
Active
Size
17,785 SF
Property subtype
Industrial
Zoning
I-2
Occupancy
100%
Site & Location
Traffic Count
62,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
17,785 SF
Year Built
1973
Buildings
2
Tenancy
Multi
Listing Agency:
(703) 434-2599
Listed By:
Patrick Nutt · License #FL SL3257920
(703) 434-2599
Source:
Srsre
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 11 at 4:37AM
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 Patrick Nutt
Investment Insights
Based on property information with market context.
This two-building industrial property is occupied by Goodyear, Shiny Prints, and TRENDYGOLF USA. Goodyear and Shiny Prints lease Building 1, with terms extending through August 2028 and January 2028, respectively. Building 2 is leased to TRENDYGOLF USA. Lease structures include extension rights and scheduled rental increases, while tenants cover CAM, taxes, and insurance and handle most premises maintenance.
The property carries I-2 zoning, supporting the existing operations and a range of industrial applications, including warehouse, storage, and research uses. It fronts Indiantown Road, also designated State Road 706, and sits within Pennock Industrial Park, an established business park operating for more than 50 years. Interstate 95 and the Florida Turnpike are nearby, with retail centers, national tenants, and Jupiter Community High School in the surrounding area.
The property carries I-2 zoning, supporting the existing operations and a range of industrial applications, including warehouse, storage, and research uses. It fronts Indiantown Road, also designated State Road 706, and sits within Pennock Industrial Park, an established business park operating for more than 50 years. Interstate 95 and the Florida Turnpike are nearby, with retail centers, national tenants, and Jupiter Community High School in the surrounding area.
Key Highlights
- Two‑building property occupied by Goodyear, Shiny Prints, and TRENDYGOLF USA
- I‑2 zoning supports warehouse, storage, research, and other industrial uses
- Indiantown Road frontage with approximately 62,000 VPD
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
$300,730
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
5.69%
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%
$6,014,600
$6.0M
Cap Rate 7%
$4,296,143
$4.3M
Cap Rate 9%
$3,341,444
$3.3M
Market Conditions
NOI Build-Up for 17,785 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
$469.5K $26.40/SF
− Vacancy
−$39.9K −$2.24/SF
EGI
$429.6K $24.16/SF
− OpEx
−$128.9K −$7.25/SF
NOI
$300.7K $16.91/SF
Area
Palm Beach County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
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%
$6,014,600
Cap Rate 7%
$4,296,143
Cap Rate 9%
$3,341,444
Alternative Uses
Best Use
Retail
$4.30M
$3.76M – $5.01M
NOI $300,730 @ 7.0% cap · market cap 5.69%
Second Best
Warehouse
$3.33M
$2.91M – $3.89M
NOI $233,144 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$12.53M
$10.96M – $14.61M
NOI $876,764 @ 7.0% cap · market cap 16.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
62,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,336
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33458, FL
55,083
Population
23,121
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
20.4 sq mi
ZIP Area
2,700
Density / Sq Mi
$107,626
Median Household Income
$48,448
Median Earnings
$2,090
Median Rent
$550,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-building industrial asset with established occupants, I-2 zoning, and access to Jupiter’s Indiantown Road commercial corridor.
Where is this warehouse located?
The property is located at 1330 & 1350 W Indiantown Rd Jupiter, FL.
What is the asking price?
The asking price for this property is $5,282,000.
What are key features of this property?
This property features: Two‑building property occupied by Goodyear, Shiny Prints, and TRENDYGOLF USA; I‑2 zoning supports warehouse, storage, research, and other industrial uses; Indiantown Road frontage with approximately 62,000 VPD
