Technical
Financial
Distress signals
Property profile

201 2nd Ave Delray Beach, FL 33483

OFF-MARKET
Strip malls
Property ID
US18-3726081
3,952 SF 0.15 ac lot Built 1973
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Construction CONCRETE
Total area 3,952 SF
Lot 0.15 ac (6,538 SF)
Zoning code CBD
APN 12-43-46-16-04-087-0010
UPID US18-3726081

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
  • (Bike/Boat/Book/etc) Store

Location

201 2nd Ave Delray Beach, FL 33483-4546
Delray Beach metro Census 6502 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
$1.17M
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2004
7 recorded transactions
2018
Price N/A
2016
Price N/A
2004
$500,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Delray Beach, FL
Zoning description

The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…

General category COMMERCIAL

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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