Property profile

240 Congress Ave Delray Beach, FL 33445

OFF-MARKET
Distribution centers
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Property ID
US18-0278029
24,747 SF 1.38 ac Built 1986
Last sale Mar 2006·$2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$65k
Tax billed · 2023
Assessed value$3.50M
Assessed land$875k
Assessed improvement$2.63M
Effective rate1.86%

Value estimate

· Nov 2026
$3.54M
$3.18M – $3.89M
Submarket $/SF estimate$2.28M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$342/SF
County average, outlier-cleaned · 342 recorded sales of this use type
Observed band · Q1–Q3$195 – $629
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MIC
The Mixed Industrial and Commercial (MIC) District is created to provide for a mix of industrial, commercial, and office use in a single ...
General categoryINDUSTRIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant37.7
Realty agency35.2
Law Firm25.3

Location

240 Congress Ave Delray Beach, FL 33445-3415
County assessor Recorded deeds · 5 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2101 Congress, Delray Beach, FL 33445-7307 $21,875,000 Jul 2024 8,400 SF
245 Congress, Delray Beach, FL 33445-3418 $2,400,000 Sep 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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