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Property profile & analytics
OFF-MARKET
Auto shops
617 Industrial Ave Boynton Beach, FL 33426-3648
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2675541
Property summary
AI-generated overview
This exceptional Boynton Beach industrial property, located at 617 W Industrial Ave, 33426, offers two available warehouse spaces within a larger 6,550 square foot building. Each space provides ample room, ranging from 512 to 1,024 square feet. The building is classified as Class B and situated in the thriving Boynton Beach Submarket of Palm Beach County, Florida. The property boasts a park-like atmosphere and benefits from convenient access to I-95, making it strategically located for efficient transportation. Units feature grade-level and standard entry doors, catering to a variety of light industrial users, including makers, creatives, tradespeople, and contractors. The property is professionally managed, with regular landscaping and porter services ensuring a clean and well-maintained environment. This premium small bay industrial offering is ideal for businesses seeking a sophisticated and functional workspace in a vibrant location. The property is part of the growing Boynton Beach Arts & Entertainment District.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1982
Construction
CONCRETE
Total area
3,554 SF
Lot
0.36 ac (15,481 SF)
Zoning code
M1
APN
08-43-45-20-02-002-0080
UPID
US18-2675541
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
-
Tip Top Sliding Doors Repair General Contractor Renovation Specialist
-
Thunder Autosports Auto Repair Shop
-
N & D Auto Body & Painting Auto Repair Shop
-
Rim Repair Florida Auto Repair Shop
-
Illumination Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Peq Boynton Tm LLC · 3 yrs held
Peq Boynton Tm LLC
since 2023
6 recorded transactions
Zoning & alternative use
M1 · Boynton 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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,383
Tax year 2023
Assessed value
$637,529
Assessed 2023
Previous assessed
$466,085
+36.8% YoY
Effective rate
1.94%
On assessed value
Assessed land
$340,582
Assessed improvement
$296,947
Land market value
$340,582
Improvement market value
$296,947
Total market value
$637,529
Applied tax rate
8,983.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,554 SF
Lot
0.36 ac (15,481 SF)
Zoning code
M1
APN
08-43-45-20-02-002-0080
UPID
US18-2675541
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M1 · Boynton Beach, FL
Zoning M1 · permitted uses
M1 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boynton Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Peq Boynton Tm LLC
Entity
Mailing address
1127 SE 2ND ST, BOYNTON BEACH, FL 33435-6017
Ownership since
2023
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 24, 2023
$1,050,000
Peq Boynton Tm LLC
617 W Ind LLC
Warranty Deed
$773,500 · Pacific National Bank
Mar 29, 2022
$825,000
617 W Ind LLC
Danijel Jacques
Warranty Deed
—
Sep 27, 2021
—
Daniel Jacques
Daniel Jacques
Deed
related
—
Apr 15, 2016
—
Mignano Auto LLC
Mignano,joseph
Quit Claim Deed
related
—
Mar 7, 2016
—
Joseph Mignano
Mignano,joseph
Quit Claim Deed
—
Aug 17, 2015
—
Mignano,anthony Trust
Mignano,anthony
Quit Claim Deed
related
—
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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