Flex Space with
4283 Southwest High Meadow Avenue, Palm City, FL 34990
For Sale
Contact for pricing
Office, reception, restroom, and warehouse areas accommodate administrative work alongside storage operations.
Property Size1,498 SF
Price / SF$283.71
Days on Market30
Property Features for 4283 Southwest High Meadow Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Listing Agency:
Florida Commercial Enterprises
Listed By:
Albert Brown · License FL #3072206
(772) 631-7989
Source:
Crexi
Added: Oct 11
Changed: Nov 8
Last Checked: Nov 8 at 4:12PM
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 Florida Commercial Enterprises
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Investment Insights
Based on property information with market context.
This 1,498-square-foot flex unit combines a private office, reception area, restroom, and open warehouse. A 12-foot-by-14-foot roll-up door serves the warehouse, while an upstairs mezzanine adds storage space.
Key Highlights
- 1,498‑square‑foot flex unit
- Private office, reception area, restroom, and open warehouse
- 12' x 14' roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,232
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,640
$484.6K
Cap Rate 7%
$346,171
$346.2K
Cap Rate 9%
$269,244
$269.2K
Market Conditions
NOI Build-Up for 1,498 SF
Gross rent
$30.2K $20.16/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$28.5K $19.03/SF
− OpEx
−$4.3K −$2.85/SF
NOI
$24.2K $16.18/SF
Area
Martin County, FL
Vacancy
5.60%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,640
Cap Rate 7%
$346,171
Cap Rate 9%
$269,244
Alternative Uses
Best Use
Warehouse
$346.2K
$302.9K – $403.9K
NOI $24,232 @ 7.0% cap · market cap 5.70%
Second Best
Industrial
$285.1K
$249.5K – $332.6K
NOI $19,956 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$430.4K
$376.6K – $502.1K
NOI $30,128 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 34990, FL
31,160
Population
13,641
Households
2.3
Avg Household Size
51
Median Age
49%
College-Educated
97%
High-School Grad
103.0 sq mi
ZIP Area
303
Density / Sq Mi
$120,407
Median Household Income
$56,905
Median Earnings
$1,958
Median Rent
$558,300
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Martin County, FL
Properties on Market for Flex space in Martin County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office, reception, restroom, and warehouse areas accommodate administrative work alongside storage operations.
Where is this flex space located?
The property is located at 4283 Southwest High Meadow Avenue Palm City, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,498‑square‑foot flex unit; Private office, reception area, restroom, and open warehouse; 12' x 14' roll‑up door
