Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4270 Design Ctr Dr Palm Beach Gardens, FL 33410-4298

    • Medical Office Space
    • 9,129 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $1,415,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8340550
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 4270 Design Ctr Dr

    Year built
    2017
    Construction
    CONCRETE
    Lot size
    0.28 lot acres
    Property size
    9,129 SF
    Zone code
    MXD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    52-42-42-01-19-001-0040
    APU
    52424201190010040

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,130,000
      6.5%
      $1,965,000
      7%
      $1,825,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,630,000
      Market price range: $572k - $2.45M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach Gardens
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0964
    Latitude
    26.8416
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $60,691
    $1,224,700
    $2,030,415
    $3,255,115
    -
    $1,224,700
    $2,030,415
    $3,255,115

    Comparable in this City

    • Value Estimation
      $4,950,000
      37,959 SF

      4215 Burns Rd

      MEDICAL BUILDING • 37,959 SF
      4215 Burns Rd, Palm Beach Gardens, FL 33410-4625
      View Details
    • Value Estimation
      $1,155,000
      7,036 SF

      2865 Pga Blvd

      MEDICAL BUILDING • 7,036 SF
      2865 Pga Blvd, Palm Beach Gardens, FL 33410-2910
      View Details
    • Value Estimation by Request
      6,004 SF

      3250 Pga Blvd, Unit 200

      MEDICAL BUILDING • 6,004 SF
      3250 Pga Blvd, Palm Beach Gardens, FL 33410-2850
      View Details
    • Value Estimation
      $1,440,000
      10,027 SF

      4074 Northlake Blvd

      MEDICAL BUILDING • 10,027 SF
      4074 Northlake Blvd, Palm Beach Gardens, FL 33410-6257
      View Details
    • Value Estimation
      $14,560,000
      20,377 SF

      3602 Kyoto Gdns Dr

      MEDICAL BUILDING • 20,377 SF
      3602 Kyoto Gdns Dr, Palm Beach Gardens, FL 33410-2713
      View Details
    • Value Estimation
      $18,535,000
      38,944 SF

      900 Vlg Sq Xing

      MEDICAL BUILDING • 38,944 SF
      900 Vlg Sq Xing, Palm Beach Gardens, FL 33410-4547
      View Details

    Similar Nearby for Sale

    • $491,260
      1,276 SF

      Palm Beach Gardens Office Space

      Prime Office, Canal Views, $491,260
      10625 Military Trl, Palm Beach Gardens, FL 33410
      View Details
    • $375,000

      West Palm Beach Office Condo

      Prime Office Space, Great Location
      8259 Military Trl, West Palm Beach, FL 33410
      View Details
    • $2,300,000
      1,570 SF

      Palm Beach Gardens Portfolio

      Five-unit portfolio with recent upgrades and desirable features.
      156 Santa Barbara Way, Palm Beach Gardens, FL 33410
      View Details
    • New
      $695,000
      0.97 Acres

      Palm Beach Gardens Estate Parcel

      Expansive lot in Palm Beach Gardens, build your dream estate.
      11144 Monet Woods Rd, Palm Beach Gardens, FL 33410
      View Details
    • $2,300,000

      Five-Unit Portfolio with Upgrades

      Portfolio of five units with recent upgrades and desirable features.
      156 Santa Barbara Way, Palm Beach Gardens, FL 33410
      View Details
    • $2,599,000
      0.49 Acres

      Waterfront Home with Boating Access

      Charming waterfront home with exceptional boating access and sunset views.
      12831 Inshore Dr, Palm Beach Gardens, FL 33410
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      201,545 SF

      Promenade Plaza: Prime Palm Beach Space

      Retail & Office Suites Available in Palm Beach Gardens
      Palm Beach Gardens, FL 33410
      View Details
    • $25 SF/Yr
      30,681 SF

      PGA Professional Office Suites

      Class A Office Space, Palm Beach Gardens
      4290 Professional Center Dr, Palm Beach Gardens, FL 33410
      View Details
    • $28 SF/Yr
      21,587 SF

      Palm Beach Gardens Office Suites

      Prime Medical/Office Space Available
      11621 Kew Gdn Ave, Palm Beach Gardens, FL 33410
      View Details
    • $24 SF/Yr
      6,856 SF

      Medical Office Space Available

      Functional medical office space with direct ground floor access.
      3365 Burns Rd, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing
      4,902 SF

      Medical Office Space Available

      Medical office space featuring exam rooms and ample parking.
      2501-2548 Burns Rd, Palm Beach Gardens, FL 33410
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4270 Design Ctr Dr
    Palm Beach Gardens, FL 33410-4298
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!