104 20th St Boca Raton, FL 33431-7902
Showrooms
Google Maps
Entity Owned
3-yr Hold
~
Est. High Equity
For Sale
$1,590,000
104 20th St, Boca Raton, FL 33431-7902
View Listing →
Estimated value (blended)
$1.59M
Range $1.43M – $1.75M (±10%)
Property ID
US18-4249435
Property summary
AI-generated overview
This exceptional 10,560-square-foot showroom is ideally situated in the heart of Boca Raton, Florida, at 104 NW 20th Street, zip code 33431. Located in Palm Beach County, this single-tenant retail space offers an unparalleled opportunity for businesses seeking a prestigious location to showcase their products or services. The property boasts an abundance of natural light, flooding the interior with brightness and enhancing the overall ambiance. The spacious layout provides ample room for displays, creating an inviting and sophisticated environment for customers. Its prime location within Boca Raton ensures high visibility and accessibility, benefiting from the area's upscale lifestyle and affluent demographic. This showroom represents a unique chance to establish a prominent presence in a thriving market, capitalizing on the area's reputation for luxury and convenience. The property is categorized as a retail showroom and is available as a single-tenant occupancy. Its precise coordinates are latitude 26.3674033 and longitude -80.0856708. The property's size and location make it an attractive option for businesses seeking a high-impact retail presence in a desirable market.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1955
Construction
CONCRETE
Total area
10,560 SF
Lot
0.51 ac (22,246 SF)
Zoning code
M-2
APN
06-43-47-17-11-005-0081
UPID
US18-4249435
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
since 2023
Last sale
$1.9M
3 recorded transactions
Zoning & alternative use
M-2 · Boca Raton, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.59M
Value range
$1.43M – $1.75M
±10% around blend
Estimated value / SF
$151 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
$1.43M
blend $1.59M
$1.75M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,560 SF
Lot area
0.51 ac
Year built
1955
Stories
1
APN
06-43-47-17-11-005-0081
Assessed value
$1,284,021
Annual tax
$27,885
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$6.46M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.5 mi away · 8,734 SF
12.3 mi away · 11,609 SF
12.4 mi away · 7,445 SF
14.8 mi away · 8,379 SF
19.6 mi away · 9,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.59M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 22 sales
$442
-66%
Submarket 106 sales
$7,635
-98%
County 866 sales
$470
-68%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $151/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.85M
Move the market yield to see immediate price impact.
Value / SF
$176
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$117k
$2.34M
$1.67M
$1.30M
$130k
$2.60M
$1.85M
$1.44M
$143k
$2.86M
$2.04M
$1.59M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$2.11M
6.2 mi · Aug 2025 · $214/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,885
Tax year 2023
Assessed value
$1,284,021
Assessed 2023
Previous assessed
$1,110,772
+15.6% YoY
Effective rate
2.17%
On assessed value
Assessed land
$556,125
Assessed improvement
$727,896
Land market value
$556,125
Improvement market value
$727,896
Total market value
$1,284,021
Applied tax rate
6,154.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1955
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
10,560 SF
Lot
0.51 ac (22,246 SF)
Zoning code
M-2
APN
06-43-47-17-11-005-0081
UPID
US18-4249435
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Boca Raton, FLZoning M-2 · permitted uses
M-2 · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1955
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M-2
Jurisdiction
Boca Raton, FL
Recorded code
M-2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-2 in Boca Raton, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
