Turnkey Office-Warehouse Flex
New
For Sale
$435,000
2755 VISTA PARKWAY #I-2, West Palm Beach, FL 33411
Renovated two-level office with private bathroom over a first-floor warehouse with front entry and large roll-up door.
Property Size1,306 SF
Price / SF$333.08
Days on Market7
Property Features for 2755 VISTA PARKWAY #I-2
General Information
Standard status
Active
Size
1,306 SF
Elevators
Yes
Property subtype
Business
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Floor
1-2
Amenities
fuel station
car wash
security cameras
Building Details
Year Built
2005
Listing Agency:
WRA BUSINESS & REAL ESTATE
(407) 512-1008
Listed By:
Vinny Apolinario · License #3270041
Source:
Dennisrealty
Added: Jul 26
Changed: Jul 29
Last Checked: Jul 31 at 6:06AM
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 WRA BUSINESS & REAL ESTATE
Investment Insights
Based on property information with market context.
This turnkey flex unit combines office space and warehouse space within a single two-story layout. The office area is located on the second floor and includes a built-out lobby, an office, and a bathroom. A building elevator provides access and opens in front of the office door. The first-floor warehouse features a front entry and a large roll-up door on the backside, with internal stairs connecting the warehouse up to the office.
The unit is located within Vista Pkwy, a well-maintained fenced park with security cameras. The complex offers ample parking and includes on-site amenities such as a fuel station and a car wash. The property also provides easy access to the Turnpike and I-95.
On-site setting includes fenced grounds and monitoring, supporting everyday access for employees, deliveries, and visitors. The combination of upgraded finishes in the office and direct warehouse loading makes the space suited for businesses needing both administrative and operational functions in one facility.
The unit is located within Vista Pkwy, a well-maintained fenced park with security cameras. The complex offers ample parking and includes on-site amenities such as a fuel station and a car wash. The property also provides easy access to the Turnpike and I-95.
On-site setting includes fenced grounds and monitoring, supporting everyday access for employees, deliveries, and visitors. The combination of upgraded finishes in the office and direct warehouse loading makes the space suited for businesses needing both administrative and operational functions in one facility.
Key Highlights
- 2005‑built, renovated two‑level office/warehouse combo with an office built out on the second floor
- Second‑floor office includes a lobby, office space, and private bathroom; elevator opens in front of the office door
- First‑floor warehouse features a front entry and a large roll‑up door on the backside
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.8k | $14.40 |
| − Vacancy | −$1.7k | −$1.30 |
| EGI | $17.1k | $13.10 |
| − OpEx | −$2.6k | −$1.97 |
| NOI | $14.5k | $11.14 |
1,306 SF · lease $14.40/SF/yr · vacancy 9.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$650.4K
$569.1K – $758.8K
NOI $45,526 @ 7.0% cap · market cap 10.47%
Second Best
Warehouse
$207.8K
$181.8K – $242.5K
NOI $14,547 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$919.8K
$804.8K – $1.07M
NOI $64,383 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated two-level office with private bathroom over a first-floor warehouse with front entry and large roll-up door.
Where is this flex space located?
The property is located at 2755 VISTA PARKWAY #I-2 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2005‑built, renovated two‑level office/warehouse combo with an office built out on the second floor; Second‑floor office includes a lobby, office space, and private bathroom; elevator opens in front of the office door; First‑floor warehouse features a front entry and a large roll‑up door on the backside
