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    16244 Military Trl 525 Delray Beach, FL 33484-6534

    OFF-MARKET Banks Google Maps
    603 SF 1 ac lot Built 1986
    Trust Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Estimated value (blended)
    $185k
    Range $167k – $204k (±10%)
    Property ID US18-3476093

    Property summary

    AI-generated overview

    This exceptional 1,545-square-foot medical office suite is available for immediate occupancy in a highly desirable Delray Beach location. Situated on South Military Trail, directly across from Delray Medical Center and a Super Walmart, this corner unit benefits from excellent visibility and accessibility. Built in 1986, the single-story building offers a bright and spacious layout featuring numerous windows. The suite includes two reception/waiting areas, an administrative space, seven exam rooms, a lab area, two bathrooms, and ample storage. Two separate entrances enhance convenience. The property sits on 1.46 acres and does not include elevators. The lease is for a minimum of 1,545 square feet, and the space is suitable for multiple tenants. The rental rate is $26.00 per square foot, plus $10.00 per square foot for operating expenses. Utilities are the responsibility of the tenant. This exceptional opportunity won't last long. Contact us today to schedule a viewing.

    Property profile

    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1986
    Construction CONCRETE BLOCKS
    Total area 603 SF
    Lot 1 ac (43,560 SF)
    APN 12-42-46-25-12-005-5250
    UPID US18-3476093

    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
    • Physician
    • Physician Medical Clinic
    • Physician Medical Clinic
    • Physician Medical Clinic
    • Physician
    5 occupants on record

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $185k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $185k

    Owner & transaction history

    since 2020
    6 recorded transactions
    2020
    Price N/A
    2018
    Price N/A
    1969
    Price N/A
    1969
    Price N/A
    1969
    Price N/A
    1969
    Price N/A

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $190,000
      1,152 SF
      5353 Atlantic Ave, Unit D-1
      FINANCIAL BUILDING
      5353 Atlantic Ave, Delray Beach, FL 33484-8174
      View Details
    • Value Estimation
      $180,000
      534 SF
      16244 Military Trl Ste, Unit 130
      FINANCIAL BUILDING
      16244 Military Trl Ste, Delray Beach, FL 33484-6505
      View Details
    • Value Estimation
      $180,000
      1,046 SF
      5210 Linton Blvd Ste, Unit 202
      FINANCIAL BUILDING
      5210 Linton Blvd Ste, Delray Beach, FL 33484-6537
      View Details
    • Value Estimation
      $270,000
      1,673 SF
      5210 Linton Blvd Ste, Unit 301
      FINANCIAL BUILDING
      5210 Linton Blvd Ste, Delray Beach, FL 33484-6537
      View Details
    • Value Estimation
      $165,000
      576 SF
      16244 Military Trl Ste, Unit 320
      FINANCIAL BUILDING
      16244 Military Trl Ste, Delray Beach, FL 33484-6505
      View Details
    • Value Estimation
      $185,000
      1,125 SF
      5353 Atlantic Ave Ste, Unit 403
      FINANCIAL BUILDING
      5353 Atlantic Ave Ste, Delray Beach, FL 33484-8178
      View Details

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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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