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4400 CHARLOTTE Street #B, Lake Worth, FL 33461

A separate office, private restroom, and front and rear entry doors complement the warehouse area.

Property Size1,176 SF
Price / SF$2.72
Days on Market5

Property Features for 4400 CHARLOTTE Street #B

General Information

Standard status Active
Size 1,176 SF
Property subtype Business

Additional Details

Warehouse Space 864 SF
Property Use Warehouse

Amenities

private bathroom

Building Details

Year Built 1990
Listing Agency: Front Porch Real Estate, Inc.
Listed By: Christina Renee Chirino · License #3278456
Source: Lehmannflorida
Added: Oct 24 Changed: Oct 26 Last Checked: Oct 28 at 6:52AM

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 Front Porch Real Estate, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This warehouse space includes a separate office and private bathroom, with standard entry doors at both the front and rear. The warehouse measures approximately 24 feet by 36 feet and has a 14-foot garage door opening for loading access. Improvements include new air conditioning, accordion hurricane shutters, a freshly painted interior, and refinished warehouse flooring.

The property was built in 1990. Water and sewer service, along with CAM, are included in the rent. Any use is subject to zoning and building management approval.

Key Highlights

  • Approximately 24' x 36' warehouse area
  • 14‑foot garage door opening
  • Separate office and private bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,416
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,320 $308.3K
Cap Rate 7%
$220,229 $220.2K
Cap Rate 9%
$171,289 $171.3K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$19.2K $16.32/SF
− Vacancy
−$1.1K −$0.90/SF
EGI
$18.1K $15.42/SF
− OpEx
−$2.7K −$2.31/SF
NOI
$15.4K $13.11/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,320
Cap Rate 7%
$220,229
Cap Rate 9%
$171,289

Alternative Uses

Best Use
Warehouse
$220.2K
$192.7K – $256.9K (±1% cap)
NOI $15,416 @ 7.0% cap · market cap 481.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$828.2K
$724.7K – $966.2K (±1% cap)
NOI $57,974 @ 7.0% cap · market cap 1,811.69%
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

The Area Group Home Decor Store Robert Dunn Signs (Bike/Boat/Book/etc) Store a2mservicesandmore Interior Design CSI Cooling Specialists, ... Hardware & Home Improvement Ashley's Performing Arts ... Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33461, FL

47,161
Population
18,095
Households
2.6
Avg Household Size
36
Median Age
17%
College-Educated
75%
High-School Grad
7.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$61,218
Median Household Income
$31,503
Median Earnings
$1,615
Median Rent
$263,400
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Lake Worth Storage — 4166 S Military Trl, Lake Worth Beach, FL 33463

Frequently Asked Questions

What type of property is this?
Warehouse - A separate office, private restroom, and front and rear entry doors complement the warehouse area.
Where is this warehouse located?
The property is located at 4400 CHARLOTTE Street #B Lake Worth, FL.
What are key features of this property?
This property features: Approximately 24' x 36' warehouse area; 14‑foot garage door opening; Separate office and private bathroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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