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1233 Old Dixie Hwy
Lake Park, FL 33403 West Palm Beach

$5,250,000 USD

Warehouse For Sale  •  30,750 SF

Property Details

• Property Type Warehouse
• Total Building Size 30,750 SF
• Lot Size 2 AC
• Building Class C
• Year Built 1974
• Cap Rate 5.78 %
• Tenancy Multiple
• Zoning C4 - Business District

20 Transit Score

60 Walk Score

Highlights

Rare, small bay industrial complex

Tremendous upside to increase rents

Direct frontage on Old Dixie Highway

Property Flyers

1233 Old Dixie Package 040726

Financial Summary (Actual)

Net Operating Income: $299,594 USD (2024)

Cap Rate:	5.78 %
Total Expenses:	$190,506 USD

Amenities

• Signage
• Shallow Bay
• Storage Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
Mangonia Park (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	8 min	-	3.8 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	14 min	-	7.1 mi
Airport	Drive	Walk	Distance
Palm Beach International	21 min	-	13.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	45
Type:	Surface
Included in Rent:	Yes