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Property profile & analytics
FOR SALE
Commercial land
8760 Atlantic Ave Delray Beach, FL 33446
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3168057
No photos on file
For Sale
Contact for pricing
8760 Atlantic Ave, Delray Beach, FL 33446
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1957
Construction
WOOD FRAME
Total area
1,440 SF
Lot
9.63 ac (419,304 SF)
Zoning code
AGR-PUD
APN
00-42-46-20-01-000-0130
UPID
US18-3168057
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.85M
Owner & transaction history
Pebb Atlantic II LLC · 5 yrs held
Pebb Atlantic II LLC
since 2020
Last sale
$2.1M
3 recorded transactions
Zoning & alternative use
AGR-PUD · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+25.4%
Retail stores
$1.3M
+22.8%
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±10% · vs last sale $2.10M (Dec 28 2020)
Last sale anchor
$2.10M
Dec 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,281 / SF
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
$62,509
Tax year 2023
Assessed value
$5,870,242
Assessed 2023
Previous assessed
$4,091,008
+43.5% YoY
Effective rate
1.06%
On assessed value
Assessed land
$5,870,242
Land market value
$5,870,242
Total market value
$5,870,242
Applied tax rate
355.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1957
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,440 SF
Lot
9.63 ac (419,304 SF)
Zoning code
AGR-PUD
APN
00-42-46-20-01-000-0130
UPID
US18-3168057
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
AGR-PUD · Delray Beach, FLZoning AGR-PUD · permitted uses
AGR-PUD · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Lot
9.63 ac
Current owner
From public records · entity-resolved
Pebb Atlantic II LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7900 GLADES RD STE #600, BOCA RATON, FL 33434-4105
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
$2,100,000
Pebb Atlantic II LLC
Us Landvest Corp
Warranty Deed
—
Mar 6, 2020
$75,000
Atlantic USA Dev LLC
Us Land
Warranty Deed
—
—
—
Atlantic USA Dev LLC
—
Deed Of Trust
related
$225,000 · Atlantic Cap Asset Mgmt LLC
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.
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?”
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