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Property profile & analytics
OFF-MARKET
Estimated value
$15,480,000
Industrial properties
1395 17th Ave Delray Beach, FL 33445-2551
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0138892
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1987
Construction
CONCRETE
Total area
50,782 SF
Lot
4.67 ac (203,552 SF)
Zoning code
PCC
APN
12-43-46-07-31-008-0000
UPID
US18-0138892
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
-
Home & Garden Pest Control Garden Center
-
Eurofins Service Center-DelRay Beach Laboratory
-
iPhone Screen Repair Computer & Electronic Repair Tech Support Center
-
Media Ingenious Corp Media Distribution
-
VIP Bookkepping Solutions Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.48M
Comparable Approach
Comparable
$13.63M
Blend (final)
Blend
$15.48M
Owner & transaction history
Akf3 Sf Light Industrial LLC · 10 yrs held
Akf3 Sf Light Industrial LLC
since 2016
4 recorded transactions
Zoning & alternative use
PCC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The PCC District regulations provide for a mix of light industrial, service industrial, research and development, office, and limited commercial use in an Industrial Park setting which is planned and then controlled through a Master Development Plan
Zone name
Planned Commerce Center
General category
INDUSTRIAL
Zone area
61.70 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,600,000
6.5%
$13,475,000
7%
$12,515,000
Blend value · Realmo final
$15.48M
Range $13.93M – $17.03M · ±10%
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
$305 / 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
$138,033
Tax year 2023
Assessed value
$7,415,690
Assessed 2023
Previous assessed
$5,944,784
+24.7% YoY
Effective rate
1.86%
On assessed value
Assessed land
$3,256,848
Assessed improvement
$4,158,842
Land market value
$3,256,848
Improvement market value
$4,158,842
Total market value
$7,415,690
Applied tax rate
12,984.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
50,782 SF
Lot
4.67 ac (203,552 SF)
Zoning code
PCC
APN
12-43-46-07-31-008-0000
UPID
US18-0138892
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PCC · Delray Beach, FLZoning PCC · permitted uses
PCC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The PCC District regulations provide for a mix of light industrial, service industrial, research and development, office, and limited commercial use in an Industrial Park setting which is planned and then controlled through a Master Development Plan
Zone name
Planned Commerce Center
General category
INDUSTRIAL
Zone area
61.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.67 ac
Current owner
From public records · entity-resolved
Akf3 Sf Light Industrial LLC
Entity
Mailing address
800 BRICKELL AVE STE #701, MIAMI, FL 33131-2967
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2016
$5,550,000
Akf3 Sf Light Industrial LLC
Ktr Delray LLC
Grant Deed
$26,000,000 · Keybank USA
Jan 5, 2015
—
Ktr North Florida LLC|ktr Illinois LLC Etal
—
Loan Modification
related
$230,000,000 · Wells Fargo Bk
Oct 24, 2007
$6,515,000
Ktr Delray LLC
Dnbc Investment LLC
Special Warranty Deed
—
Sep 5, 2000
$2,550,000
Dnbc Investment LLC
Asp Delray LLC
Grant Deed
$2,100,000 · Chase Manhattan Bank
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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