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Financial
Distress signals
Property profile

14565 Sims Rd Delray Beach, FL 33484

FOR SALE
Office buildings
Property ID
US18-4895406
21,882 SF 1.7 ac lot Built 1987
Last sale Feb 2022 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Constructed in 1987, this one-story commercial building contains approximately 21,894± square feet and is configured to support multiple tenant suites, with suite sizes ranging from about 1,850 square feet up to the full building area. The property is suited for medical office occupancy and can also be used to accommodate vocational school use. It is located just north of West Atlantic Avenue, between Jog Road and South Military Trail, with Delray Medical Center nearby as a point of reference for medical-oriented uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$62k
Tax billed · 2023
Assessed value$3.47M
Assessed land$1.23M
Assessed improvement$2.24M
Effective rate1.78%

Value estimate

· Oct 2026
$2.88M
$2.59M – $3.16M
AI approach$3.10M
Submarket $/SF estimate$2.53M
NOI build-up
Gross scheduled income$525k
Vacancy & credit loss−$45k
Operating expenses−$192k
NOI · 5.89% cap applied$288k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$471/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$278 – $724

Cap rate analysis

How does the asset earn?
5.89%
$288k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IPF
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.4
Parking Facility14.2
Daycare Center14.1

Location

14565 Sims Rd Delray Beach, FL 33484
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 16 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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