10055 Yamato RdBoca Raton, FL 33498

Property Details for 10055 Yamato Rd

Year built

1997

Construction

CONCRETE

Lot size

1.30 AC

Property size (Sq ft)

11,340 SF

Zone code

MUPD

Property type

Office buildings

APN

00-41-47-01-38-003-0000

APU

414701380030000

Description

This exceptional executive office building, situated at 10055 Yamato Road in Boca Raton, Florida, presents a lucrative investment opportunity. Constructed in 1997 and completely renovated in 2019, the building boasts a prime location at the Northwest corner of Yamato Road and SR 441. Currently operating at 95-100% occupancy, the property includes a thriving executive suite business, ensuring immediate profitability. Financial details, including the Profit & Loss statement, are available upon request. The building's modern amenities include high-speed internet access, Wi-Fi, and flat-screen TVs in all rooms, accommodating up to 25 people. The current Common Area Maintenance (CAM) charge is $2,275.50 per quarter. The asking price for this exceptional property is $6,250,000. This is a turnkey operation with a proven track record of success, ideal for an investor seeking immediate returns and a strong presence in the vibrant Boca Raton market. The property is located in Palm Beach County, Florida, with a zip code of 33498. The building's lot size is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $2,715,110

  6.5%

  $2,506,256

  7%

  $2,327,238

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,191,002

  Geo Method

  $2,191,002

• Alternative Use

  Use

  Valuation

  Residential

  $3,107,757

  Hospitality

  $2,846,689

  Educational

  $2,368,412

  Medical

  $2,449,865

  Retail

  $3,684,196

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3953

Longitude

-80.2051

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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