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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Warehouses
125 Collins Ln Boynton Beach, FL 33436-4618
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6329511
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Construction
CONCRETE
Total area
2,751 SF
Lot
1.89 ac (82,481 SF)
Zoning code
M1
APN
08-43-45-30-01-030-0030
UPID
US18-6329511
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.57M
Owner & transaction history
125 Nw 31st LLC · 4 yrs held
125 Nw 31st LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
M1 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding M-1 Light Industrial, if both the lot area and lot frontage are not less than eighty-five percent (85%) of that required for the particular…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
297.44 ac
Top alternative use upside
Auto repair, garage
$1.4M
+86.6%
Retail stores
$1.1M
+53.0%
Neighborhood: shopping center
$1.1M
+49.2%
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
$1,655,000
ML approach
$1,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,360,000
Change: +87% · Conversion: Easy
RETAIL STORES
$1,115,000
Change: +53% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,085,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$1,085,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$960,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.50M (Jun 6 2022)
Last sale anchor
$1.50M
Jun 6 2022
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
$569 / 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
$27,055
Tax year 2023
Assessed value
$1,292,207
Assessed 2023
Previous assessed
$948,733
+36.2% YoY
Effective rate
2.09%
On assessed value
Assessed land
$783,551
Assessed improvement
$508,656
Land market value
$783,551
Improvement market value
$508,656
Total market value
$1,292,207
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
2,751 SF
Lot
1.89 ac (82,481 SF)
Zoning code
M1
APN
08-43-45-30-01-030-0030
UPID
US18-6329511
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M1 · Boynton Beach, FLZoning M1 · permitted uses
M1 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding M-1 Light Industrial, if both the lot area and lot frontage are not less than eighty-five percent (85%) of that required for the particular district, then structures and floor area may be added and the use may be changed fr
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
297.44 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$960,000
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1978
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.89 ac
Current owner
From public records · entity-resolved
125 Nw 31st LLC
Entity
Mailing address
8383 WILSHIRE BLVD STE #302, BEVERLY HILLS, CA 90211-2433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$1,500,000
125 Nw 31st LLC
Bb&r LLC
Warranty Deed
—
Jul 29, 2016
—
Ld Acquisition Co 8 LLC
—
Deed
related
$125,682 · Deutsche Bk Tr Co America (ce)
—
—
Ld Holdings LLC
—
Deed Of Trust
related
$13,000,000 · Landmark Dividend Fndg
—
—
Mw Cell Reit 1 LLC
—
Deed Of Trust
related
$252,236 · Deutsche Bk Tr Co America (ce)
—
—
Mw Cell Reit 1 LLC
—
Deed Of Trust
related
$690,567 · Deutsche Bk Tr Co America (ce)
—
—
Mw Cell Reit 1 LLC
—
Deed Of Trust
related
$138,332 · Deutsche Bk Tr Co America (ce)
—
—
Wcp Wireless Lease Subsidiary
—
Deed Of Trust
related
$85,000,000 · Bayerische Hypo-und Vereinsban
—
—
Wcp Wireless Lease Subsidiary
—
Deed Of Trust
related
$85,000,000 · Bayerische Hypo-und Vereinsban
—
—
Wcp Wireless Lease Subsidiary
—
Deed Of Trust
related
$85,000,000 · Bayerische Hypo-und Vereinsban
—
—
Ld Acquisition Co 8 LLC
—
Deed Of Trust
related
$125,682 · Deutsche Bk Tr Co America (ce)
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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