86 5Th AveDelray Beach, FL 33483
- Office buildings
- 832 SF
Property Details for 86 5Th Ave
- Year built
- 1971
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 832 SF
- Property type
- Office buildings
- APN
- 12-43-46-16-H7-000-0860
- APU
- 12434616H70000860
Description
This exceptional single-tenant office building is located at 86 NE 5th Avenue in Delray Beach, Florida, 33483. The property, identified by APN 12434616h70000860, is zoned for office use and offers a convenient single-suite configuration, ideal for a variety of businesses. The building's size is not specified, however, the property is designated as a single-tenant occupancy, providing a unique opportunity for a business seeking a dedicated and private workspace. The property's location in Delray Beach offers excellent access to local amenities, transportation networks, and a thriving business community. Given its single-tenant nature, this property presents a streamlined ownership and management experience. The absence of a specified lot size indicates the building may be situated on a smaller footprint, potentially making it suitable for a business that prioritizes efficiency and accessibility. This property is an excellent opportunity for a business seeking a dedicated, well-located office space in a desirable Florida market. Further details regarding the building's specifications and internal layout are available upon request. Interested parties are encouraged to conduct their own due diligence to verify all aspects of the property. The property is classified as an office building and is situated in a prime location within Delray Beach.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $290,012
- 6.5%
- $267,703
- 7%
- $248,582
-
Comparable approach
- Method
- Valuation
- Relative Method
- $222,909
- Geo Method
- $222,909
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $514,308
- Retail / Commercial
- $266,228
- Mixed-Use / Specialty
- $267,244
- Hospitality / Lodging
- $198,627
- Institutional / Educational
- $278,528
- Residential Income
- $325,878
- Multifamily
- $379,947
- Automotive / Energy
- $238,739
- Parking / Income-Based Land
- $80,444.30
- Restaurant / Food Service
- $143,190
- Healthcare / Senior Housing
- $272,039
Location Insight
- City
- Delray Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.4631
- Longitude
- -80.0685
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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