Turnkey Office-Warehouse Flex
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 Market97
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
(407) 371-2227
Source:
Dennisrealty
Added: Jul 26
Changed: Oct 29
Last Checked: Oct 28 at 8:13AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$14,547
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,940
$290.9K
Cap Rate 7%
$207,814
$207.8K
Cap Rate 9%
$161,633
$161.6K
Market Conditions
NOI Build-Up for 1,306 SF
Gross rent
$18.8K $14.40/SF
− Vacancy
−$1.7K −$1.30/SF
EGI
$17.1K $13.10/SF
− OpEx
−$2.6K −$1.97/SF
NOI
$14.5K $11.14/SF
Area
West Palm Beach, FL
Vacancy
9.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,940
Cap Rate 7%
$207,814
Cap Rate 9%
$161,633
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.
How Realmo checks its estimates
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
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
