4801 Linton BlvdDelray Beach, FL 33445

Property Details for 4801 Linton Blvd

Year built

1991

Construction

CONCRETE

Lot size

8.87 AC

Property size (Sq ft)

34,097 SF

Zone code

PC

Property type

Retail properties

Property subtype

Community centers

APN

12-42-46-24-21-000-0011

APU

12424624210000011

Description

This exceptional 105,000 square foot retail center, situated at 4801 Linton Blvd in Delray Beach, Florida (33445), presents a prime investment opportunity. Built in 1989, this single-story property boasts a prominent location at the northeast corner of Linton Boulevard and Military Trail, ensuring high visibility and accessibility. The center is currently configured as a multi-tenant strip center, incorporating grocery, medical, and restaurant spaces. A significant portion of the property, totaling 43,000 square feet, is currently vacant, offering substantial potential for expansion and customization. The minimum divisible space is 1,200 square feet, making it suitable for a range of businesses. The property is zoned COMMERCIAL and benefits from being anchored by an Aldi grocery store, driving consistent foot traffic. This presents a unique chance to acquire a well-located, established retail center with significant upside potential in a thriving Florida market. The property's strategic location at the intersection of Linton Blvd and Military Trail provides excellent exposure to a large customer base. The existing infrastructure and established tenancy provide a solid foundation for future growth and development. This is an ideal opportunity for investors seeking a strong return on investment in a high-demand retail market.

• CAP approach

  CAP return

  Valuation

  6%

  $15,415,878

  6.5%

  $14,230,041

  7%

  $13,213,610

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,020,876

  Geo Method

  $23,020,876

• Alternative Use

  Use

  Valuation

  Residential

  $12,003,572

  Hospitality

  $10,995,208

  Educational

  $9,147,884

  Medical

  $9,462,494

  Retail

  $14,230,041

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4405

Longitude

-80.1211

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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