Property profile

550 Industrial Way Boynton Beach, FL 33426

OFF-MARKET
Showrooms
Property ID
US18-5133915
6,000 SF 0.39 ac lot Built 1990
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1990
Construction CONCRETE
Total area 6,000 SF
Lot 0.39 ac (16,971 SF)
Zoning code M1
APN 08-43-45-16-25-000-0130
UPID US18-5133915

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
  • Storage Facility Parking Lot & Garage
  • Building Supply Hardware & Home Improvement

Location

550 Industrial Way Boynton Beach, FL 33426-8703
Boynton Beach metro Census 5821 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.61M
CAP Approach CAP
$1.59M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.42M

Owner & transaction history

since 2023
Last sale
$1.7M
5 recorded transactions
2023
$1.7M
2013
$540,000
2005
$223,665
2000
$375,000
1969
Price N/A

Zoning & alternative use

M1 · Boynton Beach, FL
Zoning description

dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding…

General category INDUSTRIAL
Top alternative use upside
Retail stores $2.4M +35.4%
Neighborhood: shopping center $2.4M +32.0%
Medical building $2.4M +31.7%

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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