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Property profile & analytics
OFF-MARKET
Estimated value
$7,710,000
Industrial properties
125 Congress Ave Delray Beach, FL 33445-3622
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-4962757
Property summary
AI-generated overview
This Delray Beach commercial property, located at 125 N Congress Avenue, offers 24,803 square feet of office and warehouse space on a 2.2-acre lot. The single-story building features a concrete block construction with a presumed slab foundation, divided into ten bays ranging from 1,350 to 5,500 square feet. High ceilings (20 feet) and 3-phase electric power are key features. The building boasts a prominent glass storefront with aluminum-framed windows at the office and showroom entrances, and each bay includes oversized (10' x 12') grade-level rear doors. Ample parking is provided with approximately 90 spaces, offering a generous parking ratio of 3.6 spaces per 1,000 square feet. A shared 675-square-foot gated loading dock is also available. The property benefits from excellent visibility on Congress Avenue, with convenient access to I-95, Atlantic Avenue, and the Turnpike (within half a mile). The property is zoned MIC and has APN 12434618530000010. Exterior LED lighting enhances the property's appeal. This is a single-tenant office building.
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2000
Construction
CONCRETE
Total area
25,048 SF
Lot
2.15 ac (93,654 SF)
Zoning code
MIC
APN
12-43-46-18-53-000-0010
UPID
US18-4962757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
GTE Builders Construction Company General Contractor
-
Champion Animal Health Corporate Office
-
Melly M Clothing Store
-
Imeca Lumber & Hardware Big Box & Wholesale Store Building Supply
-
F&I Upholstery Cleaning INC. Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.65M
Comparable Approach
Comparable
$6.78M
Blend (final)
Blend
$7.71M
Owner & transaction history
Delray Business Center LLC · 11 yrs held
Delray Business Center LLC
since 2015
3 recorded transactions
Zoning & alternative use
MIC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,200,000
6.5%
$6,645,000
7%
$6,175,000
Blend value · Realmo final
$7.71M
Range $6.94M – $8.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$308 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$70,980
Tax year 2023
Assessed value
$3,690,819
Assessed 2023
Previous assessed
$3,153,654
+17.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$1,527,904
Assessed improvement
$2,162,915
Land market value
$1,527,904
Improvement market value
$2,162,915
Total market value
$3,690,819
Applied tax rate
12,987.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
25,048 SF
Lot
2.15 ac (93,654 SF)
Zoning code
MIC
APN
12-43-46-18-53-000-0010
UPID
US18-4962757
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MIC · Delray Beach, FL
Zoning MIC · permitted uses
MIC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.15 ac
Current owner
From public records · entity-resolved
Delray Business Center LLC
Entity
Mailing address
4901 NW 17TH WAY STE #102, FORT LAUDERDALE, FL 33309-3770
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2015
$2,725,000
Delray Business Center LLC
Congress Industrial Square LLC
Warranty Deed
—
Dec 29, 2000
$285,000
Congress Industrial Square LLC
Spadavecchia,john
Quit Claim Deed
related
—
—
—
Congress Industrial Square LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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