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Financial
Distress signals
Property profile

2005 Vista Pkwy West Palm Beach, FL 33411

FOR LEASE
Office buildings
Property ID
US19-0752595
22,338 SF 4 ac lot Built 2003
Last sale Aug 2022 · $10,430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 2005 Vista Parkway, West Palm Beach, FL 33411 consists of office space positioned at the entrance of a business park, with Okeechobee Boulevard frontage. It is equipped with impact-resistant windows and offers both free, assigned covered parking and free surface parking. The site provides convenient access to the Florida Turnpike and is located near amenities including restaurants, lodging, banking, and shopping.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$162k
Tax billed · 2023
Assessed value$8.61M
Assessed land$2.35M
Assessed improvement$6.26M
Effective rate1.88%

Value estimate

· Oct 2026
$11.35M
$10.21M – $12.48M
AI approach$9.93M
CAP approach$12.78M
Submarket $/SF estimate$10.54M
NOI build-up
Gross scheduled income$438k
Vacancy & credit loss−$69k
Operating expenses−$92k
NOI · 1,382,150.00% cap applied$276k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$209 – $472

Cap rate analysis

How does the asset earn?
1,382,150.00%
$276k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PIPD
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office31.2
Restaurant26.5
Spa & Massage22.3

Location

2005 Vista Pkwy West Palm Beach, FL 33411
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8146 Okeechobee, West Palm Beach, FL 33411-2001 $18,000,000 Apr 2025 13,371 SF
8170 Okeechobee, West Palm Beach, FL 33411-2156 $18,000,000 Apr 2025 12,096 SF
8136 Okeechobee, West Palm Beach, FL 33411-2002 $18,000,000 Apr 2025 3,922 SF
1635 Meathe, West Palm Beach, FL 33411-2615 $10,000,000 Mar 2025 23,815 SF
2054 Vis, West Palm Beach, FL 33411-6741 $40,000,000 Jun 2024 73,498 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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