Technical
Financial
Distress signals
Property profile

1585 Congress Ave Delray Beach, FL 33445

OFF-MARKET
Community centers
Property ID
US18-4153910
2,995 SF 8.41 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Construction WOOD
Total area 2,995 SF
Lot 8.41 ac (366,187 SF)
Zoning code MROC
APN 12-43-46-19-38-001-0000
UPID US18-4153910

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
  • Mobile Phone Store Electronics & Wireless Store

Location

1585 Congress Ave Delray Beach, FL 33445-6325
Delray Beach metro Census 6908 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
$885k
Comparable Approach Comparable
$433k
Blend (final) Blend
$650k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MROC · Delray Beach, FL
Zoning description

The MROC District regulations provide for a transit-supportive, pedestrian-friendly mix of residential, office, and commercial uses in a master-planned environment

General category MIXED_USE

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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