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Property profile & analytics
OFF-MARKET Estimated value $620,000
Medical Office Space

120 Palmetto Park Rd Boca Raton, FL 33432-3828

4,640 SF 0.41 ac lot Built 1972
Individually Owned 1-yr Hold Free & Clear
Property ID
US18-3363997
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction CONCRETE
Total area 4,640 SF
Lot 0.41 ac (17,659 SF)
Zoning code DDRI
APN 06-43-47-30-04-000-0010
UPID US18-3363997
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
  • CRC Insurance Agency
  • Fifth Third Securities - Fabrizio Sanchez Financial Advisor
  • FedEx Drop Box Postal Service Courier Service
  • Kurtzman And Salama Mds Ophthalmologist
  • The William W. And Anna Louise Young Foundation, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$442k
Blend (final) Blend
$620k
Owner & transaction history
Erin Feder · 1 yrs held
Erin Feder
since 2024
7 recorded transactions
2024
$4.2M
2024
$415,000
2022
$25.2M
2017
$1.8M
2007
Price N/A
2006
Price N/A
2006
Price N/A
Zoning & alternative use
DDRI · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DDRI development shall mean any development permitted under Ordinance 4035 as amended from time to time. (b) Rear separator line shall mean the line of demarcation, as set forth in this section, between residential development and DDRI development. (c) Residential development shall mean single family attached or detached dwelling units of not less than 1,200…

Zone name Downtown
General category COMMERCIAL
Zone area 216.65 ac
Source code of ordinances
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