Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4700 Boca Raton Blvd Boca Raton, FL 33431

    • Office properties & Spaces
    • 957 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Elo Group / Accounting Firm / Tax Preparation
    • Luminsty / Alternative Medicine Practice
    • Sonos Sound Bar Surround Sound Systems / Electronics & Wireless Store
    • Smart Home Installation Boca Raton / IT Consulting Firm / Tech Support Center

    Property Details for 4700 Boca Raton Blvd

    Year built
    1982
    Property size
    957 SF
    Property type
    Office properties & Spaces

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0833
    Latitude
    26.3912

    Comparable in this City

    • Value Estimation by Request
      175,000 SF

      2200 Federal Hwy

      Retail properties & Spaces • 175,000 SF
      2200 Federal Hwy, Boca Raton, FL 33431
      View Details
    • Value Estimation by Request
      6,767 SF

      3335 Boca Raton Blvd

      Office properties & Spaces • 6,767 SF
      3335 Boca Raton Blvd, Boca Raton, FL 33431
      View Details
    • Value Estimation by Request
      1,487 SF

      4722 Boca Raton Blvd

      Self storage facilities • 1,487 SF
      4722 Boca Raton Blvd, Boca Raton, FL 33431
      View Details
    • Value Estimation by Request

      2263 Boca Raton Blvd

      Office properties & Spaces
      2263 Boca Raton Blvd, Boca Raton, FL 33431
      View Details
    • Value Estimation by Request
      281,377 SF

      2200-2300 19Th St

      Office Units • 281,377 SF
      2200-2300 19Th St, Boca Raton, FL 33431
      View Details
    • Value Estimation by Request
      26,056 SF

      3231 7Th Ave

      Life science properties • 26,056 SF
      3231 7Th Ave, Boca Raton, FL 33431
      View Details

    Similar Nearby for Sale

    • $1,500,000
      3,278 SF

      Boca Raton Medical Office Condo

      Class A, 3,278 sq ft, Vacant, Owner/User
      4800 Federal Hwy, Boca Raton, FL 33431
      View Details
    • $1,175,000
      2,554 SF

      Boca Raton Medical Office Space

      2,554 SF medical office space in Boca Raton, Florida.
      2900 N Military Trl, Boca Raton, FL 33431
      View Details
    • Contact for pricing

      Move-in Ready Boca Raton Office

      925 SF office suite with excellent South Florida connectivity.
      2799 NW 2Nd Ave, Boca Raton, FL 33431
      View Details
    • $1,900,000
      3,503 SF

      Boca Raton Medical Office Investment

      High-yield medical office, 100% occupied.
      2900 Military Trl, Boca Raton, FL 33431
      View Details
    • Contact for pricing

      Move-in Ready Boca Raton Office

      925 SF office suite with excellent South Florida connectivity.
      2799 NW 2Nd Ave, Boca Raton, FL 33431
      View Details
    • $1,249,000

      Renovated Office Condo in Boca

      Class A office condo in prime Boca Raton location.
      4800 N Federal Hwy, Boca Raton, FL 33431
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      175,000 SF

      Fifth Avenue Shops: Boca Raton Retail

      Prime Boca Raton retail & office space. Multiple units available.
      2200 Federal Hwy, Boca Raton, FL 33431
      View Details
    • $27 SF/Yr
      146,108 SF

      Boca Raton Class A Office Space

      Modern, renovated office building in prime location
      951 Yamato Rd, Boca Raton, FL 33431
      View Details
    • $6,000 /Mo
      43,560 SF

      Secure, Modern Office Suite

      Strategically located office suite with secure access and ample parking.
      2799 NW 2Nd Ave, Boca Raton, FL 33431
      View Details
    • $38 SF/Yr
      9,917 SF

      LEED Gold Certified Office Space

      Class A office building with covered parking in Boca Raton.
      1875 Corporate Blvd NW, Boca Raton, FL 33431
      View Details
    • Contact for pricing
      988 SF

      Boca Raton Office Space

      Office space available for lease in Boca Raton, Florida.
      3401 N Federal Hwy, Boca Raton, FL 33431
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for rent in Boca Raton, Florida.
      2650 North Military Trl, Boca Raton, FL 33431
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4700 Boca Raton Blvd
    Boca Raton, FL 33431
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!