2005 Vista PkwyWest Palm Beach, FL 33411
- Office properties
- 22,338 SF
Property Details for 2005 Vista Pkwy
- Year built
- 2003
- Construction
- CONCRETE
- Lot size
- 4.00 AC
- Property size (Sq ft)
- 22,338 SF
- Zone code
- PIPD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 00-42-43-22-06-023-0050
- APU
- 424322060230050
Description
This exceptional sublease opportunity presents 1,546 square feet of professional office space in the highly desirable Vista Business Park of West Palm Beach. Located at the prime corner of Vista Parkway and Jog Road, this space offers immediate occupancy with 2.5 years remaining on the existing lease. Rent includes base rent and common area maintenance (CAM) charges, providing predictable and manageable operating costs. The building boasts a range of desirable features, including impact glass windows, ample parking for tenants and visitors, exterior security lighting for enhanced safety, and convenient 24-hour access. Its strategic location provides unparalleled convenience, with easy access to Okeechobee Boulevard, the Florida Turnpike, Palm Beach International Airport, and downtown West Palm Beach. The surrounding area offers a wealth of amenities within walking distance, including hotels, restaurants, financial services, and even golf courses. The property is zoned PIPD (Planned Industrial Park District) and its APN is 00424322060230050. This space is part of a larger building, but is a single-tenant occupancy. A detailed floor plan is available for review. Don't miss this chance to secure a highly visible and well-appointed office space in a thriving business park.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,867,328
- 6.5%
- $6,339,072
- 7%
- $5,886,281
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,213,985
- Geo Method
- $6,213,985
-
Alternative Use
- Use
- Valuation
- Residential
- $7,860,450
- Hospitality
- $7,200,130
- Educational
- $5,990,423
- Medical
- $6,196,443
- Retail
- $9,318,436
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.7089
- Longitude
- -80.1474
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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