Sign Up Successful!
You now have access to more from Realmo!
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

    1197 Rogers Cir Boca Raton, FL 33487-2710

    • Industrial properties
    • 13,524 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $3,385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4068466
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Blue Streak America Inc / Industrial Manufacturer / Production Facility

    Property Details for 1197 Rogers Cir

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    1.00 lot acres
    Property size
    13,524 SF
    Zone code
    M-3
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    06-42-47-01-19-000-0020
    APU
    6424701190000020

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,890,000
      6.5%
      $3,590,000
      7%
      $3,335,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1129
    Latitude
    26.4039
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $40,885
    $458,084
    $1,805,901
    $2,263,985
    -
    $458,084
    $1,805,901
    $2,263,985

    Comparable in this City

    • Value Estimation
      $10,935,000
      35,572 SF

      6530 Rogers Cir

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 35,572 SF
      6530 Rogers Cir, Boca Raton, FL 33487-2655
      View Details
    • Value Estimation
      $7,475,000
      33,301 SF

      1080 Rogers Cir

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 33,301 SF
      1080 Rogers Cir, Boca Raton, FL 33487-2815
      View Details
    • Value Estimation
      $10,125,000
      27,360 SF

      1000 Clint Moore Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 27,360 SF
      1000 Clint Moore Rd, Boca Raton, FL 33487-2818
      View Details
    • Value Estimation
      $17,255,000
      74,907 SF

      1141 Rogers Cir

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 74,907 SF
      1141 Rogers Cir, Boca Raton, FL 33487-2789
      View Details
    • Value Estimation
      $9,320,000
      37,856 SF

      1021 Rogers Cir

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 37,856 SF
      1021 Rogers Cir, Boca Raton, FL 33487-2856
      View Details
    • Value Estimation
      $17,000,000
      64,838 SF

      6100 Broken Sound NW Pkwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 64,838 SF
      6100 Broken Sound NW Pkwy, Boca Raton, FL 33487-2790
      View Details

    Similar Nearby for Sale

    • $5,950,000
      16,911 SF

      Boca Raton Industrial Warehouse

      16,911 SF Vacant Distribution Center
      6510 Rogers Cir, Boca Raton, FL 33487
      View Details
    • $11,000,000

      Boca Raton Restaurant & Warehouse

      Established Food Supplier, $11M
      0 Airline National Food Supplier, Boca Raton, FL 33487
      View Details
    • $1,589,000
      1,400 SF

      Oceanfront Highland Beach Condo

      Luxury oceanfront condo, 1400 sq ft, immediate occupancy.
      3009 Ocean Blvd, Highland Beach, FL 33487
      View Details
    • $3,695,000

      East Boca Raton Mixed-Use Investment

      Seven-unit property, prime location, high demand.
      6940 Federal Hwy, Boca Raton, FL 33487
      View Details
    • $545,000
      2,000 SF

      Flex Condo For Sale

      2,000 SF flex condo with office and warehouse space.
      6590 W Rogers Cir, Boca Raton, FL 33487
      View Details
    • Contact for pricing

      Boca Raton Warehouse Space

      18,000 Sqft warehouse space in Boca Raton, Florida.
      1377 Clint Moore Rd, Boca Raton, FL 33487
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      57,854 SF

      Boca Raton Office Suites Available

      Class-A office space, 5 suites, Boca Raton.
      1095 Broken Sound Pkwy, Boca Raton, FL 33487
      View Details
    • $24 SF/Yr
      1,600 SF

      Prime Flex Space, Palm Beach

      1,600 SF Flex Warehouse, I-95 Access
      1140 Holland Dr, Boca Raton, FL 33487
      View Details
    • $288 SF/Yr
      16,562 SF

      Boca Raton Warehouse Space For Lease

      16,562 SF Industrial Warehouse, Boca Raton
      6451 Rogers Cir, Boca Raton, FL 33487
      View Details
    • $23 SF/Yr
      3,108 SF

      Boca Raton Flex Space Available

      3,108 SF flex space with offices and loading dock.
      6450-6468 E Rogers Cir, Boca Raton, FL 33487
      View Details
    • $23 SF/Yr
      4,220 SF

      Boca Raton Warehouse For Rent

      4,220 SF warehouse with air-conditioned offices in Boca Raton.
      6350 E Rogers Cir, Boca Raton, FL 33487
      View Details
    • $25 SF/Yr
      5,981 SF

      Boca Raton Flex/Industrial Space

      Flex/industrial space available for lease in Boca Raton, Florida.
      6500 W Rogers Cir, Boca Raton, FL 33487
      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.
    1197 Rogers Cir
    Boca Raton, FL 33487-2710
    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.