Air-Conditioned Warehouse with Overhead
4299 SW High Meadow Ave Palm City, FL 34990
For Sale
Contact for pricing
Wide-open, fully air-conditioned warehouse with epoxy floors, an 18' ceiling, and a 10' x 14' electric overhead door.
Property Size1,840 SF
Price / SF$279.89
Days on Market35
Property Features for 4299 SW High Meadow Ave
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 2006
Listing Agency:
Florida Commercial Enterprises
(772) 263-1130
Listed By:
Alex Aydelotte · License #BK662112
Source:
Crexi
Added: Jun 19
Changed: Jul 23
Last Checked: Jul 23 at 6:29AM
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
Investment Insights
Based on property information with market context.
This wide-open, fully air-conditioned warehouse offers extra-clean interior condition with epoxy-coated concrete floors and an open 18’ ceiling height. The space includes a restroom and a 10’ x 14’ electric overhead door for convenient loading and access. Concrete block construction with accordion hurricane shutters supports durability, and the unit also provides ample on-site parking.
The property is located in the Palm City Business Park on High Meadow Avenue, with rear frontage on Florida’s Turnpike. Access is close and convenient to both I-95 and Florida’s Turnpike, with easy ingress/egress within the well-maintained complex.
The warehouse may also be purchased together with the adjacent 1,500 sf Unit (#4301), which features a combination of office, loft space, and warehouse area. Call the listing broker to schedule a tour.
The property is located in the Palm City Business Park on High Meadow Avenue, with rear frontage on Florida’s Turnpike. Access is close and convenient to both I-95 and Florida’s Turnpike, with easy ingress/egress within the well-maintained complex.
The warehouse may also be purchased together with the adjacent 1,500 sf Unit (#4301), which features a combination of office, loft space, and warehouse area. Call the listing broker to schedule a tour.
Key Highlights
- Fully air‑conditioned warehouse in the Palm City Business Park, built in 2006
- Epoxy coated concrete floors and wide‑open interior layout
- 18' ceiling height for warehouse storage and operations
Financial Insights For Warehouse
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 | $37.1k | $20.16 |
| − Vacancy | −$2.1k | −$1.13 |
| EGI | $35.0k | $19.03 |
| − OpEx | −$5.3k | −$2.85 |
| NOI | $29.8k | $16.18 |
1,840 SF · lease $20.16/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$425.2K
$372.1K – $496.1K
NOI $29,765 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$483.4K
$423.0K – $564.0K
NOI $33,837 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- CubeSmart Self Storage — 3501 SW Martin Downs Blvd, Palm City, FL 34990
- iStorage — 4125 SW Martin Hwy, Palm City, FL 34990
- Palm City Storage Inc — 4175 SW Martin Hwy, Palm City, FL 34990
- Martin County Movers — 3833 SW Bruner Terrace, Palm City, FL 34990
FAQs
What type of property is this?
Warehouse - Wide-open, fully air-conditioned warehouse with epoxy floors, an 18' ceiling, and a 10' x 14' electric overhead door.
Where is this warehouse located?
The property is located at 4299 SW High Meadow Ave Palm City, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Fully air‑conditioned warehouse in the Palm City Business Park, built in 2006; Epoxy coated concrete floors and wide‑open interior layout; 18' ceiling height for warehouse storage and operations
