831 Yamato RdBoca Raton, FL 33431

Property Details for 831 Yamato Rd

Year built

1998

Construction

CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

3,245 SF

Zone code

LIRP

Property type

Retail properties

Property subtype

Drive through restaurants

APN

06-43-47-06-17-002-0000

APU

6434706170020000

Description

This 3,245 square foot vacant QSR building sits on a 0.78-acre lot in Boca Raton, Florida, at 831 W Yamato Road. Previously occupied by Wendy's, this property offers redevelopment potential within a thriving commercial corridor. Its Light Industrial and Research Park (LIRP) zoning allows for versatile uses. The location boasts high visibility on Yamato Road, adjacent to Congress Avenue, and benefits from proximity to major employers, including the Boca Raton Innovation Campus (1.7 million square feet), and significant residential communities (Avalon and CERU). The area is densely populated, with over 84,900 people within a 3-mile radius and an average household income exceeding $159,213. Daily traffic counts exceed 63,700 vehicles at the intersection. Furthermore, the property is conveniently located near the Boca Raton Train Station (Tri-Rail), I-95, US Route 1, and several universities (Everglades University, Lynn University, and Florida Atlantic University), creating a strong potential customer base. The surrounding area includes numerous national retailers and restaurants, further enhancing the property's appeal. This prime location presents a unique opportunity for investors seeking a high-traffic, redevelopment project in a desirable market. The single-story building was constructed in 1998.

• CAP approach

  CAP return

  Valuation

  6%

  $1,394,968

  6.5%

  $1,287,662

  7%

  $1,195,686

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,579,956

  Geo Method

  $1,579,956

• Alternative Use

  Use

  Valuation

  Residential

  $1,086,191

  Hospitality

  $994,945

  Educational

  $827,783

  Medical

  $856,252

  Retail

  $1,287,662

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3948

Longitude

-80.1039

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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