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Property profile & analytics
OFF-MARKET
Estimated value
$11,310,000
Community centers
5024 Atlantic Ave Delray Beach, FL 33484-8129
Entity Owned
~
Est. High Equity
Property ID
US18-5460049
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1981
Construction
CONCRETE
Total area
8,666 SF
Lot
7.21 ac (314,220 SF)
Zoning code
PC
APN
12-42-46-14-24-001-0000
UPID
US18-5460049
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
-
The Joint Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.96M
Blend (final)
Blend
$11.31M
Owner & transaction history
30 Realty LLC
30 Realty LLC
since 2026
Last sale
$10.5M
6 recorded transactions
Zoning & alternative use
PC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$12,415,000
ML approach
$11,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,870,000
Current use
RETAIL STORES
$7,710,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$11.31M
Range $10.18M – $12.44M · ±10% · vs last sale $10.50M (May 27 2021)
Last sale anchor
$10.50M
May 27 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,305 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$267,355
Tax year 2023
Assessed value
$12,759,856
Assessed 2023
Previous assessed
$14,670,967
-13.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$5,388,856
Assessed improvement
$7,371,000
Land market value
$5,388,856
Improvement market value
$7,371,000
Total market value
$12,759,856
Applied tax rate
12,985.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
8,666 SF
Lot
7.21 ac (314,220 SF)
Zoning code
PC
APN
12-42-46-14-24-001-0000
UPID
US18-5460049
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PC · Delray Beach, FL
Zoning PC · permitted uses
PC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.9M
RETAIL STORES
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
7.21 ac
Current owner
From public records · entity-resolved
30 Realty LLC
Entity
Mailing address
7900 GLADES RD STE #600, BOCA RATON, FL 33434-4105
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
$30,000,000
30 Realty LLC
Kp Delray LLC
Special Warranty Deed
$17,278,160 · Seacoast National Bank
May 27, 2021
$10,500,000
Kp Delray LLC
Topvalco INC
Special Warranty Deed
—
Jul 31, 2018
$15,000,000
Topvalco INC
Mall5020 LLC
Grant Deed
—
Jul 2, 2015
$10,750,000
Mall 5020 LLC
Delray Commons LLC
Grant Deed
$6,000,000 · Sabadell United Bk NA
Oct 20, 2003
—
Delray Commons LLC
Pebb Enterprises Delray Common
Quit Claim Deed
related
—
—
—
Delray Commons LLC
—
Deed Of Trust
related
$53,636 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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