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Property profile & analytics
FOR LEASE
Industrial properties
101 S Congress Ave Delray Beach, FL 33445
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-3626156
For Lease
1 / 3
Contact for pricing
101 S Congress Ave, Delray Beach, FL 33445
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1975
Construction
CONCRETE
Total area
24,200 SF
Lot
1.47 ac (64,125 SF)
Zoning code
MROC
APN
12-43-46-18-00-000-5040
UPID
US18-3626156
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
-
Data Cabling Services Electrical Service General Contractor
-
Delray Rehab Medical Clinic
-
Hubs & Hers Clothing Store
-
Trainnr Studios Gym & Fitness Center
-
Tijoris Home Outlet Delray Big Box & Wholesale Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.42M
Comparable Approach
Comparable
$6.77M
Blend (final)
Blend
$7.52M
Owner & transaction history
101 South Congress LLC · 6 yrs held
101 South Congress LLC
since 2019
2 recorded transactions
Zoning & alternative use
MROC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The MROC District regulations provide for a transit-supportive, pedestrian-friendly mix of residential, office, and commercial uses in a master-planned environment
Zone name
Mixed Residential Office And Commercial
General category
MIXED_USE
Zone area
165.35 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,960,000
6.5%
$6,420,000
7%
$5,965,000
Blend value · Realmo final
$7.52M
Range $6.76M – $8.27M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$311 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$74,339
Tax year 2023
Assessed value
$3,684,501
Assessed 2023
Previous assessed
$3,419,746
+7.7% YoY
Effective rate
2.02%
On assessed value
Assessed land
$865,674
Assessed improvement
$2,818,827
Land market value
$865,674
Improvement market value
$2,818,827
Total market value
$3,684,501
Applied tax rate
12,987.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
24,200 SF
Lot
1.47 ac (64,125 SF)
Zoning code
MROC
APN
12-43-46-18-00-000-5040
UPID
US18-3626156
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MROC · Delray Beach, FLZoning MROC · permitted uses
MROC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The MROC District regulations provide for a transit-supportive, pedestrian-friendly mix of residential, office, and commercial uses in a master-planned environment
Zone name
Mixed Residential Office And Commercial
General category
MIXED_USE
Zone area
165.35 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
101 South Congress LLC
Entity
Mailing address
280 NE 2ND AVE, DELRAY BEACH, FL 33444-3706
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2019
$3,825,000
101 South Congress LLC
Patrick Lynch
Warranty Deed
$2,635,500 · Valley Bank
Dec 2, 1997
$1,215,000
Felice Giulietti
Giulietti,antonio & Linda
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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