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Property profile & analytics
OFF-MARKET
Estimated value
$36,915,000
Retail space
1331 Federal Hwy 102, Boynton Beach, FL 33435-6019
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-4556021
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
CONCRETE
Total area
133,488 SF
Lot
11.62 ac (506,228 SF)
Zoning code
MU-4
APN
08-43-45-28-45-001-0000
UPID
US18-4556021
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
-
Garden's Flowers Department Store
-
Janet Dewitt - Aflac Insurance Agent Insurance Agency
-
JAZ Speech, Counseling & Cognitive Therapy LLC. Physician
-
Echo Studios Marketing & Advertising Advertising Agency
-
Sundin Financial Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$34.73M
Comparable Approach
Comparable
$33.38M
Blend (final)
Blend
$36.92M
Owner & transaction history
Ch Realty Vii-psreg Boynton Bc · 9 yrs held
Ch Realty Vii-psreg Boynton Bc
since 2016
3 recorded transactions
Zoning & alternative use
MU-4 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$54.2M
+0.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$37,620,000
6.5%
$34,725,000
7%
$32,245,000
Alternative Use
Use
Estimation
RETAIL STORES
$54,065,000
Current use
COMMERCIAL (GENERAL)
$54,155,000
Change: +0% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$52,735,000
Change: -2% · Conversion: Moderate
MEDICAL BUILDING
$52,615,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$36.92M
Range $33.22M – $40.61M · ±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
$277 / 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
$3,297,240
Tax year 2023
Assessed value
$155,399,771
Assessed 2023
Previous assessed
$144,170,072
+7.8% YoY
Effective rate
2.12%
On assessed value
Assessed land
$9,331,302
Assessed improvement
$146,068,469
Land market value
$9,331,302
Improvement market value
$146,068,469
Total market value
$155,399,771
Applied tax rate
8,987.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
6
Stories
3
Units
66
Total area
133,488 SF
Lot
11.62 ac (506,228 SF)
Zoning code
MU-4
APN
08-43-45-28-45-001-0000
UPID
US18-4556021
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-4 · Boynton Beach, FL
Zoning MU-4 · permitted uses
MU-4 · 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
RETAIL STORES Current
Est. value
$54.1M
COMMERCIAL (GENERAL)
Est. value
$54.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$52.7M
MEDICAL BUILDING
Est. value
$52.6M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2009
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Buildings
6
Units
66
Lot
11.62 ac
Current owner
From public records · entity-resolved
Ch Realty Vii-psreg Boynton Bc
Entity
Mailing address
PO BOX A3878, CHICAGO, IL 60690-3878
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2021
—
1351 South Federal Fl Owner LLC
—
Deed
related
$107,500,000 · Bank Of America NA
Dec 16, 2016
$109,350,000
Ch Realty Vii-psreg Boynton Bc
Las Ventanas Of Boynton Bch Ltd
Grant Deed
$70,400,000 · Miscellaneous Ins Co
—
—
Las Ventanas Of Boynton Bch Ltd
—
Loan Modification
related
$52,000,000 · Miscellaneous Ins Co
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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