Financial
Distress signals
Property profile

2240 W Woolbright Rd Boynton Beach, FL 33426

FOR LEASE
Office buildings
Property ID
US18-3029918
78,822 SF 3.25 ac lot Built 1986
Last sale Sep 2014 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building containing office and medical suites, with available suite sizes ranging from 134 rentable square feet to 1,265 rentable square feet, including executive suite configurations. Access is provided 24 hours a day through an entry and security system, and building signage is available. Parking is provided at an approximate ratio of 4 spaces per 1,000 square feet, with reserved guest parking and covered parking on-site. The location is near major transportation…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$257k
Tax billed · 2023
Assessed value$11.92M
Assessed land$1.56M
Assessed improvement$10.36M
Effective rate2.16%

Value estimate

· Oct 2026
$13.36M
$12.02M – $14.69M
Submarket $/SF estimate$15.84M
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 72,815.79% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$337/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$201 – $493

Cap rate analysis

How does the asset earn?
72,815.79%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zonin...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.3
Daycare Center14.2
Parking Facility13.2

Location

2240 W Woolbright Rd Boynton Beach, FL 33426
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
555 Ocean, Boynton Beach, FL 33426-4384 $875,000 Jan 2024 1,136 SF
3301 Quantum, Boynton Beach, FL 33426-8668 $37,250,000 Sep 2021 100,058 SF
1101 Congress, Boynton Beach, FL 33426-3336 $2,850,000 Mar 2021 15,857 SF
1275 Gtwy, Boynton Beach, FL 33426-8302 $10,000,000 Oct 2020 33,519 SF
555 Congress, Boynton Beach, FL 33426-3469 $3,700,000 Oct 2019 20,881 SF
1375 Gtwy, Boynton Beach, FL 33426-8304 $3,000,000 Feb 2019 15,244 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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