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Property profile & analytics
OFF-MARKET Estimated value $3,660,000
Strip malls

2000 Federal Hwy Delray Beach, FL 33483-6010

12,410 SF 1.03 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-4404853
Property summary
AI-generated overview

This exceptional Delray Beach commercial property, located at 2000 N Federal Hwy, offers 8,000 square feet of vacant executive office space on the second floor. The building, constructed in 1975, boasts a total of 29,588 square feet across two stories, situated on a 1.03-acre lot. The available space is divisible, with office units ranging from 500 to 4,000 square feet, providing flexibility for various business needs. The property features a 10-foot ceiling height and is zoned GC (city). The property's convenient location in Delray Beach, Florida (zip code 33483), offers excellent accessibility and visibility. This single-tenant property is ideal for a company seeking a prominent presence in a thriving market. The asking rent is $25 per square foot, plus a CAM charge of $4.60 per square foot. The Palm Beach County property (APN: 12434604000007060) presents a unique opportunity for businesses seeking high-quality office space in a desirable location. The property is classified as both retail and office, offering a versatile space adaptable to a range of commercial uses. This is a rare opportunity to secure a significant amount of office space in a well-established building.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1975
Construction CONCRETE
Total area 12,410 SF
Lot 1.03 ac (45,063 SF)
Zoning code GC
APN 12-43-46-04-00-000-7060
UPID US18-4404853
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aloha Dry Cleaners & Alterations General Contractor Renovation Specialist
  • Casa Mannabliss Gym & Fitness Center
  • Absholdings II Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.62M
CAP Approach CAP
$3.68M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.66M
Owner & transaction history
Palm Trail Luxury Homes LLC · 3 yrs held
Palm Trail Luxury Homes LLC
since 2022
Last sale
$3.7M
7 recorded transactions
2024
Price N/A
2022
$3.7M
2021
$2.9M
2020
Price N/A
2018
Price N/A
2005
$2.9M
2004
$2.3M
Zoning & alternative use
GC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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