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Property profile & analytics
OFF-MARKET
Warehouses

2431 1St Ave Boca Raton, FL 33431

24,411 SF Built 1970
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents three available warehouse spaces totaling 1,925 square feet within a larger 24,411 square foot industrial complex located in Boca Raton's desirable Northwest 1st Avenue area. Situated conveniently north of 20th Street and east of Boca Raton Boulevard (NW 2nd Avenue), this property offers easy access to Downtown Boca Raton and major transportation arteries, including the Spanish River and Palmetto I-95 exits. The three units are part of a larger complex of concrete block buildings constructed in 1970. Each unit offers a functional layout, featuring multiple 275 square foot bays, each equipped with 10ft x 10ft roll-up doors, providing convenient access for loading and unloading. The units boast 12-foot high ceilings, maximizing storage and operational efficiency. Shared restrooms are available for tenant use, and ample street-level parking is provided for convenience. The property benefits from favorable M-2 industrial zoning, offering flexibility for a variety of uses. The available space ranges from 275 to 550 square feet, making it ideal for small businesses or storage needs. This is a rare opportunity to acquire well-located industrial space in a thriving Boca Raton market. The property's strategic location and functional design make it an attractive option for businesses seeking efficient and accessible warehouse space.

Property profile
Verified
Property type Warehouses
Year built 1970
Total area 24,411 SF
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
  • One Time Interiors, LLC General Contractor
  • Emerald Home Services Electrical Service General Contractor
  • CTS Industries Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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