Flex Space with Warehouse
1000 STINSON Way #113, West Palm Beach, FL 33411
For Sale
Contact for pricing
Commercial unit combines office areas with loading access and elevated workspace.
Property Size1,295 SF
Price / SF$3.47
Days on Market96
Property Features for 1000 STINSON Way #113
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Zakary A Klinedinst · License FL #3487645
(561) 837-0032
Source:
Lehmannflorida
Added: Aug 6
Changed: Nov 8
Last Checked: Nov 8 at 5:44AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This flex space combines a reception area, two private offices, and a warehouse component within a single commercial unit. A rear roll-up garage door supports loading and deliveries, while the large second-story loft provides additional workspace or storage.
The property is located at 1000 Stinson Way 113 in West Palm Beach, Florida. Built in 2005, the unit offers a blend of office, warehouse, and loft areas suited to a range of commercial operations.
The property is located at 1000 Stinson Way 113 in West Palm Beach, Florida. Built in 2005, the unit offers a blend of office, warehouse, and loft areas suited to a range of commercial operations.
Key Highlights
- Reception area plus 2 private offices
- Warehouse area with rear roll‑up garage door
- Large second‑story loft for workspace or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,879
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,580
$237.6K
Cap Rate 7%
$169,700
$169.7K
Cap Rate 9%
$131,989
$132.0K
Market Conditions
NOI Build-Up for 1,295 SF
Gross rent
$18.6K $14.40/SF
− Vacancy
−$1.7K −$1.30/SF
EGI
$17.0K $13.10/SF
− OpEx
−$5.1K −$3.93/SF
NOI
$11.9K $9.17/SF
Area
West Palm Beach, FL
Vacancy
9.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,580
Cap Rate 7%
$169,700
Cap Rate 9%
$131,989
Alternative Uses
Best Use
Office B
$644.9K
$564.3K – $752.4K
NOI $45,142 @ 7.0% cap
Second Best
Warehouse
$206.1K
$180.3K – $240.4K
NOI $14,424 @ 7.0% cap
Theoretical Best
Office A
$912.0K
$798.0K – $1.06M
NOI $63,841 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33411, FL
74,206
Population
30,063
Households
2.5
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
34.9 sq mi
ZIP Area
2,126
Density / Sq Mi
$89,329
Median Household Income
$46,461
Median Earnings
$1,887
Median Rent
$400,900
Median Home Value
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Market
Average Price Trend$/SF for Flex space in West Palm Beach, FL
Properties on Market for Flex space in West Palm Beach
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial unit combines office areas with loading access and elevated workspace.
Where is this flex space located?
The property is located at 1000 STINSON Way #113 West Palm Beach, FL.
What are key features of this property?
This property features: Reception area plus 2 private offices; Warehouse area with rear roll‑up garage door; Large second‑story loft for workspace or storage
