Trust Owned Property summary
AI-generated overview
This exceptional 1,800 square foot warehouse, one of only three in a freestanding building, is ideally situated in the heart of Boca Raton. Boasting a neat, well-lit open space approximately 30 feet wide by 59 feet long, it features 18-foot high ceilings (16 feet clear). The property includes an epoxy floor, LED lighting, impact windows, and a remodeled restroom. Access is provided by a power-lift 10' x 12' high hurricane-rated overhead door. The electrical system is a 220 VAC 200 AMP system, with 3-phase power available on-site. The space is fully air-conditioned. Its versatile design makes it suitable for a variety of uses, including antique car display, artist/craft/hobby studio, clean manufacturing, or showroom/distribution. The M2 zoning allows for a wide range of permitted uses within the City of Boca Raton. This prime location offers easy access to Mizner Park, downtown CRA, and the Brightline Station. The property is also adjacent to a City of Boca Raton municipal facility, providing added convenience and security. This is a rare opportunity to secure a high-quality warehouse space in a highly desirable location.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1965
Construction
CONCRETE BLOCKS
Total area
2,340 SF
APN
06-43-47-17-21-000-0010
UPID
US18-0103148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Dealership
-
(Bike/Boat/Book/etc) Store Home Decor Store
-
Car Dealership
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$295k
Owner & transaction history
since 2013
5 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$295k
Value range
$266k – $325k
±10% around blend
Estimated value / SF
$126 / SF
Confidence
High
16 county-verified comps
Property data
63
Market benchmarks
33
Comparable evidence
100
$266k
blend $295k
$325k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,340 SF
Year built
1965
APN
06-43-47-17-21-000-0010
Assessed value
$341,641
Annual tax
$5,966
3
Income approach: direct capitalization
Partial preview
Income approach indication
$470k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$510k
@ 6.5% CAP return
$470k
@ 7% CAP return
$440k
4
Sales comparison
Partial preview
Sales approach indication
$797k
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.6 mi away · 2,280 SF
10.4 mi away · 2,607 SF
10.5 mi away · 1,974 SF
10.7 mi away · 2,800 SF
10.7 mi away · 2,273 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$295k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 342 sales
$342
-63%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $126/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$342k
Move the market yield to see immediate price impact.
Value / SF
$146
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$22k
$430k
$307k
$239k
$24k
$478k
$342k
$266k
$26k
$526k
$376k
$292k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$660k
7.3 mi · Oct 2025 · $269/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,966
Tax year 2023
Assessed value
$341,641
Assessed 2023
Previous assessed
$256,418
+33.2% YoY
Effective rate
1.75%
On assessed value
Assessed improvement
$341,641
Improvement market value
$341,641
Total market value
$341,641
Applied tax rate
6,154.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1965
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
2,340 SF
APN
06-43-47-17-21-000-0010
UPID
US18-0103148
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE BLOCKS
Heating
NONE
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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