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

    6510 W Rogers Cir Boca Raton, FL 33487

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

    Climate-controlled warehouse with heavy power and oversized doors.

    Type:Industrial
    Property size:
    16,911 SF
    Added:
    Aug 13, 2024
    Days on Market:
    612
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 6510 W Rogers Cir

    General Information

    Standard status
    Active
    Size
    16,911 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Chad Gottsegen

    Listing agent Chad Gottsegen License #FL 3386660

    Listing office LRM CREA LLC

    Listing date Aug 13, 2024

    Source Crexi

    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 LRM CREA LLC

    Overview

    Boca Raton Warehouse For Sale

    This commercial property features a climate-controlled warehouse space. It is equipped with two oversized grade-level doors, each measuring 14 feet in height and 14 feet in width. The warehouse is fully sprinklered and includes automatic shutters. It benefits from heavy power, offering approximately 1000 Amps. A new roof was installed in 2022, and the property was repainted and waterproofed in 2024. The property size is 16911 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Europa Manufacturing, Inc. Metal Fabrication Plant

    Suggested Use

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

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

    Similar Places Nearby

    • South East Moving Group — 6501 Congress Ave, Boca Raton, FL 33487
    • Valuable Vehicles Vault Car Storage — 1200 S Rogers Cir Unit C6, Boca Raton, FL 33487
    • GS Fulfillment — 1095 Broken Sound Pkwy NW #300, Boca Raton, FL 33487
    • Public Storage — 1200 Holland Dr, Boca Raton, FL 33487
    • Holland Drive Industrial Park — 1020 Holland Dr, Boca Raton, FL 33487

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1122336
    Latitude
    26.4051977

    Nearby Similar for Sale

    • $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
    • $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
    • $1,550,000
      4,326 SF

      Boca Raton Duplex Investment Opportunity

      Remodeled duplex near Intracoastal with income potential.
      620 Hastings Street, Boca Raton, FL 33487
      View Details
    • $449,000
      1,566 SF

      Updated Residence in Boca Gardens

      Redesigned 3-bedroom, 2-bath home with resort-style amenities.
      9635 Boca Gardens Circle N, Boca Raton, FL 33496
      View Details
    • $350,000

      Turnkey Cafe in Boca Raton

      Established fast casual cafe in high-traffic Boca Raton location.
      Null, Boca Raton, FL 33434
      View Details
    • $295,000

      Kosher Dairy Restaurant Opportunity

      Well-known kosher dairy restaurant for sale in Boca Raton.
      Powerline dr, Boca Raton, FL 33433
      View Details
    • $3,200,000

      Boca Raton Commercial Warehouse

      Versatile industrial property with premium office space in Boca Raton.
      1200 S Rogers Cir, Boca Raton, FL 33487
      View Details
    • $350,000

      Established Orthotics Business Opportunity

      Turnkey orthotics and footwear business in Boca Raton for sale.
      Confidential Medical Business, Boca Raton, FL 33433
      View Details
    • $7,506
      18,000 SF

      Boca Raton Class A Office

      Class A office building in Broken Sound Business Park.
      1095 NW Broken Sound Pkwy NW 307, Boca Raton, FL 33487
      View Details
    • $3,960
      18,000 SF

      Boca Raton Class A Office

      Class A office building in Broken Sound Business Park.
      1095 NW Broken Sound Pkwy NW 306, Boca Raton, FL 33487
      View Details

    FAQs

    What type of property is this?
    Warehouse - Climate-controlled warehouse with heavy power and oversized doors.
    Where is this warehouse located?
    The property is located at 6510 W Rogers Cir Boca Raton, FL.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: Heavy Power (±1000 Amps); Climate‑controlled warehouse; Two oversized grade‑level doors (14ft H x 14ft W)
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chad Gottsegen
    Real Estate License ID: FL 3386660
    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!