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Property profile & analytics
FOR LEASE
Industrial properties
1060 Holland Dr Boca Raton, FL 33487
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-6153598
For Lease
1 / 2
$24 SF/Yr
1060 Holland Dr, Boca Raton, FL 33487
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1991
Construction
CONCRETE
Total area
39,263 SF
Lot
4.04 ac (175,921 SF)
Zoning code
M-3
APN
06-42-47-01-01-004-0041
UPID
US18-6153598
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
-
Mthree Productions Advertising Agency Marketing & Advertising
-
Falkinburg Imagesetting, Inc. Advertising Agency Marketing & Advertising
-
Volkin Electronics, Inc. Electronics & Wireless Store
-
Lake pointe Center Business Service Center Corporate Office
-
Zambelli Fireworks Big Box & Wholesale Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.69M
Owner & transaction history
Laird West LLC · 20 yrs held
Laird West LLC
since 2005
6 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%
$11,290,000
6.5%
$10,420,000
7%
$9,675,000
Blend value · Realmo final
$11.69M
Range $10.52M – $12.85M · ±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
$298 / 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
$165,165
Tax year 2023
Assessed value
$8,986,110
Assessed 2023
Previous assessed
$8,241,717
+9.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$2,149,767
Assessed improvement
$6,836,343
Land market value
$2,149,767
Improvement market value
$6,836,343
Total market value
$8,986,110
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1991
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
39,263 SF
Lot
4.04 ac (175,921 SF)
Zoning code
M-3
APN
06-42-47-01-01-004-0041
UPID
US18-6153598
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
1991
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.04 ac
Current owner
From public records · entity-resolved
Laird West LLC
Entity
Mailing address
285 ROYAL PALM WAY, BOCA RATON, FL 33432-7941
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2020
—
Laird West LLC
—
Deed
related
$4,300,000 · Valley Nat'l Bk
Oct 13, 2005
$5,618,800
Laird West LLC
Bauer William R & Janet
Grant Deed
$3,696,210 · Bauer William R Trust (tr)
—
—
Laird West LLC
—
Loan Modification
related
$5,015,894 · Seacoast Nat'l Bk
—
—
Laird West LLC
—
Deed Of Trust
related
$800,000 · Bank Of Fl
—
—
Laird West LLC
—
Deed Of Trust
related
$5,224,580 · Bank Of Florida Se
—
—
Laird West LLC
—
Loan Modification
related
$4,300,000 · Valley Nat'l Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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