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Property profile & analytics
FOR LEASE
Distribution centers
1020 W Industrial Ave, Boynton Beach, FL 33426
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9646824
For Lease
$5 SF/Yr
1020 W Industrial Ave, Boynton Beach, FL 33426
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Lot
1.44 ac (62,683 SF)
Zoning code
M1
APN
08-43-45-20-20-000-0040
UPID
US18-9646824
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
-
Boynton Management Lot LLC Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.23M
Owner & transaction history
1020 1040 Industrial LLC · 1 yrs held
1020 1040 Industrial LLC
since 2025
Last sale
$5.2M
6 recorded transactions
Zoning & alternative use
M1 · Boynton 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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,532
Tax year 2023
Assessed value
$1,082,466
Assessed 2023
Previous assessed
$812,838
+33.2% YoY
Effective rate
1.71%
On assessed value
Assessed land
$877,534
Assessed improvement
$204,932
Land market value
$877,534
Improvement market value
$204,932
Total market value
$1,082,466
Applied tax rate
8,983.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Heating
NONE
Lot
1.44 ac (62,683 SF)
Zoning code
M1
APN
08-43-45-20-20-000-0040
UPID
US18-9646824
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M1 · Boynton Beach, FL
Zoning M1 · permitted uses
M1 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boynton Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.44 ac
Current owner
From public records · entity-resolved
1020 1040 Industrial LLC
Entity
Mailing address
6303 STIRLING RD, DAVIE, FL 33314-7216
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
$5,225,000
1020 1040 Industrial LLC
Boynton Management Lot LLC
Warranty Deed
—
Jul 5, 2023
—
Boynton Management Lot LLC
Americana Mining Operations Syndica
Special Warranty Deed
—
Oct 30, 2017
$2,480,000
Americana Mining Operations Sy
Aspen 1020 West Industrial LLC
Grant Deed
$500,000 · Aspen 1020 West Industrial LLC
Feb 1, 2008
$3,000,000
Aspen 1020 West Industrial LLC
Phillips Equipment Rental INC
Special Warranty Deed
$2,050,000 · Jpmorgan Chase Bank NA
Apr 17, 2003
$345,000
Phillips Equipment Rental INC
Boynton Industrial Park Assoc
Grant Deed
$1,255,100 · Fidelity Federal Bank & Trust
—
—
Phillips Equipment Rental INC
—
Deed Of Trust
related
$350,000 · Kevin Remer
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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