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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Showrooms
234 6th Ave, Boynton Beach, FL 33435-3891
Entity Owned
~
Est. High Equity
Property ID
US18-0456943
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1981
Construction
STEEL FRAME
Total area
3,840 SF
Lot
0.44 ac (19,123 SF)
Zoning code
C4
APN
08-43-45-21-18-000-0730
UPID
US18-0456943
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
-
Guttersmith Inc Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.26M
Owner & transaction history
234 Ne6th Ave LLC
234 Ne6th Ave LLC
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C4 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+21.7%
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%
$1,105,000
6.5%
$1,020,000
7%
$945,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,560,000
Current use
AUTO REPAIR, GARAGE
$1,895,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$1,555,000
Change: 0% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,515,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$1,515,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.40M (Feb 9 2026)
Last sale anchor
$1.40M
Feb 9 2026
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
$328 / 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
$13,538
Tax year 2023
Assessed value
$616,326
Assessed 2023
Previous assessed
$473,249
+30.2% YoY
Effective rate
2.20%
On assessed value
Assessed land
$344,214
Assessed improvement
$272,112
Land market value
$344,214
Improvement market value
$272,112
Total market value
$616,326
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,840 SF
Lot
0.44 ac (19,123 SF)
Zoning code
C4
APN
08-43-45-21-18-000-0730
UPID
US18-0456943
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C4 · Boynton Beach, FL
Zoning C4 · permitted uses
C4 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
234 Ne6th Ave LLC
Entity
Mailing address
2794 SW RIVERS END WAY, PALM CITY, FL 34990-7609
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
$1,400,000
234 Ne6th Ave LLC
Mn Real Estate Ventures LLC
Special Warranty Deed
$1,361,250 · The Bancorp Bank
Feb 9, 2026
—
234 Ne6th Ave LLC
—
Deed
related
$1,089,000 · The Bancorp Bank
Sep 12, 2023
—
Mn Real Estate Ventures LLC
Michael Nixon
Special Warranty Deed
$1,440,000 · Seacoast National Bank
Apr 6, 2022
$1,560,000
Michael Nixon
Smithcase LLC
Warranty Deed
—
Oct 21, 2009
$191,000
Smithcase LLC
Mccord,thomas Coc
Trustees Deed
related
—
Mar 16, 2006
$300,000
Thomas Mccord
Debbie Lynn Corp
Warranty Deed
$280,000 · Debbie Lynn Corp
Sep 29, 2004
$150,002
Debbie Lynn Corp
Moshier,robert R JR & Caren A
Quit Claim Deed
related
—
Apr 26, 2001
$75,000
Robert R Moshier
Debbie Lynn Corp
Quit Claim Deed
related
—
Aug 20, 1999
—
Robert R Moshier
Aksila,kaarlo A
Trustees Deed
related
—
—
—
Thomas Mccord
—
Deed Of Trust
related
$60,000 · Ronald J SR & Carol A Arena
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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