Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Condo For Sale Title is generated by Realmo AI

    6590 W Rogers Cir, Boca Raton, FL

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

    2,000 SF flex condo with office and warehouse space.

    Type:FLEX_R_AND_D
    Property size:
    2,000 SF
    Lot size:
    4.30 Acres
    Price / SF:
    $272/SF
    Added:
    Feb 7, 2023
    Days on Market:
    1186
    Last Refresh:
    Apr 5 at 10:19 pm

    Property Features for 6590 W Rogers Cir

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    4.30 Acres
    Property subtype
    FLEX_R_AND_D

    We can help!

    Listing Contact
    Charlie Exelbirt

    Listing agent Charlie Exelbirt

    Listing office Mattis Advisors

    Listing date Feb 7, 2023

    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 Mattis Advisors

    HighLights

    • 2,000 sf flex condo ideal for owner/user.
    • Executive office with private full bathroom and steam shower.
    • A/C in warehouse.
    • Two bathrooms (one upstairs, one downstairs) and kitchenette.
    • Twin‑T roofing system.
    • Three assigned parking spots.

    Overview

    This 2,000 square foot flex condo is available for sale, suitable for an owner/user. The property includes one executive office with a private full bathroom featuring a steam shower. Additionally, there is a bathroom downstairs, making for a total of two bathrooms. The unit also features a kitchenette and air conditioning in the warehouse area. The building has a twin-t roofing system. The property includes three assigned parking spots. The condo dues are $1.76 plus $1.29 (reserves), totaling $3.05 per square foot.
    Location Intelligence

    Current Use by Public Records

    Paper Chase Window ... (Bike/Boat/Book/etc) Store Security & Sound Systems ... Security Service Home Baked Group Bakery Tye dye 2 ... Clothing & Fashion Store Inteccon Inc Environmental Consultant

    Suggested Use

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

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

    Similar Places Nearby

    • Hibachi2U — 1121 Holland Dr # 25, Boca Raton, FL 33487

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1127
    Latitude
    26.4064

    Nearby Similar for Sale

    • $10,999,999
      5,945 SF

      Turnkey Restaurant in Boca Raton

      Fully equipped restaurant in prime Boca Raton location for sale.
      1450 N Federal Highway, Boca Raton, FL 33432
      View Details
    • $349,000
      987 SF

      Sanctuary Centre Professional Space

      987 SF office/restaurant space in East Boca Raton.
      4800 N Federal Highway, Boca Raton, FL 33431
      View Details
    • $380,000

      Restaurant Business Opportunity in Boca

      Turnkey restaurant business for sale in a prime Boca location.
      21316 Saint Andrews Blvd ( Restaurant for sale ), Boca Raton, FL 33432
      View Details
    • $6,500,000

      Retail Asset in Boca Raton

      Fully stabilized retail asset with immediate cash flow.
      23133 Sandalfoot Plaza Dr, Boca Raton, FL 33428
      View Details
    • $1,175,000
      2,554 SF

      Boca Raton Medical Office Space

      2,554 SF medical office space in Boca Raton, Florida.
      2900 N Military Trail, Boca Raton, FL 33431
      View Details
    • $795,000
      1,484 SF

      Boca Raton Income-Producing Duplex

      Income-producing duplex near downtown Boca, beaches, and parks.
      314 SW 1st Street, Boca Raton, FL 33432
      View Details
    • $925,000
      2,817 SF

      East Boca Raton Duplex

      Duplex in East Boca Raton, minutes from beaches and downtown.
      198 SW 15th Street, Boca Raton, FL 33432
      View Details
    • $380,000

      Boca Raton Salon Business Opportunity

      Established hair and nail salon in high-traffic Boca Raton plaza.
      1347-1349 W Palmetto Park Rd, Boca Raton, FL 33486
      View Details
    • $229,000

      Ice Cream Cafe Business Opportunity

      Turn-key ice cream cafe near the beach for sale.
      899 E PALMETTO PARK RD, Boca Raton, FL 33432
      View Details
    • $1,495,000
      4,326 SF

      Boca Raton Duplex Investment Opportunity

      Remodeled duplex near Intracoastal with income potential.
      620 Hastings Street, Boca Raton, FL 33487
      View Details
    • $824,500
      2,309 SF

      Boca Raton Flex Space

      Two-story office/warehouse flex space in prime Boca Raton location.
      6401 E Rogers Cir 16, Boca Raton, FL 33487
      View Details
    • $140,000

      Salon Business Opportunity in Florida

      Profitable salon business for sale in a high-traffic Boca Raton location.
      FL-7, Boca Raton, FL 33428
      View Details

    FAQs

    What type of property is this?
    Flex space - 2,000 SF flex condo with office and warehouse space.
    Where is this flex space located?
    The property is located at 6590 W Rogers Cir Boca Raton, FL.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: 2,000 sf flex condo ideal for owner/user.; Executive office with private full bathroom and steam shower.; A/C in warehouse.
    (561) 910-0175 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Charlie Exelbirt
    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

    Thank You for Inquiry
    6590 W Rogers Cir, Boca Raton, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!