Refrigerated Flex
For Sale
Contact for pricing
3463 HIGH RIDGE Road, Boynton Beach, FL 33426
Flex warehouse includes operational cold storage and a workshop with private office and restroom.
Property Size3,047 SF
Price / SF$0.01
Days on Market97
Property Features for 3463 HIGH RIDGE Road
General Information
Standard status
Active
Size
3,047 SF
Property subtype
Industrial
Building Details
Year Built
2004
Listing Agency:
Keller Williams Realty - Wellington
(561) 472-1236
Listed By:
Alisa F Squillacote · License #3229049
(561) 758-2289
Source:
Lehmannflorida
Added: Jul 17
Changed: Oct 19
Last Checked: Oct 19 at 10:07AM
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 Keller Williams Realty - Wellington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This refrigerated flex warehouse is designed for temperature-controlled operations, with 1,240 SF of operational cold storage maintained at 34°F. The remaining 786 SF includes flex space with a workshop, a private office, and a restroom. A ground-level roll-up door supports efficient loading and unloading, and forklift and shelving may be included with an acceptable lease.
The property is offered for sale and features flexible lease configurations, with the landlord indicating a willingness to customize the layout for qualified tenants needing additional office space.
The current layout provides cold storage alongside usable flex improvements that can support a range of temperature-controlled business needs, including food distribution and other refrigerated processes.
The property is offered for sale and features flexible lease configurations, with the landlord indicating a willingness to customize the layout for qualified tenants needing additional office space.
The current layout provides cold storage alongside usable flex improvements that can support a range of temperature-controlled business needs, including food distribution and other refrigerated processes.
Key Highlights
- Year built 2004 refrigerated flex warehouse in Boynton Beach
- Includes 2,027 SF total: 1,240 SF operational cold storage maintained at 34°F
- Additional 786 SF flex space with workshop plus private office and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,894
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,880
$657.9K
Cap Rate 7%
$469,914
$469.9K
Cap Rate 9%
$365,489
$365.5K
Market Conditions
NOI Build-Up for 3,047 SF
Gross rent
$49.7K $16.32/SF
− Vacancy
−$2.7K −$0.90/SF
EGI
$47.0K $15.42/SF
− OpEx
−$14.1K −$4.63/SF
NOI
$32.9K $10.80/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,880
Cap Rate 7%
$469,914
Cap Rate 9%
$365,489
Alternative Uses
Best Use
Flex RnD
$957.5K
$837.8K – $1.12M
NOI $67,022 @ 7.0% cap · market cap 239,364.29%
Second Best
Warehouse
$570.6K
$499.3K – $665.7K
NOI $39,943 @ 7.0% cap · market cap 142,653.57%
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,211 @ 7.0% cap · market cap 536,467.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Flex warehouse includes operational cold storage and a workshop with private office and restroom.
Where is this refrigerated & cold storage located?
The property is located at 3463 HIGH RIDGE Road Boynton Beach, FL.
What are key features of this property?
This property features: Year built 2004 refrigerated flex warehouse in Boynton Beach; Includes 2,027 SF total: 1,240 SF operational cold storage maintained at 34°F; Additional 786 SF flex space with workshop plus private office and restroom
