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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Commercial land
276 Yamato Rd Boca Raton, FL 33431-4772
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-7405178
Property summary
AI-generated overview
This exceptional retail space, located on Broadway between Bedford and Driggs Avenues in the heart of Old Williamsburg, offers 1,600 square feet on the ground floor and an additional 1,600 square feet in the basement. The space boasts a 12-foot frontage and impressive 12-foot ceilings, providing excellent visibility and a spacious interior. Its prime location within a high foot traffic corridor ensures maximum exposure to potential customers. The property features a glass frontage, maximizing natural light and showcasing your business. Immediate possession is available. The area is densely populated with a strong residential base, and benefits from proximity to the Marcy Avenue J, M, and Z subway lines, boasting an annual ridership exceeding 3 million. Nearby establishments include popular restaurants, cafes, and other businesses, creating a vibrant and thriving commercial environment. A bathroom is already in place. All uses are considered. The asking rent is available upon request.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.2 ac (8,712 SF)
Zoning code
B-1
APN
06-43-47-08-03-001-0010
UPID
US18-7405178
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Abitos Boca Development LLC · 4 yrs held
Abitos Boca Development LLC
since 2021
Last sale
$905,450
6 recorded transactions
Zoning & alternative use
B-1 · Boca Raton, 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 Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton 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
$1,280,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $905k (Dec 15 2021)
Last sale anchor
$905k
Dec 15 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
—
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
$4,458
Tax year 2023
Assessed value
$348,400
Assessed 2023
Previous assessed
$187,612
+85.7% YoY
Effective rate
1.28%
On assessed value
Assessed land
$348,400
Land market value
$348,400
Total market value
$348,400
Applied tax rate
6,154.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.2 ac (8,712 SF)
Zoning code
B-1
APN
06-43-47-08-03-001-0010
UPID
US18-7405178
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Boca Raton, FL
Zoning B-1 · permitted uses
B-1 · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Abitos Boca Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
255 ARAGON AVE FL #2, CORAL GABLES, FL 33134-5059
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
$905,450
Abitos Boca Development LLC
276 Yamato LLC
Warranty Deed
—
May 14, 2013
$59,090
276 Yamato LLC
Yamato Boca INC
Warranty Deed
—
Jun 16, 2009
$650,000
Yamato Boca INC
Mercedes Homes INC
Grant Deed
—
Nov 10, 2008
—
Mercedes Homes INC
—
Deed Of Trust
related
$550,000,000 · Real Estate Invs Venturs LLC
Oct 19, 2005
$220,000
Mercedes Homes INC
Iberia Mortgage Corp
Warranty Deed
—
Jul 9, 2002
$120,000
Iberia Mortgage Corp
Chess Trust
Grant Deed
related
$90,000 · Wachovia Bank NA
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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