Property profile

1116 10th Ave Delray Beach, FL 33444

OFF-MARKET
Industrial properties
Property ID
US18-7233422
34,925 SF 2.17 ac lot Built 2022
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2022
Construction CONCRETE
Total area 34,925 SF
Lot 2.17 ac (94,516 SF)
Zoning code MIC
APN 12-43-46-20-01-029-0050
UPID US18-7233422

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
  • Consultant
  • Hardware & Home Improvement Production Facility
  • Construction Company General Contractor

Location

1116 10th Ave Delray Beach, FL 33444-1269
Delray Beach metro Census 6801 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.27M
Comparable Approach Comparable
$4.73M
Blend (final) Blend
$7.01M

Owner & transaction history

since 2018
4 recorded transactions
2019
Price N/A
2018
$1.2M
2018
Price N/A
2005
Price N/A

Zoning & alternative use

MIC · Delray Beach, FL
Zoning description

The Mixed Industrial and Commercial (MIC) District is created to provide for a mix of industrial, commercial, and office use in a single zoning district. The uses allowed are intended to enhance employment opportunities…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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