Warehouse Building for
824 NE 3rd Street Boynton Beach, FL 33435
824 NE 3rd Street, Boynton Beach, FL, 33435
$1,250,000
For Sale
$1,250,000
Warehouse building available for sale at 824 NE 3rd Street in Boynton Beach, Florida.
Property Size2,760 SF
Price / SF$452.90
Days on Market85
Property Features for 824 NE 3rd Street
General Information
- Standard status
- Active
- Size
- 2,760 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing agency
SERHANT
Listed by
JOHANNES BARTL · License #B26021774
Source
Corcoran
Added: Apr 29 Updated: Jul 20 at 4:50PM Checked: Jul 22 at 10:17AM
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 SERHANT
Investment Insights
Based on property information with market context.
This warehouse building is offered for sale as commercial real estate, with a total property size of 2,760 square feet.
The property is located at 824 NE 3rd Street in Boynton Beach, Florida. It is listed as a warehouse among the available property types, making it suitable for buyers seeking a compact industrial/commercial warehouse footprint.
All information provided is limited to the sale listing and property type/size. Interested parties should verify details related to existing improvements, condition, and layout during due diligence.
The property is located at 824 NE 3rd Street in Boynton Beach, Florida. It is listed as a warehouse among the available property types, making it suitable for buyers seeking a compact industrial/commercial warehouse footprint.
All information provided is limited to the sale listing and property type/size. Interested parties should verify details related to existing improvements, condition, and layout during due diligence.
Key Highlights
- Warehouse building for sale at 824 NE 3rd Street, Boynton Beach, Florida
- Built in 1974
Local 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 | $45.0k | $16.32 |
| − Vacancy | −$2.5k | −$0.90 |
| EGI | $42.6k | $15.42 |
| − OpEx | −$6.4k | −$2.31 |
| NOI | $36.2k | $13.11 |
2,760 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$516.9K
$452.3K – $603.0K
NOI $36,181 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $136,062 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Anywhere Mobile Auto ...
Auto Repair Shop
Jimmyjunkllc
Waste Management Facility
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FAQs
What type of property is this?
Warehouse - Warehouse building available for sale at 824 NE 3rd Street in Boynton Beach, Florida.
Where is this warehouse located?
The property is located at 824 NE 3rd Street Boynton Beach, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Warehouse building for sale at 824 NE 3rd Street, Boynton Beach, Florida; Built in 1974
