9940 Yamato RdBoca Raton, FL 33434

  • Retail properties
  • 15,457 SF
For Lease

Property Details for 9940 Yamato Rd

Year built
2009
Construction
CONCRETE
Lot size
1.56 AC
Property size (Sq ft)
15,457 SF
Zone code
MUPD
Property type
Retail properties
Property subtype
Drug stores
APN
00-42-47-07-22-001-0030
APU
424707220010030

Description

This exceptional 5,000-square-foot free-standing office building presents a unique opportunity for a single tenant in the desirable Boca Raton, Florida market. Located at 9940 Yamato Road, in Palm Beach County, this property offers a flexible space ideal for medical or executive office use. The entire building is currently vacant, providing immediate occupancy for a discerning business. The building's total square footage is 5,000 square feet, offering ample room for expansion and customization to meet specific operational needs. The property's single-tenant occupancy ensures privacy and control over the entire space. Its strategic location in Boca Raton provides easy access to major roadways, ensuring convenient commutes for employees and clients alike. The building is fully built-out, eliminating the need for extensive renovations or construction, allowing for a quick and efficient move-in process. This turnkey solution is perfect for businesses seeking a high-quality, well-located office space in a thriving South Florida community. The 33434 zip code offers excellent access to amenities and a strong local workforce. This is an exceptional opportunity to secure a prominent location for your business in a highly sought-after area. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,440,226
    6.5%
    $5,021,748
    7%
    $4,663,051
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,525,846
    Geo Method
    $7,525,846
  • Alternative Use

    Use
    Valuation
    Residential
    $4,236,032
    Hospitality
    $3,880,182
    Educational
    $3,228,266
    Medical
    $3,339,291
    Retail
    $5,021,748
9940 Yamato Rd, Boca Raton, Florida

Location Insight

City
Boca Raton
County
Palm Beach
State
Florida
Latitude
26.3934
Longitude
-80.2029
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$92,513
$2,710,161
$2,715,703
$5,425,864
-
$2,710,161
$2,715,703
$5,425,864

FAQs

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