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Boca Raton Retail Opportunity
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17761 Woodview Ter, Boca Raton, FL 33487

high

Property Size19 SF
Lot Size9.02 Acres
Price / SF$526.32
Days on Market311

Property Features for 17761 Woodview Ter

General Information

Standard status Active
Property type Automotive properties, Gas stations, Retail properties & Spaces
Size 19 SF
Net Rentable 59 SF
Class A
Lot size 9.02 Acres
Occupancy 10%
Sale Condition High Vacancy
Investment Type Institutional
Net Operating Income $6,500,000,000,000,000
Added: Dec 9, 2025 Changed: Mar 16
Rey
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Investment Insights

Based on property information with market context.

Located in Boca Raton, Florida, this property offers a size of 19 unspecified units. The property is renovated and situated at 17761 Woodview Ter, Boca Raton, FL 33487. It is currently listed for sale.

Key Highlights

  • renovated

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$366
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,320 $7.3K
Cap Rate 7%
$5,229 $5.2K
Cap Rate 9%
$4,067 $4.1K
Market Conditions
NOI Build-Up for 19 SF
Gross rent
$524 $27.60/SF
− Vacancy
−$37 −$1.93/SF
EGI
$488 $25.67/SF
− OpEx
−$122 −$6.42/SF
NOI
$366 $19.25/SF
Area
Palm Beach County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,320
Cap Rate 7%
$5,229
Cap Rate 9%
$4,067

Alternative Uses

Best Use
Specialty Retail
$5.2K
$4.6K – $6.1K (±1% cap)
NOI $366 @ 7.0% cap · market cap 3.66%
Second Best
Retail
$4.6K
$4.0K – $5.4K (±1% cap)
NOI $321 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$13.4K
$11.7K – $15.6K (±1% cap)
NOI $937 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,273
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
FedEx Office Print & Ship Center Shops & Services
1,300 visits/mo 0.3 miles
Tint World Shops & Services
164 visits/mo 0.4 miles

Demographics for 33487, FL

20,644
Population
13,644
Households
1.5
Avg Household Size
53
Median Age
60%
College-Educated
97%
High-School Grad
6.7 sq mi
ZIP Area
3,081
Density / Sq Mi
$93,816
Median Household Income
$48,927
Median Earnings
$2,382
Median Rent
$573,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Automotive property - high
Where is this automotive property located?
The property is located at 17761 Woodview Ter Boca Raton, FL.
What are key features of this property?
This property features: renovated
More about this property
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