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Lake Park Industrial Property For Sale

210 Newman Road Lake Park, FL 33403

210 Newman Road, Lake Park, FL, 33403
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20,750 SF industrial property with air-conditioned space.

Property Size20,750 SF
Lot Size1.22 Acres
Price / SF$240.96
AddedMay 12
Days on Market65
Last RefreshJun 22 at 7:38 am

Property Features for 210 Newman Road

General Information

Standard status
Active
Size
20,750 SF
Lot size
1.22 Acres
Property subtype
Industrial

Building Details

Year Built
1976

Listing office JLL

Listing date May 12, 2026

Source Crexi

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 JLL


Investment Insights

Based on property information with market context.

The industrial property, located at 210 Newman Road in Lake Park, FL, features 20,750 square feet of fully air-conditioned space situated on 1.22 acres. The property incorporates 2,600 square feet of office space. Ceiling heights range from 19'9" to 20'4". Loading and unloading operations are facilitated by 2 loading docks and 2 drive-in doors. The site provides 28 parking spaces and includes outdoor storage capabilities. Heavy power is available.

Key Highlights

  • 20,750 SF of 100% air‑conditioned industrial space.
  • Includes 2,600 SF of office space.
  • Features 2 loading docks and 2 drive‑in doors.

Local Financial Insights For Flex RnD

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 $747.0k $36.00
− Vacancy −$44.8k −$2.16
EGI $702.2k $33.84
− OpEx −$245.8k −$11.84
NOI $456.4k $22.00
20,750 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%

Alternative Uses

Best Use
Office B
$7.86M
$6.87M – $9.17M (±1% cap)
NOI $549,979 @ 7.0% cap · market cap 11.00%
Second Best
Flex RnD
$6.52M
$5.71M – $7.61M (±1% cap)
NOI $456,417 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$14.61M
$12.79M – $17.05M (±1% cap)
NOI $1,022,932 @ 7.0% cap · market cap 20.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Dental Office Law Firm Parking Lot & Garage Hotel & Motel Garden Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Storage Facility Butcher

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

Similar Off Market Nearby

  • Simply Delicious Affairs — 1194 Old Dixie Hwy, Lake Park, FL 33403
  • Pure Gold Kombucha — 109 Reed Rd, West Palm Beach, FL 33403
  • The PotBelly Kitchen — 511 W 29th St, Riviera Beach, FL 33404
  • Luminous Meals — NA, 1301 10th St, Lake Park, FL 33403

FAQs

What type of property is this?
Flex space - 20,750 SF industrial property with air-conditioned space.
Where is this flex space located?
The property is located at 210 Newman Road Lake Park, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 20,750 SF of 100% air‑conditioned industrial space.; Includes 2,600 SF of office space.; Features **2 loading docks and 2 drive‑in doors.**
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