Technical
Financial
Distress signals
Property profile

1250 Wallace Dr E E Ste Delray Beach, FL 33444

OFF-MARKET
Distribution centers
Property ID
US18-5319490
1 ac lot Built 2006
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,601-square-foot industrial flex corner unit in Delray Beach, Florida includes a combination of professional office space and warehouse space with approximately 20-foot ceilings. Warehouse access is provided by a drive-in door approximately 12 feet wide by 14 feet high. The layout includes an upstairs mezzanine and one private bathroom. The unit is part of a contemporary industrial complex. The MIC zoning permits a variety of business uses, including industrial, service, office, and retail. The property is located near major roadways including I-95 at Linton Blvd, with access to Dixie Highway and Federal Highway.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2006
Construction CONCRETE BLOCKS
Lot 1 ac (43,560 SF)
APN 12-43-46-20-76-000-0050
UPID US18-5319490

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
  • Industrial Manufacturer Production Facility
  • Clothing & Fashion Store
  • Industrial Manufacturer Production Facility
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Construction Company General Contractor

Location

1250 Wallace Dr E E Ste Delray Beach, FL 33444-4602
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
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2018
3 recorded transactions
2018
$515,000
2010
Price N/A
2007
$513,625

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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