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Property profile & analytics
OFF-MARKET
Auto shops
409 Railroad Ave Boynton Beach, FL 33435-3802
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-2020613
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1957
Construction
CONCRETE
Total area
1,140 SF
Lot
0.28 ac (12,258 SF)
Zoning code
M1
APN
08-43-45-21-18-000-0190
UPID
US18-2020613
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
-
Boynton Auto Collision Auto Repair Shop
-
Mercedes Maintenance Group MMG & BMW of Boynton Beach Mercedes BMW Auto Repair Shop
-
Boynton Auto Repair and Transmission Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
E 409 · 14 yrs held
E 409
since 2011
7 recorded transactions
Zoning & alternative use
M1 · Boynton 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$6,855
Tax year 2023
Assessed value
$394,661
Assessed 2023
Previous assessed
$265,716
+48.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$294,216
Assessed improvement
$100,445
Land market value
$294,216
Improvement market value
$100,445
Total market value
$394,661
Applied tax rate
8,987.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,140 SF
Lot
0.28 ac (12,258 SF)
Zoning code
M1
APN
08-43-45-21-18-000-0190
UPID
US18-2020613
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M1 · Boynton Beach, FL
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
E 409
Individual
Mailing address
409 N RAILROAD AVE, BOYNTON BEACH, FL 33435-3802
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2021
—
409 E A LLC
—
Deed
related
$200,000 · Td Bank NA
Jul 12, 2019
—
409 E A LLC
—
Deed
related
$200,000 · Francesco & Lilia M Dimeo
Nov 15, 2016
—
409 E A LLC
—
Deed
related
$100,000 · Suzie Cote
Aug 23, 2011
$200,000
E 409
409 Rail Road Avenue LLC
Warranty Deed
$120,000 · Cote Serge Family Trust (pt)
Feb 11, 2010
$436,487
409 Rail Road Avenue LLC
Boynton Auto Works INC
Warranty Deed
—
Dec 21, 2006
$475,000
Boynton Auto Works INC
409 Rail Road Avenue LLC
Warranty Deed
$450,000 · 409 Rail Road Avenue LLC
Apr 8, 2004
—
409 Rail Road Ave LLC
Hopkins,james
Grant Deed
$170,000 · Palm Beach County Bank
Nov 25, 2003
$200,000
James Hopkins
Hopkins,rose P
Quit Claim Deed
related
—
—
—
409 E A LLC
—
Deed Of Trust
related
$200,000 · Francesco & Lilia M Dimeo
—
—
409 E A LLC
—
Deed Of Trust
related
$100,000 · Suzie Cote
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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