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Property profile & analytics
OFF-MARKET
Estimated value
$3,705,000
Office buildings
3960 Hypoluxo Rd, Boynton Beach, FL 33436-8522
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-1087025
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2006
Construction
CONCRETE
Total area
14,475 SF
Lot
1.12 ac (48,613 SF)
Zoning code
C3
APN
08-43-45-07-20-000-0020
UPID
US18-1087025
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
-
24-7 Hair salon Hair Salon Nail Salon
-
Phyllis A. Friedman Real Estate Agency
-
Carol Weller - Century 21 Tenace Realty Real Estate Agency
-
Martin Owens - Century 21 Tenace, Boynton Beach Real Estate Agency
-
Charlotte E Hooks: Allstate Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$3.71M
Owner & transaction history
Mountainview Real Estate LLC · 20 yrs held
Mountainview Real Estate LLC
since 2006
7 recorded transactions
Zoning & alternative use
C3 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.9M
+20.3%
Neighborhood: shopping center
$5.7M
+17.4%
Medical building
$5.7M
+17.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,870,000
Current use
RETAIL STORES
$5,865,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,720,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$5,705,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,060,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$3.71M
Range $3.33M – $4.08M · ±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
$256 / 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
$80,100
Tax year 2023
Assessed value
$3,666,730
Assessed 2023
Previous assessed
$3,450,030
+6.3% YoY
Effective rate
2.18%
On assessed value
Assessed land
$1,013,581
Assessed improvement
$2,653,149
Land market value
$1,013,581
Improvement market value
$2,653,149
Total market value
$3,666,730
Applied tax rate
8,983.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
14,475 SF
Lot
1.12 ac (48,613 SF)
Zoning code
C3
APN
08-43-45-07-20-000-0020
UPID
US18-1087025
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C3 · Boynton Beach, FL
Zoning C3 · permitted uses
C3 · 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
OFFICE BUILDING Current
Est. value
$4.9M
RETAIL STORES
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.1M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2006
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Mountainview Real Estate LLC
Entity
Mailing address
1835 N UNIVERSITY DR, CORAL SPRINGS, FL 33071-6001
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2022
—
Mountainview Real Estate LLC
—
Deed
related
$2,380,000 · Bankunited NA
Dec 19, 2018
—
Vdp Properties LLC
—
Deed
related
$181,196 · Mountainview Real Estate LLC
Mar 6, 2006
$874,962
Mountainview Real Estate LLC
Grove Plaza B LLC
Warranty Deed
$3,133,684 · Wachovia Bank NA
Apr 8, 2005
—
Grove Plaza B LLC
—
Trustees Deed
related
$420,000 · Colonial Bank
Oct 8, 2004
$503,381
Grove Plaza B LLC
Janke,walter H
Warranty Deed
$402,705 · Walter H Janke
—
—
Vdp Properties LLC
—
Deed Of Trust
related
$181,196 · Mountainview Real Estate LLC
—
—
Mountainview Real Estate LLC
—
Deed Of Trust
related
$2,790,000 · Paradise Bk
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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