Property profile

139 3Rd St Boca Raton, FL 33432

OFF-MARKET
Industrial properties
12,315 SF 0.75 ac lot Built 1973
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Property summary

AI-generated overview

This exceptional 12,315 square foot flex space, situated on a 0.75-acre lot in downtown Boca Raton (139 NW 3rd St, 33432), presents a unique redevelopment opportunity. Built in 1973 and renovated in 1998, this single-story building boasts a prime location directly across from the new Brightline Boca Raton station and the Boca Raton Library, and across the street from Boca Raton Planning and Zoning. The property is zoned LB and offers ample parking and loading areas. The fully air-conditioned warehouse is ideal for owner-occupancy or investment, presenting a compelling "piece of the puzzle" for larger redevelopment projects. Its central location in East Boca Raton offers unparalleled access to transportation and civic amenities. The property's existing structure provides immediate functionality while offering significant potential for future development, making it an attractive proposition for a variety of users. This is a rare opportunity to acquire a strategically located property in a thriving urban core. The property's existing structure is 12,315 square feet, and the lot size is 0.75 acres.

Property profile

Verified
Property type Industrial properties
Year built 1973
Total area 12,315 SF
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service
  • Real Estate Agency

Location

139 3Rd St Boca Raton, FL 33432
Boca Raton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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