Warehouse with Paint
427 S H St, Lake Worth, FL 33460
For Sale
Contact for pricing
The freestanding metal building has three-phase power, skylights and a paint booth.
Property Size2,400 SF
Lot Size0.08 Acres
Price / SF$281.25
Days on Market10
Property Features for 427 S H St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Drive-In Doors
Three-Phase Power
Additional Details
Asking Price
Property Use
Building Details
Buildings
Building Size
Construction
Listing Agency:
NAI Miami-Fort Lauderdale
Listed By:
Josh Kobrin · License FL CQ1074371
Source:
Crexi
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 12 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 NAI Miami-Fort Lauderdale
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Investment Insights
Based on property information with market context.
This freestanding metal warehouse contains 2,400 square feet and occupies a 3,398-square-foot lot. The metal building has 20-foot clear height, a 7-foot-by-7-foot drive-in door, three-phase power, skylights and a paint booth. The property is zoned AI.
Located at 427 S H St in Lake Worth Beach, Florida, the property is offered for sale.
Located at 427 S H St in Lake Worth Beach, Florida, the property is offered for sale.
Key Highlights
- 2,400‑square‑foot freestanding metal warehouse
- 3,398‑square‑foot lot with AI zoning
- 20‑foot clear height and a 7‑foot‑by‑7‑foot drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,846
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,920
$556.9K
Cap Rate 7%
$397,800
$397.8K
Cap Rate 9%
$309,400
$309.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$3.2K −$1.35/SF
EGI
$32.8K $13.65/SF
− OpEx
−$4.9K −$2.05/SF
NOI
$27.8K $11.60/SF
Area
Palm Beach County, FL
Vacancy
9.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,920
Cap Rate 7%
$397,800
Cap Rate 9%
$309,400
Alternative Uses
Best Use
Warehouse
$397.8K
$348.1K – $464.1K
NOI $27,846 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,315 @ 7.0% cap · market cap 17.53%
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
20 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,955
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33460, FL
36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Palm Beach County, FL
Properties on Market for Warehouses in Palm Beach County
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - The freestanding metal building has three-phase power, skylights and a paint booth.
Where is this warehouse located?
The property is located at 427 S H St Lake Worth, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,400‑square‑foot freestanding metal warehouse; 3,398‑square‑foot lot with AI zoning; 20‑foot clear height and a 7‑foot‑by‑7‑foot drive‑in door
