Entity Owned Property summary
AI-generated overview
The property is a warehouse facility containing 457,110 square feet of space, configured for industrial and distribution uses. It is located in Boynton Beach, Florida, and is designed to be leased.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1970
Construction
CONCRETE
Total area
54,738 SF
Lot
30.73 ac (1,338,555 SF)
Zoning code
M1
APN
08-43-46-05-00-000-7010
UPID
US18-1682425
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
-
Medical Clinic
-
Medical Clinic
-
Home Health Care Service
-
Check Cashing
-
Freight Service Logistics Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$37.75M
CAP Approach
CAP
$23.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$37.75M
Owner & transaction history
since 2024
Last sale
$37.8M
3 recorded transactions
Zoning & alternative use
M1 · Boynton Beach, FL
Zoning description
dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding…
General category
INDUSTRIAL
Top alternative use upside
Restaurant
$37.8M
+105.1%
Apartment house (5+ units)
$37.5M
+103.7%
Auto repair, garage
$27.0M
+46.8%
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 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$37.75M
Value range
$33.98M – $41.53M
±10% around blend
Estimated value / SF
$690 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
50
$33.98M
blend $37.75M
$41.53M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
54,738 SF
Lot area
30.73 ac
Year built
1970
Stories
1
APN
08-43-46-05-00-000-7010
Zoning
M1
Assessed value
$18,746,741
Annual tax
$328,394
3
Income approach: direct capitalization
Partial preview
Income approach indication
$23.81M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$25.80M
@ 6.5% CAP return
$23.81M
@ 7% CAP return
$22.11M
4
Sales comparison
Partial preview
Sales approach indication
$12.76M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.4 mi away · 42,499 SF
19.8 mi away · 60,540 SF
20.5 mi away · 42,445 SF
24.1 mi away · 50,876 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$37.75M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 37 sales
$337
+105%
County 950 sales
$397
+74%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $690/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+105%
vs current-use indication
Apartment House (5+ Units)
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
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.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.10%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.10%
9.0%
NOI (est.)
$2.64M *
Last sale · Apr 2024
$37.75M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$64.45M
Move the market yield to see immediate price impact.
Value / SF
$1,177
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
3.60%4.10%4.60%
$2.38M
$66.06M
$58.01M
$51.70M
$2.64M
$73.40M
$64.45M
$57.45M
$2.91M
$80.74M
$70.90M
$63.19M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$16.40M
13.2 mi · Nov 2025 · $417/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$328,394
Tax year 2023
Assessed value
$18,746,741
Assessed 2023
Previous assessed
$18,746,741
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$8,488,697
Assessed improvement
$10,258,044
Land market value
$8,488,697
Improvement market value
$10,258,044
Total market value
$18,746,741
Applied tax rate
8,984.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
54,738 SF
Lot
30.73 ac (1,338,555 SF)
Zoning code
M1
APN
08-43-46-05-00-000-7010
UPID
US18-1682425
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M1 · Boynton Beach, FLZoning M1 · permitted uses
M1 · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding…
General category
INDUSTRIAL
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
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
30.73 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
M1
INDUSTRIAL
Jurisdiction
Boynton Beach, FL
Recorded code
M1
Official district
M1
Official district profile
What the municipal code says about M1
Zoning description
dential districts, additional floor area and/or expansions to nonconforming buildings and structures are allowed, provided that the development meets all district setbacks. In non-residential zoning districts, excluding…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Boynton Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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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.
Registration is required before any owner information is shown.
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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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