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Property profile & analytics
OFF-MARKET
Estimated value
$11,890,000
Office buildings
1275 Gtwy Blvd 102 Boynton Beach, FL 33426-8302
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5595941
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2003
Construction
CONCRETE
Total area
33,519 SF
Lot
5.6 ac (243,862 SF)
Zoning code
PID
APN
08-43-45-17-07-000-0180
UPID
US18-5595941
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
-
Quantum High School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.08M
CAP Approach
CAP
$14.58M
Comparable Approach
Comparable
$11.79M
Blend (final)
Blend
$11.89M
Owner & transaction history
South Tech Schools Hldgs LLC · 5 yrs held
South Tech Schools Hldgs LLC
since 2020
Last sale
$10.0M
5 recorded transactions
Zoning & alternative use
PID · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.6M
+46.8%
Retail stores
$13.6M
+20.3%
Neighborhood: shopping center
$13.2M
+17.4%
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
$16,160,000
ML approach
$13,075,000
CAP Approach
CAP Return
Estimation
6%
$15,795,000
6.5%
$14,580,000
7%
$13,540,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,280,000
Current use
AUTO REPAIR, GARAGE
$16,555,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$13,575,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$13,240,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$13,210,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$10,030,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$11.89M
Range $10.70M – $13.08M · ±10% · vs last sale $10.00M (Oct 26 2020)
Last sale anchor
$10.00M
Oct 26 2020
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
$355 / 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
$14,636
Tax year 2023
Assessed value
$10,204,462
Assessed 2023
Previous assessed
$9,127,896
+11.8% YoY
Effective rate
0.14%
On assessed value
Assessed land
$2,423,154
Assessed improvement
$7,781,308
Land market value
$2,423,154
Improvement market value
$7,781,308
Total market value
$10,204,462
Applied tax rate
8,983.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
33,519 SF
Lot
5.6 ac (243,862 SF)
Zoning code
PID
APN
08-43-45-17-07-000-0180
UPID
US18-5595941
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PID · Boynton Beach, FL
Zoning PID · permitted uses
PID · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boynton Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.3M
AUTO REPAIR, GARAGE
Est. value
$16.6M
RETAIL STORES
Est. value
$13.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.2M
MEDICAL BUILDING
Est. value
$13.2M
COMMERCIAL (GENERAL)
Est. value
$10.0M
OFFICE BUILDING Current
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
2003
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
5.6 ac
Current owner
From public records · entity-resolved
South Tech Schools Hldgs LLC
Entity
Mailing address
6161 W WOOLBRIGHT RD, BOYNTON BEACH, FL 33437-3935
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2020
—
South Tech Schools Hldgs LLC
1325 Gateway LLC
Warranty Deed
—
Mar 23, 2017
—
1325 Gateway LLC
—
Deed
related
$6,000,000 · Valley Nat'l Bk
—
—
1325 Gateway LLC
—
Deed Of Trust
related
$5,875,000 · Branch Banking & Trust Co
—
—
1325 Gateway LLC
—
Deed Of Trust
related
$6,000,000 · Valley Nat'l Bk
—
—
1325 Gateway LLC
—
Deed Of Trust
related
$412,000 · Fidelity Federal Bank & Trust
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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