104 20Th StBoca Raton, FL 33431

Property Details for 104 20Th St

Year built

1955

Construction

CONCRETE

Lot size

0.51 AC

Property size (Sq ft)

10,560 SF

Zone code

M-2

Property type

Showrooms

APN

06-43-47-17-11-005-0081

APU

6434717110050081

Description

This exceptional 10,560-square-foot showroom is ideally situated in the heart of Boca Raton, Florida, at 104 NW 20th Street, zip code 33431. Located in Palm Beach County, this single-tenant retail space offers an unparalleled opportunity for businesses seeking a prestigious location to showcase their products or services. The property boasts an abundance of natural light, flooding the interior with brightness and enhancing the overall ambiance. The spacious layout provides ample room for displays, creating an inviting and sophisticated environment for customers. Its prime location within Boca Raton ensures high visibility and accessibility, benefiting from the area's upscale lifestyle and affluent demographic. This showroom represents a unique chance to establish a prominent presence in a thriving market, capitalizing on the area's reputation for luxury and convenience. The property is categorized as a retail showroom and is available as a single-tenant occupancy. Its precise coordinates are latitude 26.3674033 and longitude -80.0856708. The property's size and location make it an attractive option for businesses seeking a high-impact retail presence in a desirable market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,539,555

  6.5%

  $4,190,358

  7%

  $3,891,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,141,550

  Geo Method

  $5,141,550

• Alternative Use

  Use

  Valuation

  Residential

  $3,534,724

  Hospitality

  $3,237,788

  Educational

  $2,693,802

  Medical

  $2,786,446

  Retail

  $4,190,358

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3673

Longitude

-80.0857

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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