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Property profile & analytics
OFF-MARKET Estimated value $515,000
Drive through restaurants

831 Yamato Rd Boca Raton, FL 33431-4423

3,245 SF 0.78 ac lot Built 1998
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-4836599
Property summary
AI-generated overview

This 3,245 square foot vacant QSR building sits on a 0.78-acre lot in Boca Raton, Florida, at 831 W Yamato Road. Previously occupied by Wendy's, this property offers redevelopment potential within a thriving commercial corridor. Its Light Industrial and Research Park (LIRP) zoning allows for versatile uses. The location boasts high visibility on Yamato Road, adjacent to Congress Avenue, and benefits from proximity to major employers, including the Boca Raton Innovation Campus (1.7 million square feet), and significant residential communities (Avalon and CERU). The area is densely populated, with over 84,900 people within a 3-mile radius and an average household income exceeding $159,213. Daily traffic counts exceed 63,700 vehicles at the intersection. Furthermore, the property is conveniently located near the Boca Raton Train Station (Tri-Rail), I-95, US Route 1, and several universities (Everglades University, Lynn University, and Florida Atlantic University), creating a strong potential customer base. The surrounding area includes numerous national retailers and restaurants, further enhancing the property's appeal. This prime location presents a unique opportunity for investors seeking a high-traffic, redevelopment project in a desirable market. The single-story building was constructed in 1998.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1998
Construction CONCRETE
Total area 3,245 SF
Lot 0.78 ac (34,016 SF)
Zoning code LIRP
APN 06-43-47-06-17-002-0000
UPID US18-4836599
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
  • Progressive Auto Insurance Insurance Agency
  • Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$559k
Blend (final) Blend
$515k
Owner & transaction history
Colonial Suites INC · 11 yrs held
Colonial Suites INC
since 2014
1 recorded transaction
2014
$3.5M
Zoning & alternative use
LIRP · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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