Retail

Congress Center

861 yamato rd boca raton, fl, 33431, boca raton, FL 33431

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$35.74/SF

Mid

$44.68/SF

High

$53.61/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (6.8%), property tax rate (0.01%), and NYC PLUTO (14 parcels, assessed $/SF = 208).

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$44.68/SF	—	tax_cap_reverse
Utilities	—	9.1¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1455/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
NYC PLUTO	assessed_value_psf	—	—	annual	—

Data sources used

market_reportsproperty_taxnyc_pluto

Location

861 yamato rd boca raton, fl, 33431, boca raton, FL 33431

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2025, the Palm Beach retail market showed average asking rents near $26.16/SF/yr, rents up 0.2% year over year, and cap rates around 6.8%. Source: multiple brokerages Q1 2025 market report.

Projected current pricing

low confidence

Projected asking rent

$26.16/SF/yr

Estimated sale value

$232–$292/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2025 multiple brokerages data (cap rate 6.8%, asking rent held flat).

View the full Palm Beach Retail market report →

Compare it against other retail listings for sale in Boca Raton, FL to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in Palm Beach?: About 6.8% as of Q1 2025, per multiple brokerages.

Unified Estimate

Medium Confidence

$133.29/SF-$180.33/SF

Mid: $156.81/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

Market report quarterly trend fallbackFIPS 32003

Low Confidence

Avg Rent ($/SF/yr) (market data)

Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.