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Professional Office Unit
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3975 Isles View Dr, Wellington, FL

Professional office space positioned in Wellington’s established commercial environment.

Property Size1,300 SF
Price / SF$19.23
Days on Market1381

Property Features for 3975 Isles View Dr

General Information

Standard status Active
Size 1,300 SF
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $60,798
Listing Agency: Polo Park Realty
Listed By: Bob Harder
Source: Exprealty
Added: Jan 16, 2023 Changed: Oct 26 Last Checked: Oct 26 at 8:59PM

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 Polo Park Realty

Rey
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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 professional office unit offers 1,300 square feet of commercial workspace at 3975 Isles View Dr in Wellington, Florida. The property is presented for sale and is classified as an office unit, providing a focused setting for professional business operations.

Key Highlights

  • 1,300 square feet of professional office space
  • Located at 3975 Isles View Dr, Wellington, FL
  • Offered for sale as an office unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,457
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,140 $689.1K
Cap Rate 7%
$492,243 $492.2K
Cap Rate 9%
$382,856 $382.9K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$59.3K $45.60/SF
− Vacancy
−$13.3K −$10.26/SF
EGI
$45.9K $35.34/SF
− OpEx
−$11.5K −$8.84/SF
NOI
$34.5K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,140
Cap Rate 7%
$492,243
Cap Rate 9%
$382,856

Alternative Uses

Best Use
Office B
$492.2K
$430.7K – $574.3K (±1% cap)
NOI $34,457 @ 7.0% cap · market cap 137.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$915.5K
$801.1K – $1.07M (±1% cap)
NOI $64,087 @ 7.0% cap · market cap 256.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Dental Office Restaurant Auto Parts Store Building Supply Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Professional office space positioned in Wellington’s established commercial environment.
Where is this office unit located?
The property is located at 3975 Isles View Dr Wellington, FL.
What are key features of this property?
This property features: 1,300 square feet of professional office space; Located at 3975 Isles View Dr, Wellington, FL; Offered for sale as an office unit
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Includes: Price & PSF · Cap rate · Location · Zoning

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