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Property profile & analytics
FOR LEASE
Medical Office Space
1280 W Lantana Rd Lantana, FL 33462
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-3251061
For Lease
1 / 10
Contact for pricing
1280 W Lantana Rd, Lantana, FL 33462
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
WOOD
Total area
9,078 SF
Lot
0.77 ac (33,707 SF)
Zoning code
C1
APN
40-43-45-04-05-009-0020
UPID
US18-3251061
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
by Request
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$1.41M
Owner & transaction history
Lantana Road Investments LLC · 8 yrs held
Lantana Road Investments LLC
since 2017
7 recorded transactions
Zoning & alternative use
C1 · Lantana, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial
General category
COMMERCIAL
Zone area
1.13 ac
Source
Realmo
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 Lantana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lantana 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%
$1,995,000
6.5%
$1,840,000
7%
$1,710,000
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±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
$155 / 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
$32,813
Tax year 2023
Assessed value
$1,713,514
Assessed 2023
Previous assessed
$1,485,259
+15.4% YoY
Effective rate
1.91%
On assessed value
Assessed land
$741,510
Assessed improvement
$972,004
Land market value
$741,510
Improvement market value
$972,004
Total market value
$1,713,514
Applied tax rate
40,537.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
9,078 SF
Lot
0.77 ac (33,707 SF)
Zoning code
C1
APN
40-43-45-04-05-009-0020
UPID
US18-3251061
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C1 · Lantana, FLZoning C1 · permitted uses
C1 · Lantana, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial
General category
COMMERCIAL
Zone area
1.13 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Lantana Road Investments LLC
Entity
Mailing address
215 N FEDERAL HWY STE #1, BOCA RATON, FL 33432-3928
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2017
$1,275,000
Lantana Road Investments LLC
Costello,sandy L & Connie J
Warranty Deed
—
Sep 25, 2017
$196,000
Sandy L Costello
Mce LLC
Quit Claim Deed
related
—
Mar 28, 2014
—
Mce LLC
Costello,sandy L & Connie J
Grant Deed
related
—
Jan 14, 2014
—
Mce LLC
Erickson Barbara H Trust
Warranty Deed
—
Jul 16, 2008
—
Barbara H Living Erickson
Erickson,neil E & Barbara E H
Quit Claim Deed
related
$266,558 · Grand Bank & Trust Of Florida
Sep 6, 2007
—
Barbara H Living Erickson
Erickson,neil E & Barbara E H
Quit Claim Deed
related
—
—
—
Neil E Erickson
—
Deed Of Trust
related
$185,000 · Grand Bank Florida
—
—
Neil E Erickson
—
Deed Of Trust
related
$72,595 · Grand Bank & Trust Of Florida
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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