117 Miller Way Lake Park, FL 33403-3009
This exceptional commercial property, located at 117 Miller Way in West Palm Beach, Florida, 33403, presents a unique opportunity for businesses seeking a blend of modern office space and ample warehouse facilities. The complex comprises two buildings totaling 10,078 square feet, offering a single-tenant occupancy arrangement. The property features 4,078 square feet of newly constructed, high-quality office space, ideal for a variety of business needs. Complementing the office area is a substantial 6,000-square-foot warehouse, providing ample storage and operational space. This strategic location in Lake Park offers convenient access to major highways, ensuring seamless transportation and logistics. The supportive community environment fosters business growth and success, making this property an attractive investment for companies seeking a functional and well-situated base of operations. The property is classified as both Office and Industrial, with a Traditional Office and Warehouse subtype. This combined offering provides a versatile and efficient workspace, perfectly suited for businesses requiring both office and storage capabilities. The property's address is 117 Miller Way, West Palm Beach, FL 33403.
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial or light industrial district provides opportunities for employment in close proximity to higher population densities, thereby promoting walk…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CLIC · Lake Park, FLIt is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial or light industrial district provides opportunities for employment in close proximity to higher population densities, thereby promoting walk to work activity and reduced traffic congestion.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.