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    Property profile & analytics

    1302 Wallace Dr Delray Beach, FL 33444-1214

    • Office buildings
    • 2,452 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Apr 21, 2025
    $328,000
    Location Intelligence
    Property ID
    US18-4277511
    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

    • Synergy Bill Pro / Medical Billing Service
    • Branstetter Tax & Accounting Services, Inc. / Tax Preparation Service

    Property Details for 1302 Wallace Dr

    Year built
    2017
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property size
    2,452 SF
    Zone code
    MIC
    Property type
    Office buildings
    APN
    12-43-46-20-19-000-0020
    APU
    12434620190000020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $385,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $335,000
      Mixed-Use
      $385,000
      Hospitality
      $355,000
      Educational
      $335,000
      Residential Income
      $340,000
      Energy
      $315,000
      Income-Based Land
      $375,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0855
    Latitude
    26.4428
    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
    $18,069
    $526,080
    $424,825
    $950,905
    -
    $526,080
    $424,825
    $950,905

    Comparable in this City

    • Value Estimation by Request
      2,208 SF

      334 3rd Ave

      OFFICE BUILDING (MULTI-STORY) • 2,208 SF
      334 3rd Ave, Delray Beach, FL 33444-3812
      View Details
    • Value Estimation by Request
      2,348 SF

      229 George Bush Blvd

      OFFICE BUILDING (MULTI-STORY) • 2,348 SF
      229 George Bush Blvd, Delray Beach, FL 33444-4034
      View Details
    • Value Estimation by Request
      5,646 SF

      275 George Bush Blvd

      OFFICE BUILDING (MULTI-STORY) • 5,646 SF
      275 George Bush Blvd, Delray Beach, FL 33444-4034
      View Details
    • Value Estimation
      $5,065,000
      18,400 SF

      1215 Wallace Dr

      OFFICE BUILDING (MULTI-STORY) • 18,400 SF
      1215 Wallace Dr, Delray Beach, FL 33444-4600
      View Details
    • Value Estimation by Request
      2,000 SF

      241 18th Ave

      OFFICE BUILDING (MULTI-STORY) • 2,000 SF
      241 18th Ave, Delray Beach, FL 33444-1683
      View Details
    • Value Estimation by Request
      4,258 SF

      151 1st Ave

      OFFICE BUILDING (MULTI-STORY) • 4,258 SF
      151 1st Ave, Delray Beach, FL 33444-2611
      View Details

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    Similar Nearby for Lease

    • New
      $1,695,000
      1,620 SF

      Delray Beach Office/Professional Space

      Two-building office space in prime, walkable Delray Beach location.
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      View Details
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      Charming office building in the heart of Downtown Delray Beach.
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      Atlantic Avenue Mixed-Use Building

      Versatile space for restaurant, bar, retail, or office operations.
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    • $60 SF/Yr
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      Delray Beach Office Space Available

      Office space available for lease in Delray Beach, Florida.
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    • $1,350 /Mo

      Delray Beach Executive Office Space

      Executive office space in the heart of Delray Beach.
      401 W Atlantic Ave, Delray Beach, FL 33444
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    • $28 SF/Yr
      9,280 SF

      Delray Beach Office Space for Lease

      9,280 SF Office, 2,230 SF Vacant
      525 3Rd Ave, Delray Beach, FL 33444
      View Details
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    Delray Beach, FL 33444-1214
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    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
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