Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

5701 N Dixie Hwy

Boca Raton, FL 33487  ·  Warehouse/Distribution  ·  Folio 06434705010030090
Building
8,405
square feet
Lot
34,658
0.80 acres
Year built
1976
50 years old
Assessed value
$1,070,997
$127/SF assessed

Ownership and recorded sale history

Owner of recordSTORAGE SUITES LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2025 — $4,800,000
At that sale$571/SF
Years since1 year
Palm Beach County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Park of Commerce / Clint Moore

Recorded transactions for industrial properties in the Park of Commerce and Clint Moore Road business parks, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2022–2025
Median price/SF
$186
$98 – $371
Median size
39,476
square feet
Median vintage
1995
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $127/SF. Recorded sales of industrial properties in Park of Commerce / Clint Moore since 2022 have a median of $186/SF, across a range of $98/SF to $371/SF.

Across those 8 recorded sales, the median sale price came in at 1.10× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 8,405 SF this is a smaller building than the 39,476 SF median for industrial properties trading here. Smaller footprints in this segment typically transact at a higher price per square foot.

Built in 1976, it is older than the 1995 median vintage of what has been trading nearby — typically a repositioning, capital-expenditure or redevelopment conversation rather than a straight comparison.

By footprint it sits in roughly the 0th percentile of industrial properties that have traded in this corridor — 12 of the 12 recorded sales were of larger buildings.

The assessment works out 31% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

The lot runs 4.1× the building footprint — 34,658 SF of land under 8,405 SF of structure. Ratios that wide are usually where expansion or redevelopment questions start.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
6300 Park of Commerce Blvd
Warehouse/Distribution
38,19519952025$12,350,000$323
1160 S Rogers Cir 1
Warehouse/Distribution
39,53819982025$12,050,000$305
6510 W Rogers Cir
Light Manufacturing
14,95119962025$5,550,000$371
6500 Park of Commerce Blvd
Warehouse/Distribution
82,88219912024$9,856,900$119
6400 Park of Commerce Blvd
Warehouse/Distribution
55,89919952024$6,757,600$121
6400 E Rogers Cir
Warehouse/Distribution
39,41519812024$3,850,000$98
6403 W Rogers Cir
Warehouse/Distribution
40,82819892022$7,400,000$181
6453 W Rogers Cir
Warehouse/Distribution
36,31420052022$6,918,483$191
Recorded sale prices from Palm Beach County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Palm Beach County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 06434705010030090." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.