Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1250 Wallace Dr Ste L Delray Beach, FL 33444-4603

    • Distribution centers
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,095,000
    Last Sale
    Mar 06, 2024
    $1,100,000
    Location Intelligence
    Property ID
    US18-8697237
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hammerhead / Manufacturer
    • Shangri-la Boutique / Boutique / Clothing Store
    • Protek Systems, Inc. / Manufacturer / Hardware Store
    • Delray Beach Windshield Replacement & Repair / Auto Glass Shop
    • FIRST ONSITE Property Restoration / Waste Management Service / Water Damage Restoration Service

    Property Details for 1250 Wallace Dr Ste L

    Year built
    2006
    Construction
    CONCRETE BLOCKS
    Lot size
    1.00 lot acres
    Property type
    Distribution centers
    APN
    12-43-46-20-76-000-0120
    APU
    12434620760000120

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,065,000
      6.5%
      $1,160,000
      7%
      $1,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,165,000
      Geo Method
      $1,075,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,005,000
      Retail
      $1,115,000
      Mixed-Use
      $920,000
      Hospitality
      $1,120,000
      Educational
      $1,105,000
      Residential Income
      $900,000
      Energy
      $1,015,000
      Income-Based Land
      $1,020,000
      Food Service
      $1,040,000

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0852
    Latitude
    26.4438
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,222
    $0.00
    $658,126
    $658,126
    -
    $0.00
    $658,126
    $658,126

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      1250 Wallace Dr Ste J

      DISTRIBUTION WAREHOUSE • 2.00 Acres
      1250 Wallace Dr Ste J, Delray Beach, FL 33444-4603
      View Details
    • Value Estimation
      $2,300,000
      1.00 Acre

      605 1st Ave Ste H

      DISTRIBUTION WAREHOUSE • 1.00 Acre
      605 1st Ave Ste H, Delray Beach, FL 33444-3580
      View Details
    • Value Estimation
      $2,380,000
      1,783 SF

      605 1st Ave Ste D

      DISTRIBUTION WAREHOUSE • 1,783 SF
      605 1st Ave Ste D, Delray Beach, FL 33444-3580
      View Details
    • Value Estimation
      $2,325,000
      1,210 SF

      605 1st Ave Ste A

      DISTRIBUTION WAREHOUSE • 1,210 SF
      605 1st Ave Ste A, Delray Beach, FL 33444-3580
      View Details
    • Value Estimation
      $305,000
      1,268 SF

      778 17th Ave, Unit 5

      DISTRIBUTION WAREHOUSE • 1,268 SF
      778 17th Ave, Delray Beach, FL 33444-1372
      View Details
    • Value Estimation by Request
      66,120 SF

      1220-1240 Tangelo Ter

      Distribution properties • 66,120 SF
      1220-1240 Tangelo Ter, Delray Beach, FL 33444
      View Details

    Similar Nearby for Sale

    • $898,788

      Investment Property with Storage Bays

      Industrial and storage property with income potential in high demand.
      800 SW 15Th Ave, Delray Beach, FL 33444
      View Details
    • Contact for pricing
      1.90 Acres

      Artist Alley Land: Delray Beach

      Prime 1.9-acre commercial land
      350 4Th St, Delray Beach, FL 33444
      View Details
    • $1,500,000
      Pending

      Delray Beach Residential Development Opportunity

      Large lot near Atlantic Avenue, ideal for development or multi-generational living.
      2610 Seacrest Blvd, Delray Beach, FL 33444
      View Details
    • $650,000

      Delray Beach Builder Special

      Corner lot near downtown with redevelopment and rental potential.
      821 SW 4Th Ave, Delray Beach, FL 33444
      View Details
    • $1,650,000

      Downtown Delray Beach Commercial Condo

      Pristine 1,138 SF commercial condo in downtown Delray Beach.
      123 NE 2Nd Ave, Delray Beach, FL 33444
      View Details
    • $3,500,000
      3,067 SF

      Prime Delray Beach Investment

      Historic building, high-growth area. Six units, huge potential.
      342 3Rd Ave, Delray Beach, FL 33444
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      4,541 SF

      Warehouse Condo Near I-95

      4,541 SF warehouse condo with offices and ample parking.
      1100 SW 10Th St, Delray Beach, FL 33444
      View Details
    • $25 SF/Yr
      1,375 SF

      Delray Beach Industrial/Warehouse Space

      Industrial/warehouse complex with units ranging from 1,375 to 5,500 SF.
      1240 Tangelo Ter, Delray Beach, FL 33444
      View Details
    • $78 SF/Yr
      1,000 SF

      Downtown Delray Flex Space Available

      Prime Delray Beach Flex Space, 1000 sq ft
      325 2Nd Ave, Delray Beach, FL 33444
      View Details
    • Contact for pricing
      2,683 SF

      Restaurant Endcap Space Available

      2,683 SF restaurant space for lease, ample parking.
      190 SE 5Th Ave, Delray Beach, FL 33444
      View Details
    • Contact for pricing
      1,435 SF

      Retail Space in Delray Beach

      Retail space available for lease in Delray Beach, Florida.
      900 Linton Blvd, Delray Beach, FL 33444
      View Details
    • $5,850 /Mo
      1,220 SF

      Downtown Delray Beach Office Building

      Charming office building in Downtown Delray Beach on Banker's Row.
      Delray Beach, FL 33444
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1250 Wallace Dr Ste L
    Delray Beach, FL 33444-4603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.