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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Industrial properties
125 13th St Ste 2 Boca Raton, FL 33432-1646
Individually Owned
21-yr Hold
Free & Clear
Property ID
US18-4999952
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1988
Construction
CONCRETE
Total area
12,000 SF
Lot
0.28 ac (12,023 SF)
Zoning code
M-2
APN
06-43-47-19-29-000-0020
UPID
US18-4999952
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
-
Ausome Fitness Gym & Fitness Center
-
Medical Equipment Tamiami Eyes Medical Supply Store
-
Cartwright Dumpster Rental Waste Management Facility
-
Direct Diabetic Source Medical Supply Store
-
Handle With Care Packaging Store Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$983k
Blend (final)
Blend
$1.59M
Owner & transaction history
Southern St Props Of Boca Raton L · 21 yrs held
Southern St Props Of Boca Raton L
since 2004
6 recorded transactions
Zoning & alternative use
M-2 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±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
$132 / 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
$40,902
Tax year 2023
Assessed value
$2,378,905
Assessed 2023
Previous assessed
$1,832,343
+29.8% YoY
Effective rate
1.72%
On assessed value
Assessed land
$654,080
Assessed improvement
$1,724,825
Land market value
$654,080
Improvement market value
$1,724,825
Total market value
$2,378,905
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
1988
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,000 SF
Lot
0.28 ac (12,023 SF)
Zoning code
M-2
APN
06-43-47-19-29-000-0020
UPID
US18-4999952
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Boca Raton, FL
Zoning M-2 · permitted uses
M-2 · 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
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Southern St Props Of Boca Raton L
Individual
Free & Clear · 21 yrs held
Mailing address
123 NW 13TH ST STE #223, BOCA RATON, FL 33432-1624
Ownership since
2004
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
Jun 20, 2019
—
North Dixie Center LLC
—
Loan Modification
related
$29,000,000 · City Nat'l Bk/fl
Mar 9, 2018
—
North Dixie Center LLC
—
Grant Deed
related
$5,000,000 · Florida Cmnty Bk NA
Apr 8, 2013
—
Reel State Adventures LLC
—
Deed Of Trust
related
$16,480,000 · Florida Community Bank
Dec 8, 2004
$1,300,000
Southern St Props Of Boca Raton L
Batmasian,james H & Marta T
Warranty Deed
—
Nov 29, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
William F Glass
—
Deed Of Trust
related
$65,000 · Barnett 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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