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Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Medical Office Space
2645 Federal Hwy Delray Beach, FL 33483-6100
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1824768
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
WOOD
Total area
11,220 SF
Lot
0.83 ac (36,368 SF)
Zoning code
GC
APN
12-43-46-04-42-000-0280
UPID
US18-1824768
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
-
Pure Rad Med Aesthetics Physician Medical Clinic
-
Delray Care Physical Therapy, LLC Physician
-
Delray Beach Counseling Mindy Parsons, PhD, LMHC, RPT-S, NCC, CCMHC Family Counselor Counselor
-
Carol Kramer Slepian Medical Clinic
-
Elearis Learning Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.96M
Owner & transaction history
Brian Dudley · 13 yrs held
Brian Dudley
since 2013
6 recorded transactions
Zoning & alternative use
GC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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%
$2,465,000
6.5%
$2,275,000
7%
$2,110,000
Blend value · Realmo final
$1.96M
Range $1.76M – $2.16M · ±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
$175 / 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
$63,307
Tax year 2023
Assessed value
$3,183,365
Assessed 2023
Previous assessed
$3,074,261
+3.5% YoY
Effective rate
1.99%
On assessed value
Assessed land
$815,062
Assessed improvement
$2,368,303
Land market value
$815,062
Improvement market value
$2,368,303
Total market value
$3,183,365
Applied tax rate
12,984.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
11,220 SF
Lot
0.83 ac (36,368 SF)
Zoning code
GC
APN
12-43-46-04-42-000-0280
UPID
US18-1824768
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
GC · Delray Beach, FL
Zoning GC · permitted uses
GC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Brian Dudley
Individual
Free & Clear · 13 yrs held
Mailing address
925 EMERALD ROW, DELRAY BEACH, FL 33483-6107
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2013
$500,000
Brian Dudley
Cypress Trust Co
Warranty Deed
—
Aug 25, 2010
$200,100
Cypress Tr Trust
Prieto,anthony Coc
Trustees Deed
—
Jul 27, 2000
$230,000
Anthony Prieto
Grzybowski,joseph & Helene
Grant Deed
—
Nov 30, 1999
$130,000
Joseph Grzybowski
Brandt,sandra E
Grant Deed
—
—
—
Prieto,anthony
—
Deed Of Trust
related
$600,000 · Cypress Trust Co (te)
—
—
Prieto,anthony & Mercedes M
—
Deed Of Trust
related
$200,000 · Bernstein Manuel M Trust (tr)
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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