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    OFF-MARKET
    Industrial properties

    1105 Barnett Dr, Lake Worth Beach, FL 33461-2603

    7,450 SF 2.15 ac lot Built 1967
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US18-3775446
    Property summary
    AI-generated overview

    This exceptional flex/warehouse property at 1105-1107 Barnett Drive, Lake Worth Beach, FL 33461, offers 14,331 square feet on 2.16 acres. Built in 1967, the multi-tenant building provides convenient access to I-95 and is only 8 miles from the Florida Turnpike, ensuring excellent connectivity throughout Palm Beach County. The property boasts approximately 233,000 vehicles per day (VPD) on I-95 and 45,300 VPD on 10th Avenue, offering high visibility and potential customer reach. Units range from 1,823 to 5,042 square feet and feature desirable amenities including roll-up doors, open warehouse space, office workrooms, and 3-phase power. The strategic location in a thriving commercial corridor places the property near major businesses such as FedEx, Wayne Akers Ford, Walmart Supercenter, and other popular retailers. The property includes 15 total parking spaces. This location offers unparalleled access and visibility, making it ideal for businesses seeking operational efficiency and convenience in Central Palm Beach County. The property's versatile layout and prime location provide a significant opportunity for businesses seeking a strategic presence in this bustling area.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Year built 1967
    Construction CONCRETE
    Total area 7,450 SF
    Lot 2.15 ac (93,846 SF)
    Zoning code I-POC
    APN 38-43-44-21-02-005-0020
    UPID US18-3775446
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Final Electric Inc Electrical Service General Contractor
    • American Medical Response Ambulance Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    1105 Barnett Drive LLC · 5 yrs held
    1105 Barnett Drive LLC
    since 2021
    Last sale
    $265,000
    2 recorded transactions
    2021
    $2.9M
    1998
    $265,000
    Zoning & alternative use
    I-POC · Lake Worth Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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