2005 Vista PkwyWest Palm Beach, FL 33411

  • Office properties
  • 22,338 SF
For Lease
$12.98/SF/YR View listing

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
2005 Vista Pkwy, West Palm Beach, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$162,264
$2,352,759
$6,255,656
$8,608,415
-
$2,352,759
$6,255,656
$8,608,415

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