Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    901 N Congress Ave Boynton Beach, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available in Boynton Beach Promenade.

    Type:OFFICE
    Property size:
    7,111 SF
    Lot size:
    4.93 Acres
    Added:
    Apr 23, 2025
    Days on Market:
    364
    Last Refresh:
    Apr 5 at 9:48 pm

    Property Features for 901 N Congress Ave

    General Information

    Standard status
    Active
    Size
    7,111 SF
    Lot size
    4.93 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 901 N Congress Ave Contact us

    We can help!

    Listing Contact
    Ron Brill

    Listing agent Ron Brill

    Listing office IMC Equity Group

    Listing date Apr 23, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of IMC Equity Group

    Overview

    Boynton Beach Promenade Office Space

    The Boynton Beach Promenade offers office spaces within a 214,751 square foot plaza. The location provides prominent visibility and premier access along Congress Avenue, which experiences traffic counts exceeding 47,000 vehicles daily. Current tenants include Big Lots, Edward Jones, Coldwell Banker, H&R Block, Olive Garden, and Iberia Bank. One available space offers 7,111 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ali Baba Wholesale Big Box & Wholesale Store Hugh B Rosenblatt, ... Dental Office Boynton Dentistry Dental Office A William Domeyer DDS Dental Office Spring, TX Dentist ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0918
    Latitude
    26.5361

    Nearby Similar for Lease

    • $1.00/mo

      Boynton Beach Medical/Office Space

      Medical/office suite in professional building, Boynton Beach, available for sublease.
      1301 N Congress Avenue, Boynton Beach, FL 33426
      View Details
    • $1.00/mo

      Boynton Beach Medical/Office Space

      Fully built-out medical office space in Boynton Beach, Florida.
      1301 N Congress Avenue, Boynton Beach, FL 33426
      View Details
    • $1.00/mo

      Boynton Beach Medical/Office Space Available

      Fully built-out medical office space for lease in Boynton Beach.
      1301 N Congress Avenue, Boynton Beach, FL 33426
      View Details
    • $23/mo

      Boynton Beach Versatile Commercial Space

      Office and warehouse spaces available for lease in Boynton Beach.
      322 NE 3rd St, Boynton Beach, FL 33435
      View Details
    • Contact for pricing

      Boynton Beach Industrial Condo

      Versatile industrial condo for lease or sale in Boynton Beach.
      3010 SW 14th Pl 0140, Boynton Beach, FL 33426
      View Details
    • $20/mo

      Boynton Beach Flex Space Opportunity

      Versatile flex space in Boynton Beach, near I-95.
      321 N Railroad Ave, Boynton Beach, FL 33435
      View Details
    • Contact for pricing

      Remodeled Office Space in Boynton

      Remodeled office building in a prime location for rent.
      127 E Boynton Beach Boulevard, Boynton Beach, FL 33435
      View Details
    • Contact for pricing

      Boynton Beach Commercial Office Space

      Office spaces with amenities available for rent in Boynton Beach.
      1200 S Federal Highway, Boynton Beach, FL 33435
      View Details
    • Contact for pricing

      Remodeled Office Space Available

      Remodeled office space in prime Boynton Beach location for rent.
      127 E Boynton Beach Boulevard, Boynton Beach, FL 33435
      View Details
    • $18/mo

      Boynton Beach Office Space Available

      Renovated office suite for rent in Boynton Beach, Florida.
      1901-1903 S. Congress Ave., Boynton Beach, FL 33426
      View Details
    • $32/mo

      Boynton Beach Professional Office Space

      Move-in ready office suites in a central Boynton Beach location.
      1325 South Congress Avenue, Boynton Beach, FL 33426
      View Details
    • $20/mo

      Boynton Beach Sublease Opportunity

      First-floor office space in Boynton Beach, available fully furnished.
      1501 Corporate Dr, Boynton Beach, FL 33426
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available in Boynton Beach Promenade.
    Where is this office units located?
    The property is located at 901 N Congress Ave Boynton Beach, FL.
    What are key features of this property?
    This property features: High traffic location on Congress Avenue (over 47,000 vehicles daily).; Large plaza size: 214,751 Square Feet.; Prominent visibility and premier access.
    (305) 893-9955 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ron Brill
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!