Palm Beach Auto Group | 630 NE 5th Ave
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Palm Beach Auto Group 630 NE 5th Ave
1,288 SF Retail Building Delray Beach, FL 33483 £2,923,037 (£2,269/SF)
Investment Highlights
- Rare Automotive use in Delray Beach
- 350' Frontage on US 1
Executive Summary
Auto Sales Lot Downtown Delray Beach 350' +/- Frontage on US 1 Zoned Central Business District, Central Core City of Delray Beach
ADDITIONAL Land leased from FEC Railroad 25’ x 345’ Approx. 8,625 +/- SF No reps, warrants or guarantee from Seller as to FEC Lease Area. Buyer may investigate new lease terms / lease assignment during Due Diligence
Located +/- .25 mile from: used car lots, Genesis, Hyundai & Acura Dealerships
*No warranty or representation expressed or implied is made as to the accuracy of the information contained herein and same is subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our principals.
ADDITIONAL Land leased from FEC Railroad 25’ x 345’ Approx. 8,625 +/- SF No reps, warrants or guarantee from Seller as to FEC Lease Area. Buyer may investigate new lease terms / lease assignment during Due Diligence
Located +/- .25 mile from: used car lots, Genesis, Hyundai & Acura Dealerships
*No warranty or representation expressed or implied is made as to the accuracy of the information contained herein and same is subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our principals.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£11,677
|
£9.07
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£11,677
|
£9.07
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | £11,677 |
| Annual Per SF | £9.07 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £11,677 |
| Annual Per SF | £9.07 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,288 SF
Building Class
C
Year Built
1961
Price
£2,923,037
Price Per SF
£2,269
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.33 AC
Zoning
CBD - Current use is Automotive Sales. City of Delray Beach Zoning is Central Business District / Central Core.
Zoning / Use must be verfied by the Buyer.
Frontage
350 ft on NE 5th Street / US 1
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 12-43-46-09-24-000-0010 | Total Assessment | £537,559 (2023) |
| Land Assessment | £447,452 (2023) | Annual Taxes | £11,677 (£9.07/sf) |
| Improvements Assessment | £135,224 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
12-43-46-09-24-000-0010
Land Assessment
£447,452 (2023)
Improvements Assessment
£135,224 (2023)
Total Assessment
£537,559 (2023)
Annual Taxes
£11,677 (£9.07/sf)
Tax Year
2024
-
Ingrid Kennemer -
Coastal Commercial Group LLC
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Palm Beach Auto Group | 630 NE 5th Ave
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