Property profile

1949 2nd Ave Boca Raton, FL 33432

OFF-MARKET
Strip malls
Property ID
US18-4184611
3,031 SF 1.08 ac lot Built 1960
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a retail space located in Boca Raton, Florida, with a total area of 2,640 square feet. The space is configured and suitable for retail use.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Construction CONCRETE
Total area 3,031 SF
Lot 1.08 ac (46,871 SF)
Zoning code B-1
APN 06-43-47-17-28-019-0030
UPID US18-4184611

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
  • Postal Service Courier Service
  • Restaurant
  • Shopping Center & Mall

Location

1949 2nd Ave Boca Raton, FL 33432-1608
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
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$367k
Blend (final) Blend
$585k

Owner & transaction history

since 2015
2 recorded transactions
2015
$2.2M
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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