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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Commercial real estate
102 1st Ave Delray Beach, FL 33444-3713
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-1421346
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1939
Construction
WOOD
Total area
4,490 SF
Lot
0.25 ac (10,912 SF)
Zoning code
OSSHAD
APN
12-43-46-16-01-067-0152
UPID
US18-1421346
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
-
Compass Real Estate | Delray Beach Real Estate Agency
-
Lexie Herrick | Realtor Delray Beach & Boca Raton, Compass Real Estate Agency
-
Valencia Sliding Glass Door Construction Company General Contractor
-
Geoff Braboy | Realtor at Compass, Delray Beach Real Estate Agency
-
Dudes Dispensary Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Bw Old School Square INC · 10 yrs held
Bw Old School Square INC
since 2015
5 recorded transactions
Zoning & alternative use
OSSHAD · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$238 / 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
$47,700
Tax year 2023
Assessed value
$2,591,052
Assessed 2023
Previous assessed
$2,285,503
+13.4% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,374,912
Assessed improvement
$1,216,140
Land market value
$1,374,912
Improvement market value
$1,216,140
Total market value
$2,591,052
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
4,490 SF
Lot
0.25 ac (10,912 SF)
Zoning code
OSSHAD
APN
12-43-46-16-01-067-0152
UPID
US18-1421346
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
OSSHAD · Delray Beach, FL
Zoning OSSHAD · permitted uses
OSSHAD · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
Bw Old School Square INC
Entity
Free & Clear · 10 yrs held
Mailing address
1330 N OCEAN BLVD, DELRAY BEACH, FL 33483-7234
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2015
$1,930,000
Bw Old School Square INC
Old School Office Suites LLC
Warranty Deed
—
Feb 12, 2015
$1,175,000
Old School Office Suites LLC
Snappy Turtle Ents INC
Warranty Deed
—
Jul 8, 2004
$1,395,000
Snappy Turtle Ents INC
Sickle,tamelyn
Warranty Deed
$1,079,500 · Bank Of America
Apr 26, 2002
$473,000
Tamelyn Sickle
Casebolt,sherman A & Nancy E
Grant Deed
—
—
—
Sherman A Casebolt
—
Deed Of Trust
related
$110,000 · Aames Home Loan
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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