New search
Property profile & analytics
FOR LEASE
Showrooms
1040 W Industrial Ave, Boynton Beach, FL 33426
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-9643489
For Lease
1 / 3
$3,300/Mo
1040 W Industrial Ave, Boynton Beach, FL 33426
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Construction
CONCRETE
Total area
12,465 SF
Lot
1.44 ac (62,687 SF)
Zoning code
M1
APN
08-43-45-20-20-000-0050
UPID
US18-9643489
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
-
Century Tool Production Facility Factory
-
Clean Air Xperts Inc. Hardware & Home Improvement Construction Company
-
Xtreme Performance Marine Inc (Bike/Boat/Book/etc) Store
-
Triton Associates Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$2.18M
Owner & transaction history
Boynton Management Warehouse LLC · 3 yrs held
Boynton Management Warehouse LLC
since 2023
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±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
$174 / 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
$46,440
Tax year 2023
Assessed value
$2,211,808
Assessed 2023
Previous assessed
$2,165,582
+2.1% YoY
Effective rate
2.10%
On assessed value
Assessed land
$877,604
Assessed improvement
$1,334,204
Land market value
$877,604
Improvement market value
$1,334,204
Total market value
$2,211,808
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,465 SF
Lot
1.44 ac (62,687 SF)
Zoning code
M1
APN
08-43-45-20-20-000-0050
UPID
US18-9643489
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
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Boynton Management Warehouse LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6303 STIRLING RD, DAVIE, FL 33314-7216
Ownership since
2023
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
Jul 5, 2023
—
Boynton Management Warehouse 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
Grant Deed
$2,050,000 · J P Morgan Chase Bank
Apr 17, 2003
—
Phillips Equipment Rental INC
Phillips,john D & Terri A
Quit Claim Deed
related
—
Jul 1, 2002
$282,500
John D Phillips
Boynton Industrial Park Assoc
Grant Deed
$198,000 · Fidelity Federal Bank & Trust
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
