West Palm Beach Flex
For Sale
Contact for pricing
925 S Military Trl, West Palm Beach, FL
Flex space property in West Palm Beach, Florida for sale.
Property Size15,000 SF
Lot Size5.61 Acres
Price / SF$319
Days on Market564
Property Features for 925 S Military Trl
General Information
Standard status
Active
Size
15,000 SF
Lot size
5.61 Acres
Property subtype
INDUSTRIAL
Listing Agency:
LRM Commercial Real Estate Advisors
(561) 400-7750
Listed By:
Mark Faeth · License #FL SL3523291
(561) 716-7819
Source:
Moodyscre
Added: Mar 28, 2025
Changed: Oct 9
Last Checked: Oct 11 at 8:28AM
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 LRM Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This property portfolio offers an investment opportunity with its strategically situated small bay property in West Palm Beach, Lake Florida. The property features a combined space of approximately 15,000 square feet. It offers a selection of rental units tailored to meet the needs of different tenants.
Key Highlights
- One‑of‑a‑kind investment opportunity
- Strategically situated in West Palm Beach, Lake Florida
- Small bay property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,420
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,400
$2.9M
Cap Rate 7%
$2,106,000
$2.1M
Cap Rate 9%
$1,638,000
$1.6M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$252.0K $16.80/SF
− Vacancy
−$25.2K −$1.68/SF
EGI
$226.8K $15.12/SF
− OpEx
−$79.4K −$5.29/SF
NOI
$147.4K $9.83/SF
Area
West Palm Beach, FL
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,400
Cap Rate 7%
$2,106,000
Cap Rate 9%
$1,638,000
Alternative Uses
Best Use
Flex RnD
$2.11M
$1.84M – $2.46M
NOI $147,420 @ 7.0% cap · market cap 3.07%
Second Best
Industrial
$1.97M
$1.72M – $2.29M
NOI $137,592 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$10.56M
$9.24M – $12.32M
NOI $739,469 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Flex space property in West Palm Beach, Florida for sale.
Where is this industrial property located?
The property is located at 925 S Military Trl West Palm Beach, FL.
What is the asking price?
The asking price for this property is $4,799,999.
What are key features of this property?
This property features: One‑of‑a‑kind investment opportunity; Strategically situated in West Palm Beach, Lake Florida; Small bay property
