Single-Story Office
For Sale
Contact for pricing
3896 Burns Road, Palm Beach Gardens, FL 33410
Five-suite commercial property with owner-user or tenant availability and separate electrical and HVAC systems for each suite.
Property Size6,000 SF
Price / SF$541.67
Days on Market97
Property Features for 3896 Burns Road
General Information
Standard status
Active
Size
6,000 SF
Class
C
Property subtype
Office, Mixed Use
Occupancy
63%
Additional Details
Office Units
5
Building Details
Year Built
1968
Year Renovated
2019
Buildings
1
Stories
1
Units
5
Tenancy
Multi
Listing Agency:
Reichel Realty & Investments Inc
Listed By:
William Reichel · License #FL
(561) 478-4440
Source:
Crexi
Added: Jul 29
Changed: Oct 26
Last Checked: Nov 1 at 5:32AM
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 Reichel Realty & Investments Inc
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 approximately 6,000-square-foot office building was constructed as a single-story, five-suite commercial property. Suites 101, 102, and 103 together provide approximately 3,781 square feet for an owner-user or incoming tenant arrangements. Each suite has its own electrical service and HVAC, while impact glass is installed throughout the building. A roof system was added in 2019.
The property occupies the southeast corner of Burns Road and Riverside Drive in Palm Beach Gardens. Palm Beach Gardens government offices, along with fire and police stations, are approximately 1 mile west along Burns Road and Military Trail. The Gardens Logistical Facility is positioned east of the property.
The property occupies the southeast corner of Burns Road and Riverside Drive in Palm Beach Gardens. Palm Beach Gardens government offices, along with fire and police stations, are approximately 1 mile west along Burns Road and Military Trail. The Gardens Logistical Facility is positioned east of the property.
Key Highlights
- Approximately 6,000 SF single‑story office building
- Five suites with approximately 3,781 SF across Suites 101, 102 and 103
- Suites 101, 102 and 103 available for an owner‑user or new tenant(s)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,030
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,180,600
$3.2M
Cap Rate 7%
$2,271,857
$2.3M
Cap Rate 9%
$1,767,000
$1.8M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$273.6K $45.60/SF
− Vacancy
−$61.6K −$10.26/SF
EGI
$212.0K $35.34/SF
− OpEx
−$53.0K −$8.84/SF
NOI
$159.0K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,180,600
Cap Rate 7%
$2,271,857
Cap Rate 9%
$1,767,000
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $159,030 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,788 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
1,556
Businesses Nearby
Explore this area
Business Placement
Demographics for 33410, FL
35,946
Population
17,830
Households
2
Avg Household Size
47
Median Age
47%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
3,153
Density / Sq Mi
$96,059
Median Household Income
$47,169
Median Earnings
$2,193
Median Rent
$469,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Five-suite commercial property with owner-user or tenant availability and separate electrical and HVAC systems for each suite.
Where is this office building located?
The property is located at 3896 Burns Road Palm Beach Gardens, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Approximately 6,000 SF single‑story office building; Five suites with approximately 3,781 SF across Suites 101, 102 and 103; Suites 101, 102 and 103 available for an owner‑user or new tenant(s)
