Industrial Flex Property with
For Sale
Under Contract
$5,950,000
6861 Garden Road, Riviera Beach, FL 33404
Commercial Sale, Riviera Beach, FL
Property Size16,025 SF
Lot Size147.00 Acres
Price / SF$371.29
Days on Market238
Property Features for 6861 Garden Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IG(cit
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Security features
Security System
Directions
BLUE HERON BLVD TO GARDEN ROAD SOUTH TO PROPERTY. PROPERTY ON THE CORNER OF GARDEN ROAD AND INTERSTATE PARK RD N
Subdivision
5290
Standard status
Active Under Contract
APN
56434231000003070
Size
16,025 SF
Lot size
147.00 Acres
Additional Details
Property Use
Industrial
Condition
Built-Out
Taxes and HOA fees
Tax Year
2025
Tax Description
31-42-43~ S 440 FT OF N 1050 FT OF E 306.78 FT OF WLY 2262 FT OF NW 1/4 IN OR2260P1825 (LESS N 50 FT OF E 70 FT & PL 1 A
Tax Annual Amount
45017
Legal Description
31-42-43~ S 440 FT OF N 1050 FT OF E 306.78 FT OF WLY 2262 FT OF NW 1/4 IN OR2260P1825 (LESS N 50 FT OF E 70 FT & PL 1 A
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
lobby
conference rooms
kitchen facilities
storage spaces
workstations
secured lot
Building Details
Year built
1988
Floors in Building
2
Number of units
1
Flooring type
Concrete
Roof type
Metal
Buildings
1
Listing Agency:
Keller Williams Realty Jupiter
(561) 427-6100
Listed By:
Kim Cuomo · License #0662253
(561) 339-3002
Added: Mar 3
Changed: Oct 27
Last Checked: Oct 27 at 7:06AM
MLS# R11168466
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 16,025-square-foot flex facility on 1.47 acres includes more than 5,000 square feet of built-out office area and 10,000 square feet of warehouse space. The office component includes more than 12 offices, storage areas, workstations, a lobby, conference rooms, kitchen facilities, and four bathrooms. Warehouse improvements include four overhead doors, a loading dock, 22-foot clear height, concrete flooring, fire sprinklers, impact windows and doors, and heavy three-phase power. The property also has central air, a metal roof, public water, and public sewer.
The corner-lot site is located at 6861 Garden Road in Riviera Beach, with access from Blue Heron Boulevard. Garden Road carries more than 10,000 vehicles per day, while Blue Heron Boulevard carries more than 55,000 vehicles per day. The secured lot provides additional outdoor storage capacity.
The corner-lot site is located at 6861 Garden Road in Riviera Beach, with access from Blue Heron Boulevard. Garden Road carries more than 10,000 vehicles per day, while Blue Heron Boulevard carries more than 55,000 vehicles per day. The secured lot provides additional outdoor storage capacity.
Key Highlights
- 16,025 square feet on a 1.47‑acre site
- More than 5,000 square feet of built‑out office space with over 12 offices
- 10,000‑square‑foot warehouse with 4 overhead doors and a loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$424,743
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,494,860
$8.5M
Cap Rate 7%
$6,067,757
$6.1M
Cap Rate 9%
$4,719,367
$4.7M
Market Conditions
NOI Build-Up for 16,025 SF
Gross rent
$730.7K $45.60/SF
− Vacancy
−$164.4K −$10.26/SF
EGI
$566.3K $35.34/SF
− OpEx
−$141.6K −$8.84/SF
NOI
$424.7K $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%
$8,494,860
Cap Rate 7%
$6,067,757
Cap Rate 9%
$4,719,367
Alternative Uses
Best Use
Office B
$6.07M
$5.31M – $7.08M
NOI $424,743 @ 7.0% cap · market cap 7.14%
Second Best
Flex RnD
$5.04M
$4.41M – $5.87M
NOI $352,486 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$11.29M
$9.87M – $13.17M
NOI $789,999 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
22 ft
Clear height
Yes
Heavy power
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33404, FL
31,869
Population
15,990
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
87%
High-School Grad
7.3 sq mi
ZIP Area
4,366
Density / Sq Mi
$60,225
Median Household Income
$35,521
Median Earnings
$1,507
Median Rent
$305,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Corner-lot facility combines professional offices with warehouse space and secured outdoor storage.
Where is this flex space located?
The property is located at 6861 Garden Road Riviera Beach, FL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 16,025 square feet on a 1.47‑acre site; More than 5,000 square feet of built‑out office space with over 12 offices; 10,000‑square‑foot warehouse with 4 overhead doors and a loading dock
