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    Property profile & analytics

    509 Industrial Ave Boynton Beach, FL 33426-3644

    • Auto shops
    • 4,200 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US18-5550130
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Noted Automotive / Auto Repair Shop
    • The Crafty Carpentress / Woodworker / Carpenter
    • Mike's Automotive - For Sale! / Auto Repair Shop / Auto Electrical Service

    Property Details for 509 Industrial Ave

    Year built
    1971
    Construction
    CONCRETE
    Lot size
    0.18 lot acres
    Property size
    4,200 SF
    Zone code
    M1
    Property type
    Auto shops
    APN
    08-43-45-20-02-000-0140
    APU
    8434520020000140

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $395,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $335,000
      Mixed-Use
      $370,000
      Hospitality
      $320,000
      Educational
      $365,000
      Residential Income
      $380,000
      Energy
      $380,000
      Income-Based Land
      $290,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0757
    Latitude
    26.5311
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,694
    $239,100
    $253,766
    $492,866
    -
    $239,100
    $253,766
    $492,866

    Comparable in this City

    • Value Estimation by Request
      3,072 SF

      1620 Congress Ave

      AUTO REPAIR, GARAGE • 3,072 SF
      1620 Congress Ave, Boynton Beach, FL 33426-6544
      View Details
    • Value Estimation
      $430,000
      3,554 SF

      617 Industrial Ave

      AUTO REPAIR, GARAGE • 3,554 SF
      617 Industrial Ave, Boynton Beach, FL 33426-3648
      View Details
    • Value Estimation
      $705,000
      20,675 SF

      805 Congress Ave

      AUTO REPAIR, GARAGE • 20,675 SF
      805 Congress Ave, Boynton Beach, FL 33426-3302
      View Details
    • Value Estimation
      $350,000
      1,922 SF

      505 Industrial Ave

      AUTO REPAIR, GARAGE • 1,922 SF
      505 Industrial Ave, Boynton Beach, FL 33426-3644
      View Details
    • Value Estimation
      $345,000
      1,800 SF

      520 Industrial Ave

      AUTO REPAIR, GARAGE • 1,800 SF
      520 Industrial Ave, Boynton Beach, FL 33426-3657
      View Details
    • Value Estimation
      $350,000
      2,034 SF

      359 Industrial Ave

      AUTO REPAIR, GARAGE • 2,034 SF
      359 Industrial Ave, Boynton Beach, FL 33426-3620
      View Details

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    Similar Nearby for Lease

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      Retail space available in Palm Beach County with high visibility.
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    • $24 SF/Yr
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      Retail spaces available near Boynton Beach Mall and Interstate-95.
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      Retail space available in Boynton Beach's main retail corridor.
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      Boynton Beach Retail Space For Lease

      1,420 SF Retail Space Available Now
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      View Details
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    Boynton Beach, FL 33426-3644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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