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707 N Federal Hwy 2,000 SF Retail Building Delray Beach, FL 33483 $7,625,000 ($3,812.50/SF) 2.43% Cap Rate
EXECUTIVE SUMMARY
Ideal for townhouses/retail.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
C
Year Built
1960
Price
$7,625,000
Price Per SF
$3,812.50
Cap Rate
2.43%
NOI
$185,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.83 AC
Zoning
CBD - Currently zoned for auto sales/service (grandfathered). Prime CBD redevelopment opportunity.
Parking
120 Spaces (60 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-43-46-09-32-000-0120 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,223,831 |
PROPERTY TAXES
Parcel Number
12-43-46-09-32-000-0120
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,223,831
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600 North Ltd
707 N Federal Hwy
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