Industrial Warehouse For
For Sale
Contact for pricing
1500 High Ridge Road, Boynton Beach, FL 33426
Industrial warehouse property offering substantial space for manufacturing, storage, and light distribution users.
Property Size63,663 SF
Price / SF$184.57
Days on Market136
Property Features for 1500 High Ridge Road
General Information
Standard status
Active
Size
63,663 SF
Property subtype
Industrial, Business for Sale, Office, Retail
Building Details
Year Built
1962
Listing Agency:
Douglas Elliman
Listed By:
Shannon Ramirez · License #3631203
Source:
Crexi
Added: Mar 24
Changed: Jul 10
Last Checked: Aug 5 at 1:02PM
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 Douglas Elliman
Investment Insights
Based on property information with market context.
This For Sale industrial warehouse totals 63,663 square feet, offering a substantial, flexible platform for businesses that need dedicated space for operations. The property is presented as industrial real estate, aligning with users seeking warehouse-oriented functionality within a larger footprint.
The asset is located at 1500 High Ridge Road in Boynton Beach, Florida. As an industrial property, it is suited to tenants and owners looking for warehouse space designed to support day-to-day operational needs, whether for storage, fulfillment, or other industrial uses.
With its large size, the building can support a range of warehouse-based business requirements, including storage and distribution-focused operations. Prospective tenants and buyers can evaluate the facility as a straightforward industrial option for accommodating current needs while providing room to scale within the same warehouse footprint. This is a direct sales opportunity for industrial space in Boynton Beach.
The asset is located at 1500 High Ridge Road in Boynton Beach, Florida. As an industrial property, it is suited to tenants and owners looking for warehouse space designed to support day-to-day operational needs, whether for storage, fulfillment, or other industrial uses.
With its large size, the building can support a range of warehouse-based business requirements, including storage and distribution-focused operations. Prospective tenants and buyers can evaluate the facility as a straightforward industrial option for accommodating current needs while providing room to scale within the same warehouse footprint. This is a direct sales opportunity for industrial space in Boynton Beach.
Key Highlights
- Industrial warehouse building built in 1962
- 63,663 SF industrial property
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 | $1.04M | $16.32 |
| − Vacancy | −$57.1k | −$0.90 |
| EGI | $981.8k | $15.42 |
| − OpEx | −$147.3k | −$2.31 |
| NOI | $834.6k | $13.11 |
63,663 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$24.11M
$21.09M – $28.12M
NOI $1,687,388 @ 7.0% cap · market cap 14.36%
Second Best
Flex RnD
$20.00M
$17.50M – $23.34M
NOI $1,400,331 @ 7.0% cap · market cap 11.92%
Theoretical Best
Office A
$44.84M
$39.23M – $52.31M
NOI $3,138,453 @ 7.0% cap · market cap 26.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33426, FL
25,155
Population
12,500
Households
2
Avg Household Size
43
Median Age
32%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
4,124
Density / Sq Mi
$76,328
Median Household Income
$43,992
Median Earnings
$1,981
Median Rent
$298,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial warehouse property offering substantial space for manufacturing, storage, and light distribution users.
Where is this flex space located?
The property is located at 1500 High Ridge Road Boynton Beach, FL.
What is the asking price?
The asking price for this property is $11,750,000.
What are key features of this property?
This property features: Industrial warehouse building built in 1962; 63,663 SF industrial property
