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6598 North Military Trail

Off-Market

6598 North Military Trail, West Palm Beach, FL 33407

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  • Property Type Industrial - Flex - Industrial
  • Property Size 25,268 SF
  • Lot Size 2.24 Acre
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1981

Location

  • City West Palm Beach, FL
  • Neighborhood Westroads Business and Industrial Park
  • Zip Code 33407
  • Market West Palm Beach Boca Raton

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 15 Jul, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in West Palm Beach

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in West Palm Beach Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $39.88
  • 2020 Office Vacancy Rate 14.20%
  • 2020 Office Completions (SF) 60,000

West Palm Beach Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $152.48
  • Y-o-Y Avg. PpSF Change -20.18%
  • 2020 Office Sales Volume $51.5M
  • 2020 Number of Transactions 7
View more West Palm Beach market trends

Tax

  • Base Tax $44,421
  • Current Tax $49,429
  • Market Value* $2,039,515
  • Assessed Value $2,039,515

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 6598 North Military Trail?

6598 North Military Trail totals 25,268 square feet.

When was this property built?

6598 North Military Trail was built in 1981.

When was 6598 North Military Trail last sold?

6598 North Military Trail was last sold on 15 Jul, 2012.

What is the market value for 6598 North Military Trail?

The market value* for 6598 North Military Trail in 2021 was $2,039,515.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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