555 5Th Ave Delray Beach, FL 33483
- Grocery and convenience stores
- 28,020 SF
- 2.89 lot acres
Current Use by Public Records
- BRIAN J BURROUGH / Pain Management Physician
- RICHARD MARK FOLTZ / Neurosurgeon
- Presto! ATM at Publix® / Atm
- Publix Pharmacy at North Delray Commons / Pharmacy / Medical Center
- City National Bank - Presto ATM / Atm
Property Details for 555 5Th Ave
- Year built
- 2001
- Construction
- CONCRETE
- Lot size
- 2.89 lot acres
- Property size
- 28,020 SF
- Zone code
- CBD
- Property type
- Grocery and convenience stores
- APN
- 12-43-46-09-74-001-0010
- APU
- 12434609740010010
Description
This exceptional Class A, 2,200 square foot day spa located at 555 NE 5th Ave, Delray Beach, Florida 33483, is offered for sale at $360,000. The business, Essentials Spa Massage and Facials, is a turnkey operation, complete with all inventory, tools, and comprehensive training for a seamless transition. This established spa offers a wide range of high-demand services, including rejuvenating facials, relaxing massages, and luxurious body treatments, ensuring a steady stream of clientele. The spa's tranquil atmosphere and top-notch services create a luxurious escape for clients. With 300 units and an owner/user investment type, this presents a unique opportunity for an entrepreneur to step into a profitable and established business within the thriving wellness industry. The business is ready for immediate operation and poised for continued growth, offering a high return on investment. This is an exceptional opportunity to acquire a well-established, profitable business in a prime Delray Beach location. All aspects of the business are included in the sale, making this a truly turnkey operation. The spa's existing client base and reputation for excellence provide a solid foundation for future success. This is a rare opportunity to own a thriving business in a desirable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,520,000
- 6.5%
- $9,100,000
- 7%
- $9,320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,900,000
- Geo Method
- $10,965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,750,000
- Retail
- $9,060,000
- Mixed-Use
- $9,275,000
- Hospitality
- $11,460,000
- Educational
- $11,920,000
- Residential Income
- $9,780,000
- Energy
- $8,970,000
- Income-Based Land
- $9,455,000
- Food Service
- $8,615,000
Location Insight
- Map
- Local Demand
- City
- Delray Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0677
- Latitude
- 26.4709
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
