Air-Conditioned Flex
For Sale
Contact for pricing
1655 Donna Road #45, West Palm Beach, FL 33409
Light-industrial unit with dedicated offices, warehouse capacity, and round-the-clock access.
Property Size1,500 SF
Price / SF$2.03
Days on Market50
Property Features for 1655 Donna Road #45
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
8
Property subtype
Industrial
Additional Details
Drive-In Doors
3
Amenities
4.41 acres, Industrial Park, Near Airport, 4 To Less Than 5 Acre Lot
Mixed, Various Material(S) Roof
Public Sewer, Public Sanitation, Sewer
Parcel Number: 00434329000003940, Annual Amount: $164,040, Legal Description: 29-43-43~ SLY 660 FT OF NLY 880 FT OF WLY 383.28 FT OF ELY 1251.95 FT OF NW 1/4 LYG S OF OLD OKEECHOBEE RD (LESS SLY 130 FT OF NLY 350 FT OF, Year: 2025, Zoning: IL
Concrete
Wall/Window Unit(s)
Listing ID: B26076271, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-09-15, Special Conditions: Lease
8 total parking spaces, Assigned, Free Parking, Limited # Of Vehicle, No Rv/Boats
Built in 1972, Year Built Details: Newly Updated/Renovated, Living area units: Square Feet, 1 building, 1 storey, Construction Materials: Concrete Block Construction
County/Parish: Palm Beach County
Substantially Remodeled, Updated/Remodeled, Completely Renovated, Leasable area: 1500, Leasable area units: Square Feet
Electricity Available, Sewer Available, Water Available, Water Source: Public, 100 Amp Service, 110 Volts Power, 220 Volts, 220 Volt
Rental Agreement
Sewer, Trash Collection, Water
Frontage Type: Private Road
No Fire Protection, No Security
Building Details
Year Built
1972
Listing Agency:
Florida Capital Realty
(786) 953-5870
Listed By:
Hannah Cain · License #3643806
(561) 679-5115
Source:
Riserealty
Added: Sep 15
Changed: Nov 1
Last Checked: Nov 1 at 5:40AM
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 Florida Capital Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,500-square-foot flex unit combines two air-conditioned offices with a private restroom and substantial warehouse space. Three 10-by-10 bay doors provide loading access, while the front office includes a street-facing window. Exterior parking accommodates 8–9 vehicles.
The property is within a light-industrial complex located minutes from DJT International Airport and I95. On-site management and 24-hour access support flexible operating schedules. County restrictions prohibit auto dealerships, and management rules prohibit auto mechanics.
The property is within a light-industrial complex located minutes from DJT International Airport and I95. On-site management and 24-hour access support flexible operating schedules. County restrictions prohibit auto dealerships, and management rules prohibit auto mechanics.
Key Highlights
- 1,500 SF flex unit with office and warehouse areas
- Two air‑conditioned offices and a private bathroom
- Three 10‑by‑10 bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,759
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,180
$275.2K
Cap Rate 7%
$196,557
$196.6K
Cap Rate 9%
$152,878
$152.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$21.6K $14.40/SF
− Vacancy
−$1.9K −$1.30/SF
EGI
$19.7K $13.10/SF
− OpEx
−$5.9K −$3.93/SF
NOI
$13.8K $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%
$275,180
Cap Rate 7%
$196,557
Cap Rate 9%
$152,878
Alternative Uses
Best Use
Warehouse
$238.7K
$208.9K – $278.5K
NOI $16,708 @ 7.0% cap · market cap 547.80%
Second Best
Flex RnD
$210.6K
$184.3K – $245.7K
NOI $14,742 @ 7.0% cap · market cap 483.34%
Theoretical Best
Office A
$1.06M
$924.3K – $1.23M
NOI $73,947 @ 7.0% cap · market cap 2,424.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33409, FL
33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- La Bayamesa - Food Truck — 1541 Belvedere Rd, West Palm Beach, FL 33401
- Simply Foods — 1253 Old Okeechobee Rd B9, West Palm Beach, FL 33401
- Gourmet Galaxy — 1705 Donna Rd #5, West Palm Beach, FL 33409
- Personal Chef Zsolt LLC — 505 Spencer Dr, West Palm Beach, FL 33409
Frequently Asked Questions
What type of property is this?
Flex space - Light-industrial unit with dedicated offices, warehouse capacity, and round-the-clock access.
Where is this flex space located?
The property is located at 1655 Donna Road #45 West Palm Beach, FL.
What are key features of this property?
This property features: 1,500 SF flex unit with office and warehouse areas; Two air‑conditioned offices and a private bathroom; Three 10‑by‑10 bay doors
