Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1471 Hillsboro Blvd Deerfield Beach, FL 33442-1601

    • Warehouses
    • 66,516 SF
    • 3.58 lot acres
    OFF-MARKET
    Last Sale
    Jan 31, 2022
    $15,210,000
    Value Estimations
    $13,485,000
    Show details
    Cap Rate Potential
    5.7%
    Warehouses
    Location Intelligence
    Property ID
    US18-4824459
    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

    • Warehouses

    Property Details for 1471 Hillsboro Blvd

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    3.58 lot acres
    Property size
    66,516 SF
    Zone code
    B-3
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    48-42-02-00-0054
    APU
    484202000054

    Description

    This ±30,800 square foot warehouse is located at 1471 W Hillsboro Boulevard in Deerfield Beach, Florida, 33442. The property features approximately 1,600 square feet of office space, offering a versatile layout for various business needs. The warehouse boasts a clear height of 20 feet and column spacing of 35 feet by 44 feet, providing ample room for storage and operations. Power is supplied by 480v, 3-phase, 400 amp service. Loading is facilitated by four dock-high doors, most equipped with levelers, and one ground-level ramp. The property is zoned B-3 and sits on a lot with dimensions not specified in the provided information. A significant advantage is the property's high visibility, with 416 linear feet of frontage on Hillsboro Boulevard, a road with a reported 41,000 vehicles per day. This prime location offers excellent access and exposure for any business. The property is a single-tenant building with one suite. The APN is 484202000054. This warehouse presents a compelling opportunity for businesses seeking a well-equipped space in a high-traffic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $13,620,000
      ML approach
      $10,330,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $12,990,000
      6.5%
      $11,990,000
      7%
      $11,135,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $11,396,000
      Market price range: $3.25M - $20.1M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $21,600,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1234
    Latitude
    26.3187
    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
    $247,749
    $1,404,900
    $10,013,360
    $11,418,260
    -
    $1,404,900
    $10,013,360
    $11,418,260

    Comparable in this City

    • Value Estimation
      $14,895,000
      94,628 SF

      150 Powerline Rd

      MINI-WAREHOUSE, STORAGE • 94,628 SF
      150 Powerline Rd, Deerfield Beach, FL 33442-8101
      View Details
    • Value Estimation
      $8,010,000
      51,376 SF

      1375 Hillsboro Blvd

      MINI-WAREHOUSE, STORAGE • 51,376 SF
      1375 Hillsboro Blvd, Deerfield Beach, FL 33442-1719
      View Details
    • Value Estimation
      $3,250,000
      13,446 SF

      200 Lck Rd

      MINI-WAREHOUSE, STORAGE • 13,446 SF
      200 Lck Rd, Deerfield Beach, FL 33442-1516
      View Details
    • Value Estimation
      $3,180,000
      13,896 SF

      3401 10th St

      MINI-WAREHOUSE, STORAGE • 13,896 SF
      3401 10th St, Deerfield Beach, FL 33442
      View Details
    • Value Estimation
      $2,885,000
      11,246 SF

      950 Powerline Rd

      MINI-WAREHOUSE, STORAGE • 11,246 SF
      950 Powerline Rd, Deerfield Beach, FL 33442-8117
      View Details
    • Value Estimation
      $9,620,000
      52,104 SF

      3350 10th St

      MINI-WAREHOUSE, STORAGE • 52,104 SF
      3350 10th St, Deerfield Beach, FL 33442-5943
      View Details

    Similar Nearby for Sale

    • $799,999
      Pending

      Office/Warehouse in Gated Park

      Office/warehouse with impact windows, 3-phase power, new roof.
      3434 SW 15Th St, Deerfield Beach, FL 33442
      View Details
    • $495,000

      Free Standing Building Half Ownership

      Unique building with storefront, office, and warehouse potential.
      324 S Powerline Rd, Deerfield Beach, FL 33442
      View Details
    • $289,000

      Doublewide Mobile Home in Park

      Elegant mobile home in a sought-after park with water access.
      413 Hibiscus Dr, Deerfield Beach, FL 33442
      View Details
    • $299,000

      Established Specialty Market Business Opportunity

      Turnkey specialty market business with loyal clientele and growth potential.
      2777 W Hillsboro Blvd, Deerfield Beach, FL 33442
      View Details
    • $1,890,000

      NNN-Leased Medical Office Asset

      Fully stabilized, single-tenant medical office in Deerfield Beach, Florida.
      372-378 S Powerline Rd, Deerfield Beach, FL 33442
      View Details
    • Contact for pricing
      290,503 SF

      Sub-Lease Office Space Available

      Campus-style office space for sub-lease in Deerfield Beach, Florida.
      333 SW 12Th Ave, Deerfield Beach, FL 33442
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,315 SF

      Industrial Warehouse Space For Rent

      6,315 SF warehouse space available for lease.
      730 S Powerline Rd, Deerfield Beach, FL 33442
      View Details
    • $24 SF/Yr

      Deerfield Warehouses: Industrial Space Available

      Industrial warehouse space for lease in Deerfield Beach, Florida.
      1471 SW 30Th Ave, Deerfield Beach, FL 33442
      View Details
    • $16 SF/Yr
      45,250 SF

      Flex/Industrial Space Near I-95

      Flex/Industrial space for lease near I-95 and W. Hillsboro Blvd.
      1020 NW 6Th St, Pompano Beach, FL 33442
      View Details
    • Contact for pricing
      4,843 SF

      Office/Warehouse Flex Space Available

      Office/warehouse flex space in Deerfield Business Center. Easy I-95 access.
      410 S Military Trl, Deerfield Beach, FL 33442
      View Details
    • Contact for pricing
      48,890 SF

      Deerfield Beach Warehouse Space

      Available warehouse space in Deerfield Beach, Florida.
      198 Lock Rd, Deerfield Beach, FL 33442
      View Details
    • $19 SF/Yr
      45,250 SF

      1020 6Th Ave

      Distribution properties • 45,250 SF
      1020 6Th Ave, Deerfield Beach, FL 33442
      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.
    1471 Hillsboro Blvd
    Deerfield Beach, FL 33442-1601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!