Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7030 Haverhill Rd Riviera Beach, FL 33407-1019

    • Manufacturing properties
    • 12,814 SF
    • 1.87 lot acres
    OFF-MARKET
    Last Sale
    Sep 05, 2024
    $5,700,000
    Value Estimations
    $5,700,000
    Show details
    Cap Rate Potential
    2.1%
    Manufacturing properties
    Location Intelligence
    Property ID
    US18-8476448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 7030 Haverhill Rd

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    1.87 lot acres
    Property size
    12,814 SF
    Zone code
    IG
    Property type
    Manufacturing properties
    APN
    56-42-42-26-00-000-5020
    APU
    56424226000005020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,700,000
      ML approach
      $5,700,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,618,000
      Market price range: $1.76M - $11.8M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,350,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $7,630,000
      Change: +43% Conversion: Difficult
      MEDICAL BUILDING
      $6,935,000
      Change: +30% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $6,595,000
      Change: +23% Conversion: Easy
      COMMERCIAL (GENERAL)
      $5,475,000
      Change: +2% Conversion: Difficult
      RETAIL STORES
      $5,315,000
      Change: -1% Conversion: Moderate
      WAREHOUSE, STORAGE
      $4,915,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1158
    Latitude
    26.7811
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,108
    $719,730
    $1,026,449
    $1,746,179
    -
    $719,730
    $1,026,449
    $1,746,179

    Comparable in this City

    • Value Estimation
      $2,955,000
      18,960 SF

      1501 53rd St

      MANUFACTURING (LIGHT) • 18,960 SF
      1501 53rd St, Mangonia Park, FL 33407-2210
      View Details
    • Value Estimation
      $3,140,000
      19,600 SF

      1480 53rd St

      MANUFACTURING (LIGHT) • 19,600 SF
      1480 53rd St, Mangonia Park, FL 33407-2209
      View Details
    • Value Estimation
      $975,000
      6,750 SF

      1360 53rd St

      MANUFACTURING (LIGHT) • 6,750 SF
      1360 53rd St, Mangonia Park, FL 33407-2263
      View Details
    • Value Estimation
      $2,725,000
      8,176 SF

      2625 Electronics Way

      MANUFACTURING (LIGHT) • 8,176 SF
      2625 Electronics Way, West Palm Beach, FL 33407-4606
      View Details
    • Value Estimation
      $2,155,000
      13,860 SF

      2656 Electronics Way

      MANUFACTURING (LIGHT) • 13,860 SF
      2656 Electronics Way, West Palm Beach, FL 33407-4607
      View Details
    • Value Estimation
      $4,635,000
      33,750 SF

      6667 White Dr

      MANUFACTURING (LIGHT) • 33,750 SF
      6667 White Dr, Riviera Beach, FL 33407-1236
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Freestanding Warehouse/Retail Building For Sale

      Versatile 5,500 SF building in West Palm Beach industrial area.
      900 25Th St, West Palm Beach, FL 33407
      View Details
    • Contact for pricing
      10,460 SF

      Industrial Warehouse with Office Space

      10,460 SF industrial building with office area for sale.
      1500 53Rd St, Mangonia Park, FL 33407
      View Details
    • $1,150,000
      3,500 SF

      Versatile Industrial Condo with Office

      2,500 SF ground floor plus 1,000 SF mezzanine.
      5401 N Haverhill Rd, West Palm Beach, FL 33407
      View Details
    • $1,150,000
      3,500 SF

      West Palm Beach Warehouse - $1.15M

      3,500 SF Warehouse, Ideal Owner-User
      5401 Haverhill Rd, West Palm Beach, FL 33407
      View Details
    • $7,000,000
      3.50 Acres

      West Palm Beach Industrial Land Investment

      3.5-acre vacant industrial lot, $7M.
      1208 West Ct, West Palm Beach, FL 33407
      View Details
    • Contact for pricing
      19,344 SF

      Renovated Class B Office Building

      Two-story office building with recent renovations and professional management.
      1720 East Tiffany Dr, West Palm Beach, FL 33407
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      66,760 SF

      Mangonia Commerce Center

      Life science properties • 66,760 SF
      1243 52Nd St, West Palm Beach, FL 33407
      View Details
    • Contact for pricing
      47,000 SF

      West Palm Beach Manufacturing Facility

      142,000-sf manufacturing/high technology facility in West Palm Beach.
      3301 Electronics Way, West Palm Beach, FL 33407
      View Details
    • Contact for pricing
      114,058 SF

      Mangonia Park Warehouse Spaces Available

      Industrial warehouses for rent, convenient location near I-95.
      5490 Dexter Way, Mangonia Park, FL 33407
      View Details
    • $42 SF/Yr
      1 SF

      West Palm Beach Industrial Land

      3.5-Acre Industrial Lot, Single Tenant
      1208 West Ct, West Palm Beach, FL 33407
      View Details
    • Contact for pricing
      3,200 SF

      Industrial Property with Fenced Yard

      Industrial property with warehouse, office space, and fenced yard.
      928 28Th St, West Palm Beach, FL 33407
      View Details
    • Contact for pricing

      Industrial Space Available For Lease

      Industrial property available for lease in Mangonia Park, Florida.
      1601 Hill Ave, Mangonia Park, FL 33407
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7030 Haverhill Rd
    Riviera Beach, FL 33407-1019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!