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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Showrooms
1300 Wallace Dr Delray Beach, FL 33444-1214
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4889592
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Construction
CONCRETE
Total area
11,404 SF
Lot
0.71 ac (31,102 SF)
Zoning code
MIC
APN
12-43-46-20-19-000-0010
UPID
US18-4889592
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
-
Prosperi Co Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.23M
CAP Approach
CAP
$3.03M
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$3.53M
Owner & transaction history
Angid Holdings INC · 1 yrs held
Angid Holdings INC
since 2025
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
MIC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 in the industrial, manufacturing and trade sectors, with supporting business and professional office functions. Retail uses are appropriate…
Zone name
Mixed Industrial And Commercial
General category
INDUSTRIAL
Zone area
106.12 ac
Source
Realmo
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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
$3,265,000
ML approach
$3,230,000
CAP Approach
CAP Return
Estimation
6%
$3,280,000
6.5%
$3,025,000
7%
$2,810,000
Blend value · Realmo final
$3.53M
Range $3.18M – $3.88M · ±10% · vs last sale $3.90M (May 23 2025)
Last sale anchor
$3.90M
May 23 2025
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
$310 / 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
$39,436
Tax year 2023
Assessed value
$2,049,853
Assessed 2023
Previous assessed
$1,792,460
+14.4% YoY
Effective rate
1.92%
On assessed value
Assessed land
$622,040
Assessed improvement
$1,427,813
Land market value
$622,040
Improvement market value
$1,427,813
Total market value
$2,049,853
Applied tax rate
12,987.0000
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
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
11,404 SF
Lot
0.71 ac (31,102 SF)
Zoning code
MIC
APN
12-43-46-20-19-000-0010
UPID
US18-4889592
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MIC · Delray Beach, FLZoning MIC · permitted uses
MIC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 in the industrial, manufacturing and trade sectors, with supporting business and professional office functions. Retail uses are appropriate on a limited basis, and only as a secondary use within the district
Zone name
Mixed Industrial And Commercial
General category
INDUSTRIAL
Zone area
106.12 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Angid Holdings INC
Entity
Free & Clear · 1 yrs held
Mailing address
1300 WALLACE DR, DELRAY BEACH, FL 33444-1214
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
$3,898,500
Angid Holdings INC
Polly Properties INC
Warranty Deed
—
Mar 7, 2019
—
Polly Properties INC
—
Deed
related
$1,050,000 · Miscellaneous Ins Co
Apr 23, 2003
—
Polly Properties INC
Prosperi,joseph M & Claudette
Quit Claim Deed
related
—
Nov 27, 2000
$165,000
Joseph M Prosperi
Blanford,steven J
Grant Deed
$135,718 · First Union National Bank
—
—
Polly Properties INC
—
Deed Of Trust
related
$1,050,000 · Miscellaneous Ins Co
—
—
Polly Properties INC
—
Deed Of Trust
related
$900,000 · Miscellaneous Ins Co
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.
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