Property profile

5180 W Atlantic Ave Delray Beach, FL 33484

FOR LEASE
Strip malls
Property ID
US18-2751346
12,105 SF 3.41 ac lot Built 1985
Entity Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction CONCRETE
Total area 12,105 SF
Lot 3.41 ac (148,470 SF)
Zoning code PC
APN 12-42-46-14-00-000-5610
UPID US18-2751346

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5180 W Atlantic Ave Delray Beach, FL 33484
Delray Beach metro Census 5957 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
$3.59M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.16M

Owner & transaction history

since 2019
1 recorded transaction
2019
$3.9M

Zoning & alternative use

PC · Delray Beach, FL
Zoning description

The Planned Commercial (PC) District provides for the establishment of retail, office, and other commercial activities on large sites in a well-planned, functional, and aesthetically pleasing manner; residential is allow…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message