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Property profile & analytics
OFF-MARKET
Estimated value
$7,485,000
Showrooms
1040 Holland Dr, Boca Raton, FL 33487-2759
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-3912830
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1998
Construction
CONCRETE
Total area
37,647 SF
Lot
2.04 ac (88,653 SF)
Zoning code
M-3
APN
06-42-47-01-01-004-0030
UPID
US18-3912830
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lexington International Llc Industrial Manufacturer Production Facility
-
Hairmax Corporate Office
-
Regrow Medical Clinic
-
TWS Partnership Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.49M
Owner & transaction history
Laird East LLC · 12 yrs held
Laird East LLC
since 2014
7 recorded transactions
Zoning & alternative use
M-3 · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,825,000
6.5%
$9,990,000
7%
$9,275,000
Blend value · Realmo final
$7.49M
Range $6.74M – $8.23M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$199 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$84,030
Tax year 2023
Assessed value
$4,471,791
Assessed 2023
Previous assessed
$3,772,245
+18.5% YoY
Effective rate
1.88%
On assessed value
Assessed land
$1,220,766
Assessed improvement
$3,251,025
Land market value
$1,220,766
Improvement market value
$3,251,025
Total market value
$4,471,791
Applied tax rate
6,154.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Stories
2
Total area
37,647 SF
Lot
2.04 ac (88,653 SF)
Zoning code
M-3
APN
06-42-47-01-01-004-0030
UPID
US18-3912830
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-3 · Boca Raton, FL
Zoning M-3 · permitted uses
M-3 · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2.04 ac
Current owner
From public records · entity-resolved
Laird East LLC
Entity
Mailing address
285 ROYAL PALM WAY, BOCA RATON, FL 33432-7941
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2014
—
Laird East LLC
Laird,thomas
Quit Claim Deed
—
Dec 30, 2013
$2,938,900
Thomas Laird
Brentwood Ents INC Coc
Trustees Deed
related
—
Oct 16, 2009
—
Gdf-1040 Land Trust
Brentwood Ents INC
Warranty Deed
—
Apr 5, 2007
—
Brentwood Ents INC
Fischer,carl & Veronica
Quit Claim Deed
related
$1,200,000 · Ct Capital Ltd
Sep 27, 2005
—
Brentwood Ents INC
Fischer,carl & Veronica
Quit Claim Deed
related
$2,725,000 · General Electric Capital Corp
—
—
Brentwood Enterprises INC
—
Deed Of Trust
related
$200,000 · Admiralty Bank
—
—
Brentwood Enterprises INC
—
Deed Of Trust
related
$2,000,000 · Admiralty Bank
—
—
Brentwood Enterpries INC
—
Deed Of Trust
related
$334,135 · Admiralty Bank
—
—
Brentwood Enterprises INC
—
Deed Of Trust
related
$1,175,000 · Transflorida Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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