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    Industrial Warehouse For Sale Title is generated by Realmo AI

    1500 High Ridge Road, Boynton Beach, FL

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    For Sale
    $11,750,000

    COMMERCIAL - Boynton Beach, FL

    Property size:
    63,663 SF
    Lot size:
    3.74 Acres
    Price / SF:
    $184/SF
    Added:
    Mar 17, 2026
    Days on Market:
    96
    Last Refresh:
    Jun 20 at 3:06 am

    Property Features for 1500 High Ridge Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    M1(cit
    Parking
    150
    Security features
    Security System
    Standard status
    Active
    APN
    08434521000003020
    Size
    63,663 SF
    Lot size
    3.74 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    21-45-43~ S 422 FT OF W 1/4 LYG W OF SAL R/W & N OF C-16 CANAL (LESS S 54.45 FT & W 40.02 FT)
    Tax Annual Amount
    176689

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Wood, Concrete, Carpet, Vinyl
    Building materials
    CBS, Concrete, Metal Siding
    Roof type
    Concrete, Metal, Tar/Gravel

    We can help!

    Listing Contact
    Shannon Ramirez
    Shannon Ramirez

    Listing agent Shannon Ramirez License #3631203

    Listing office Douglas Elliman 340 Royal Poinciana Way, M302, Palm Beach, FL

    Listing date Mar 17, 2026

    MLS# B26004542

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1962
    • Central heating with central air cooling
    • Construction materials include CBS, concrete, and metal siding
    • Roof types include concrete, metal, and tar/gravel
    • Public water and public sewer
    • Cable available

    Overview

    This for-sale industrial warehouse comprises 63,663 square feet situated on 3.74 acres. The property is presented as an industrial warehouse asset within the M1(cit zoning designation shown in the listing information.

    Located in Boynton Beach, Florida, the site is identified at 1500 High Ridge Road in Palm Beach County. The listing includes both the total lot size and the overall property size to support evaluation for industrial storage, operations, or related uses consistent with the provided zoning.

    For buyers seeking an industrial warehouse configuration on a sizable parcel, this offering provides a straightforward land-and-building package with clearly stated dimensions. Prospective tenants and owner-users should review the M1(cit zoning designation closely to confirm permitted uses, as the listing information does not specify additional development details beyond the property type, acreage, and building size.

    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 $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
    Warehouse
    $11.92M
    $10.43M – $13.91M (±1% cap)
    NOI $834,561 @ 7.0% cap · market cap 7.10%
    Second Best
    Industrial
    $9.82M
    $8.59M – $11.45M (±1% cap)
    NOI $687,285 @ 7.0% cap · market cap 5.85%
    Theoretical Best
    Office A
    $44.84M
    $39.23M – $52.31M (±1% cap)
    NOI $3,138,453 @ 7.0% cap · market cap 26.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ECM Air Conditioning ... HVAC Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sox Classic Car Storage — 170 Commerce Rd, Boynton Beach, FL 33426
    • Auto Storage of Delray — 550 Industrial Way, Boynton Beach, FL 33426
    • BIGBOIMOVERS LLC — 2031 NE 1st Way, Boynton Beach, FL 33435
    • Renaissance Self Storage — 1500 Gateway Blvd Suite 190, Boynton Beach, FL 33426
    • Star Alliance Movers, LLC — 2500 quantum lakes dr ste 203, boynton beach, fl 33426

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.074031
    Latitude
    26.540294

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse offering 63,663 SF on 3.74 acres, zoned M1(cit, in Boynton Beach, FL.
    Where is this warehouse 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: Built in 1962; Central heating with central air cooling; Construction materials include CBS, concrete, and metal siding
    More about this property
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