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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Distribution centers

2731 Vis Pkwy Ste D10 West Palm Beach, FL 33411-2730

1 ac lot Built 2005
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US18-5003943
Property summary
AI-generated overview

This exceptional owner-user opportunity presents two warehouse units totaling 3,600 square feet, ideally situated in Royal Palm Beach, Florida, at 2731 Vista Parkway, zip code 33411. The property, built in 2005, boasts a reinforced concrete structure and is located within a secure gated industrial community featuring a gas station and car wash. Each of the two units offers 1,800 square feet, including mezzanine storage for added capacity. The units benefit from a 25-foot ceiling height, two loading docks, and sixteen dock-high doors, providing ample space and efficient loading capabilities. The electrical service is robust, with 100 amps, three-phase power. The property is currently vacant, with an occupancy date of October 1st, 2024. The asking price of $1,350,000 is for both units and is negotiable. The property is equipped with comprehensive security camera coverage. While the lot size is not specified, the price per square foot is listed as $375. This information is believed to be accurate but should be independently verified. The property is offered for sale by owner. HOA fees are current through the end of 2024.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2005
Construction CONCRETE BLOCKS
Lot 1 ac (43,560 SF)
APN 00-42-43-22-17-004-0100
UPID US18-5003943
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Armand Flooring Products Carpet & Flooring Store Hardware & Home Improvement
  • Mobibooth, LLC Photography Service (Bike/Boat/Book/etc) Store
  • All Noise Control Industrial Manufacturer Production Facility
  • Alcero Business Management Consultant
  • Ready2HangArt Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M
Owner & transaction history
2731 D 10 Vista LLC · 2 yrs held
2731 D 10 Vista LLC
since 2023
Last sale
$1.0M
4 recorded transactions
2023
$1.0M
2014
$170,000
2005
$295,200
2005
$208,845
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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