Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6903-6917-6931 Vis Pkwy West Palm Beach, FL 33411

    • Warehouses
    • 24,062 SF
    • 2.12 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 0 6903-6917-6931 Vis Pkwy

    Year built
    2006
    Lot size
    2.12 lot acres
    Property size
    24,062 SF
    Property type
    Warehouses
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional Class A warehouse space, located within the prestigious Vista Business Park in West Palm Beach, Florida, presents a unique investment opportunity. The property, situated at 6903-6917-6931 Vista Parkway, boasts a total of 24,062 square feet on a 2.12-acre lot. Built in 2006, the concrete block structure features a corporate aesthetic enhanced by lush landscaping. The building offers both grade-level front entry and rear loading capabilities, providing efficient and convenient access for distribution operations. Three individual suites are currently available, ranging in size from 2,304 to 3,298 square feet, making it suitable for a variety of businesses. The high ceilings, measuring 18 feet, provide ample vertical space for storage and operations. Its prime location at the corner of Jog Road and Vista Parkway offers quick access to the Florida Turnpike, ensuring seamless connectivity throughout the region. This property is ideal for businesses seeking a modern, well-maintained warehouse space in a thriving Palm Beach County distribution market. The property is classified as both Office and Industrial, and is of the Warehouse, Distribution, and Traditional subtypes. The property is located in Palm Beach County, Florida, zip code 33411.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1492
    Latitude
    26.7213

    Comparable in this City

    • Value Estimation by Request
      6,900 SF

      581 105Th Ave

      Distribution properties • 6,900 SF
      581 105Th Ave, Royal Palm Beach, FL 33411
      View Details
    • Value Estimation by Request
      128,550 SF

      Aldi Way

      Distribution properties • 128,550 SF
      0 Aldi Way, Royal Palm Beach, FL 33411
      View Details
    • Value Estimation by Request
      4,320 SF

      7641-7673 Hooper Rd

      Distribution properties • 4,320 SF
      7641-7673 Hooper Rd, West Palm Beach, FL 33411
      View Details
    • Value Estimation by Request
      12,200 SF

      8060-8140 Belvedere Rd

      Flex space • 12,200 SF
      8060-8140 Belvedere Rd, West Palm Beach, FL 33411
      View Details
    • Value Estimation
      $425,000
      5,760 SF

      585 105th N Ave, Unit 17

      DISTRIBUTION WAREHOUSE • 5,760 SF
      585 105th N Ave, Royal Palm Beach, FL 33411-4331
      View Details
    • Value Estimation
      $760,000
      1.00 Acre

      2721 Vis Pkwy Ste, Unit 9

      DISTRIBUTION WAREHOUSE • 1.00 Acre
      2721 Vis Pkwy Ste, West Palm Beach, FL 33411-2731
      View Details

    Similar Nearby for Sale

    • $369,000
      1,250 SF

      West Palm Beach Commercial Condo

      Warehouse with private office in well-maintained commercial plaza.
      9020 Bellhurst Way, West Palm Beach, FL 33411
      View Details
    • $421,000

      Royal Palm Beach Office Building

      Profitable Medical/Executive Office in Florida
      1141 Royal Palm Blvd, Royal Palm Beach, FL 33411
      View Details
    • $435,000
      1,248 SF

      New Commercial Space Near SR7

      Vanilla shell space ideal for office or light industrial use.
      9100 Belvedere Rd, West Palm Beach, FL 33411
      View Details
    • Contact for pricing
      1.36 Acres

      Prime Royal Palm Beach Retail Land

      1.36 Acres, High Traffic, Vacant Lot
      151 State Rd 7, West Palm Beach, FL 33411
      View Details
    • $82,500

      Thriving House Cleaning Business

      Established Palm Beach Cleaning Service - $82,500
      412 Rainbow Spg Ter, Royal Palm Beach, FL 33411
      View Details
    • $6,700,000
      3,267 SF

      High-Yield Raising Cane's NNN Lease

      Florida QSR Investment, Strong ROI
      100 State Road 7, Royal Palm Beach, FL 33411
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime 15-Acre West Palm Beach Warehouse

      15-Acre Industrial Parcel, Excellent Location, Unique Zoning
      375 Kelly Dr, West Palm Beach, FL 33411
      View Details
    • $2,650 /Mo
      1,301 SF

      West Palm Beach Industrial/Office Condo

      Unique 1301 SF condo in industrial park, West Palm Beach.
      1000 Stinson Way, West Palm Beach, FL 33411
      View Details
    • $29 SF/Yr
      11,398 SF

      Updated Industrial Space Available

      Flexible industrial space with office and warehouse components for lease.
      999 Stinson Way, West Palm Beach, FL 33411
      View Details
    • $3,000 /Mo

      Flex Space with Warehouse

      Flex space featuring office, warehouse, and mezzanine areas.
      9150 Belvedere Rd, West Palm Beach, FL 33411
      View Details
    • $25 SF/Yr
      1,248 SF

      Royal Palm Beach Commercial Space

      1,248 sq ft commercial space in high-traffic area.
      9100 Belvedere Rd, West Palm Beach, FL 33411
      View Details
    • $2,650 /Mo
      1,306 SF

      West Palm Beach Warehouse Condo

      Versatile warehouse with office, elevator access, and gated security.
      2755 Vista Pkwy, West Palm Beach, FL 33411
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6903-6917-6931 Vis Pkwy
    West Palm Beach, FL 33411
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.