Property profile

1580 2nd Ave Boca Raton, FL 33432

OFF-MARKET
Strip malls
Property ID
US18-3424657
9,012 SF 0.86 ac lot Built 1974
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A retail space totaling 1,350 square feet is located in Boca Raton, Florida.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Construction WOOD
Total area 9,012 SF
Lot 0.86 ac (37,597 SF)
Zoning code B-1
APN 06-43-47-17-29-013-0120
UPID US18-3424657

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Medical Clinic Skin Care Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • (Bike/Boat/Book/etc) Store
  • Nail Salon

Location

1580 2nd Ave Boca Raton, FL 33432-1665
Boca Raton metro Census 7205 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.01M
Blend (final) Blend
$1.45M

Owner & transaction history

since 2016
4 recorded transactions
2016
$2.0M
2002
$950,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-1 · Boca Raton, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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