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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Strip malls
2310 2nd St Ste 1 Boynton Beach, FL 33435-7280
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0334735
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Construction
CONCRETE
Total area
3,201 SF
Lot
0.51 ac (22,189 SF)
Zoning code
C2
APN
08-43-45-33-03-000-0380
UPID
US18-0334735
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
-
Optimal Health And Wellness Center Alternative Medicine Practice
-
V & M Insurance Services Inc. Insurance Agency
-
Badesloct Restaurant
-
We Insure Boynton Beach - Vaide Mondesir Insurance Agency
-
Lavish Looks Hair Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$960k
Owner & transaction history
Trinh Property Company LLC · 5 yrs held
Trinh Property Company LLC
since 2021
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
C2 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
AL ZONING DISTRICT - Whenever the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C-3 community commercial; C-4 general commercial; CBD central business district; and PCD planned commercial dev…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
42.14 ac
Top alternative use upside
Auto repair, garage
$1.6M
+25.0%
Commercial (general)
$1.3M
+2.7%
Retail stores
$1.3M
+2.5%
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
$1,235,000
ML approach
$1,235,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$950,000
7%
$880,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,265,000
Current use
AUTO REPAIR, GARAGE
$1,580,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,300,000
Change: +3% · Conversion: Easy
RETAIL STORES
$1,295,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$1,260,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $1.00M (Jan 5 2021)
Last sale anchor
$1.00M
Jan 5 2021
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
$300 / 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
$23,389
Tax year 2023
Assessed value
$1,021,908
Assessed 2023
Previous assessed
$985,246
+3.7% YoY
Effective rate
2.29%
On assessed value
Assessed land
$370,540
Assessed improvement
$651,368
Land market value
$370,540
Improvement market value
$651,368
Total market value
$1,021,908
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,201 SF
Lot
0.51 ac (22,189 SF)
Zoning code
C2
APN
08-43-45-33-03-000-0380
UPID
US18-0334735
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C2 · Boynton Beach, FLZoning C2 · permitted uses
C2 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
AL ZONING DISTRICT - Whenever the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C-3 community commercial; C-4 general commercial; CBD central business district; and PCD planned commercial development. CODE 1958 - Any reference herein to "Code 1958" shall be construed to mea
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
42.14 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Trinh Property Company LLC
Entity
Mailing address
2760 SW 11TH ST, BOYNTON BEACH, FL 33426-7809
Ownership since
2021
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
Apr 15, 2025
—
Trinh Property Company LLC
—
Deed
related
$900,000 · Silver Hill Financial LLC
Jan 5, 2021
—
Trinh Property Company LLC
Macha Properties LLC
Warranty Deed
$250,000 · Macha Props LLC
Aug 17, 2016
—
Macha Properties LLC
—
Deed
related
—
Mar 30, 2006
$850,000
Macha Properties LLC
Brady,richard V
Warranty Deed
$660,000 · Gulfstream Business Bank
—
—
Macha Properties LLC
—
Loan Modification
related
—
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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