597 FARMINGTON AVE
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Location
597 FARMINGTON AVE
Mblu
53/ / 128B/ /
Acct#
0020281
Owner
SVAP IV BRISTOL LLC
Assessment
$19,396,370
Appraisal
$27,709,100
PID
1540
Building Count
5
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$22,413,500$5,295,600$27,709,100
Assessment
Valuation YearImprovementsLandTotal
2025$15,689,450$3,706,920$19,396,370

Owner of Record
OwnerSVAP IV BRISTOL LLC
Co-Owner
Address302 DATURA STREET SUITE #100
WEST PALM BEACH , FL 33401
Sale Price$43,970,000
Certificate
Book & Page 2336/635
Sale Date12/26/2025
Instrument27

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SVAP IV BRISTOL LLC$43,970,000 2336/6352712/26/2025
FEDERAL REALTY OP, LLP $0NAME CHANGE 2247/90 01/18/2023
FEDERAL REALTY INVESTMENT TRUST$19,000,00011164/07682709/22/1995

Building Information
Building 1 : Section 1
Year Built: 1962
Living Area: 56,185
Replacement Cost: $6,376,983
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$3,507,300
Building Attributes
FieldDescription
StyleShop Center
ModelComm/Ind
GradeC
Stories:2
Occupancy7.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelPropane Gas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseShopping Ctr
Bedrooms 
Full Baths 
Half Baths 
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 42,655 42,655
FUSUpper Story, Finished 13,530 13,530
CANCanopy 2,002 0
CLPLoading Platform, Covered 64 0
FOPPorch, Open 80 0
UBMBasement, Unfinished 16,087 0
USTUtility, Storage, Unfinished 204 0
   74,622 56,185
Building 2 : Section 1
Year Built: 1965
Living Area: 5,218
Replacement Cost: $818,563
Building Percent Good: 61
Replacement Cost
Less Depreciation:
$499,300
Building Attributes : Bldg 2 of 5
FieldDescription
StyleRetail Strip
ModelComm/Ind
GradeC
Stories:1
Occupancy4.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2Vinyl/Asphalt
Heating FuelPropane Gas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseShopping Ctr
Bedrooms 
Full Baths 
Half Baths 
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,218 5,218
CANCanopy 495 0
SLBSlab 5,148 0
   10,861 5,218
Building 3 : Section 1
Year Built: 1965
Living Area: 100,528
Replacement Cost: $11,221,316
Building Percent Good: 61
Replacement Cost
Less Depreciation:
$6,845,000
Building Attributes : Bldg 3 of 5
FieldDescription
StyleShop Center
ModelComm/Ind
GradeC
Stories:2
Occupancy8.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelPropane Gas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseShopping Ctr
Bedrooms 
Full Baths 
Half Baths 
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 100,528 100,528
CANCanopy 10,219 0
UBMBasement, Unfinished 56,026 0
USTUtility, Storage, Unfinished 430 0
   167,203 100,528
Building 4 : Section 1
Year Built: 1962
Living Area: 18,900
Replacement Cost: $3,103,168
Building Percent Good: 61
Replacement Cost
Less Depreciation:
$1,892,900
Building Attributes : Bldg 4 of 5
FieldDescription
StyleRetail Strip
ModelComm/Ind
GradeC
Stories:1
Occupancy10.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelPropane Gas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseShopping Ctr
Bedrooms 
Full Baths 
Half Baths 
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingNone
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 18,900 18,900
CANCanopy 4,320 0
SLBSlab 5,180 0
UBMBasement, Unfinished 13,720 0
   42,120 18,900
Building 5 : Section 1
Year Built: 2004
Living Area: 80,444
Replacement Cost: $10,825,108
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$8,227,100
Building Attributes : Bldg 5 of 5
FieldDescription
StyleSupermarket
ModelComm/Ind
GradeC+
Stories:2
Occupancy1.00
Exterior Wall 1Stucco/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2 
Heating FuelPropane Gas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSupermkt
Bedrooms 
Full Baths 
Half Baths 
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height26.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 75,278 75,278
FUSUpper Story, Finished 5,166 5,166
   80,444 80,444

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPRSprinklers160098.00 S.F.$253,9003
MEZ3Mezz. w Partit2048.00 S.F.$56,2003
ELEVElevator2.00 Units$57,3003
SPRSprinklers58101.00 S.F.$83,1001
CNP3Bank Canopy456.00 S.F$12,8002
OHDOverhead Door4.00 Units$03
LDL1Load Leveler1.00 Units$2,0003
SPRSprinklers5200.00 S.F.$9,5002
DUW1Drive Up Wndow1.00 Units$7,6002
MEZ1Mezzanine Unf.200.00 S.F.$2,4003
NDPNight Dep Box1.00 Units$10,7002
ATM1ATM2.00 Units$31,7002
ELEVElevator1.00 Units$17,1001
MEZ3Mezz. w Partit1070.00 S.F.$29,4003
SPRSprinklers18900.00 S.F.$31,9004
SPRSprinklers73832.00 S.F.$145,9005
OHDOverhead Door4.00 Units$05
NDPNight Dep Box1.00 Units$13,3005
LDL1Load Leveler4.00 Units$10,2005
MEZ1Mezzanine Unf.300.00 S.F.$4,6005
ELEVElevator2.00 Units$63,8005
SLR2Solar Energy Commercial191.00 Units$01
SLR2Solar Energy Commercial1296.00 Units$03

Land
Land Use
Use Code328
DescriptionShopping Ctr  
ZoneBG
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)19.42
Frontage
Depth
Total Market Land$3,706,920
Appraised Value$5,295,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asph.  495000.00 S.F.$556,9001
LT1Light (1fixt)  6.00 UNITS$5,9001
LT2Light (2 fixt)  9.00 UNITS$13,2001
LT3Light (3 fixt)  5.00 UNITS$9,8001
PAV2Paving Concrt  1596.00 S.F.$3,5003
LT4Light (4 fixt)  3.00 UNITS$7,3001
FN3Fence 6'  230.00 L.F.$1,9004
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$22,413,500$5,295,600$27,709,100
2024$22,413,500$5,295,600$27,709,100
2023$22,413,500$5,295,600$27,709,100

Assessment
Valuation YearImprovementsLandTotal
2025$15,689,450$3,706,920$19,396,370
2024$15,689,450$3,706,920$19,396,370
2023$15,689,450$3,706,920$19,396,370

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