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Property profile & analytics
OFF-MARKET
Estimated value
$17,255,000
Industrial properties
1141 Rogers Cir Boca Raton, FL 33487-2789
Entity Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4282596
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1999
Construction
CONCRETE
Total area
74,907 SF
Lot
4.01 ac (174,867 SF)
Zoning code
M-3
APN
06-42-47-01-01-004-0170
UPID
US18-4282596
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
-
Pretty Vulgar Cosmetic Store
-
Boca Raton Championship Charitable Organization
-
Blinc Hair Salon Nail Salon
-
Pro Links Sports (Bike/Boat/Book/etc) Store
-
Conserve Water Management Water Utility Company Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.26M
Owner & transaction history
Penn Florida Venture IV Ltd · 28 yrs held
Penn Florida Venture IV Ltd
since 1998
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%
$21,535,000
6.5%
$19,880,000
7%
$18,460,000
Blend value · Realmo final
$17.26M
Range $15.53M – $18.98M · ±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
$230 / 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
$205,279
Tax year 2023
Assessed value
$11,650,538
Assessed 2023
Previous assessed
$9,641,278
+20.8% YoY
Effective rate
1.76%
On assessed value
Assessed land
$2,136,863
Assessed improvement
$9,513,675
Land market value
$2,136,863
Improvement market value
$9,513,675
Total market value
$11,650,538
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
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Total area
74,907 SF
Lot
4.01 ac (174,867 SF)
Zoning code
M-3
APN
06-42-47-01-01-004-0170
UPID
US18-4282596
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
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
4.01 ac
Current owner
From public records · entity-resolved
Penn Florida Venture IV Ltd
Entity
Free & Clear · 28 yrs held
Mailing address
1515 N FEDERAL HWY STE #306, BOCA RATON, FL 33432-1953
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2017
—
Penn Florida Venture IV Ltd
—
Deed
related
$7,000,000 · City Nat'l Bk/fl
Jul 19, 2016
—
Penn Florida Venture IV Ltd
—
Deed
related
$4,986,700 · City Nat'l Bk/fl
Nov 13, 1998
—
Penn Florida Venture IV Ltd
—
Grant Deed
related
$3,800,000 · Southtrust Bank NA
May 14, 1998
$915,000
Penn Florida Venture IV Ltd
Denton,robert & Jeanette M
Grant Deed
—
—
—
Penn Florida Venture IV Ltd
—
Loan Modification
related
$4,986,700 · City Nat'l Bk/fl
—
—
Penn Florida Venture IV Ltd
—
Loan Modification
related
$7,000,000 · City Nat'l Bk/fl
—
—
Penn Florida Venture IV Ltd
—
Deed Of Trust
related
$4,489,129 · City National Bank Of Florida
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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