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Property profile & analytics
OFF-MARKET
Estimated value
$3,285,000
Office buildings
1101 Congress Ave, Boynton Beach, FL 33426-3336
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5486779
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Construction
CONCRETE
Total area
15,857 SF
Lot
1.06 ac (46,030 SF)
Zoning code
C3
APN
08-43-45-19-05-015-0043
UPID
US18-5486779
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
-
Lisa Cicetti Medical Clinic
-
US FUND SOURCE Bank Credit Union
-
Gateway Commercial Finance Financial Advisor
-
South Florida Realty Experts Corporate Office
-
Palm Career Training Institute Medical School Educational Institution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$3.29M
Owner & transaction history
Siloam Holding Company LLC · 5 yrs held
Siloam Holding Company LLC
since 2021
Last sale
$2.9M
1 recorded transaction
Zoning & alternative use
C3 · Boynton Beach, 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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton Beach 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
$3,525,000
ML approach
$3,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,335,000
Current use
COMMERCIAL (GENERAL)
$4,745,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±10% · vs last sale $2.85M (Mar 8 2021)
Last sale anchor
$2.85M
Mar 8 2021
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
$207 / 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
$31,354
Tax year 2023
Assessed value
$3,076,517
Assessed 2023
Previous assessed
$3,335,979
-7.8% YoY
Effective rate
1.02%
On assessed value
Assessed land
$1,242,404
Assessed improvement
$1,834,113
Land market value
$1,242,404
Improvement market value
$1,834,113
Total market value
$3,076,517
Applied tax rate
8,984.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Total area
15,857 SF
Lot
1.06 ac (46,030 SF)
Zoning code
C3
APN
08-43-45-19-05-015-0043
UPID
US18-5486779
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C3 · Boynton Beach, FL
Zoning C3 · permitted uses
C3 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boynton Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
Siloam Holding Company LLC
Entity
Mailing address
281 OREGON LN, BOCA RATON, FL 33487-1401
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
$2,850,000
Siloam Holding Company LLC
Tp Ten LLC
Special Warranty Deed
$2,200,000 · Seacoast National 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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