Property profile

6190 Federal Hwy Boca Raton, FL 33487

OFF-MARKET
Strip malls
Property ID
US18-1264013
7,128 SF 0.55 ac lot Built 1980
Individually Owned 22-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail property, located at 6190 North Federal Highway in Boca Raton, Florida, offers a fantastic opportunity for businesses seeking a vibrant location. The building, a single-story Class B structure built in 1980 and extensively renovated in 2023, boasts a total of 7,128 square feet. Currently, 1,440 square feet of retail space is available for lease, perfect for a variety of commercial uses. The property sits on a 0.55-acre lot and provides abundant parking for customers and employees. Utilities are serviced by Florida Power & Light (FPL). The building is conveniently located near the Yamato Cross Street, within the West Palm Beach submarket of Palm Beach County. Its Commercial zoning allows for a wide range of business types. While the building does not include elevators, its single-story design ensures easy accessibility. This prime location in Boca Raton offers excellent visibility and accessibility, making it an ideal choice for businesses looking to establish or expand their presence in this thriving market. The recent renovation ensures modern amenities and a well-maintained property. Don't miss this chance to secure a space in this desirable location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction CONCRETE
Total area 7,128 SF
Lot 0.55 ac (24,002 SF)
Zoning code R-B-1
APN 06-43-47-05-02-018-0030
UPID US18-1264013

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
  • (Bike/Boat/Book/etc) Store
  • Home Appliance Store
  • Gym & Fitness Center

Location

6190 Federal Hwy Boca Raton, FL 33487-3939
Boca Raton metro Census 7301 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
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.14M

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
1969
Price N/A

Zoning & alternative use

R-B-1 · Boca Raton, FL

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?”
You own 6190 Federal Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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