Technical
Financial
Distress signals
Property profile

85 5th Ave Delray Beach, FL 33444

OFF-MARKET
Strip malls
Property ID
US18-0310091
2,950 SF 0.33 ac lot Built 2005
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE
Total area 2,950 SF
Lot 0.33 ac (14,379 SF)
Zoning code CBD
APN 12-43-46-17-06-029-0300
UPID US18-0310091

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
  • Association / Organization
  • Alternative Medicine Practice Spa & Massage Center
  • Medical Clinic Skin Care Clinic
  • Tanning Salon
  • Spa & Massage Center Alternative Medicine Practice

Location

85 5th Ave Delray Beach, FL 33444-2511
Delray Beach metro Census 6802 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
$875k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M

Owner & transaction history

since 2020
Last sale
$850,000
7 recorded transactions
2021
Price N/A
2020
$850,000
2016
Price N/A
2005
Price N/A
2003
$55,000
2000
$75,600
1997
$15,000

Zoning & alternative use

CBD · Delray Beach, FL
Zoning description

The Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown Delray Beach and simultaneously provide for the stimulation and enhancement of the vitality and eco…

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
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