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Property profile & analytics
FOR LEASE
Office buildings
4300 Tbc Way Palm Beach Gardens, FL 33410
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4866225
For Lease
1 / 3
$15,835,000
4300 Tbc Way, Palm Beach Gardens, FL 33410
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
STEEL FRAME
Total area
44,415 SF
Lot
0.52 ac (22,490 SF)
Zoning code
MXD
APN
52-42-42-01-19-001-0020
UPID
US18-4866225
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
$10.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.48M
Blend (final)
Blend
$15.84M
Owner & transaction history
Psf Palm Beach Gardens LLC · 3 yrs held
Psf Palm Beach Gardens LLC
since 2022
Last sale
$15.5M
5 recorded transactions
Zoning & alternative use
MXD · Palm Beach Gardens, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$24.0M
+54.5%
Auto repair, garage
$22.9M
+46.9%
Industrial (general)
$18.5M
+19.2%
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 Palm Beach Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Beach Gardens 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
$14,860,000
ML approach
$10,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,560,000
Current use
MEDICAL BUILDING
$24,035,000
Change: +54% · Conversion: Easy
AUTO REPAIR, GARAGE
$22,860,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$18,540,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$18,430,000
Change: +18% · Conversion: Moderate
WAREHOUSE, STORAGE
$17,665,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$15.84M
Range $14.25M – $17.42M · ±10% · vs last sale $15.50M (Nov 7 2022)
Last sale anchor
$15.50M
Nov 7 2022
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
$357 / 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
$248,432
Tax year 2023
Assessed value
$13,175,000
Assessed 2023
Previous assessed
$17,487,027
-24.7% YoY
Effective rate
1.89%
On assessed value
Assessed improvement
$13,175,000
Improvement market value
$13,175,000
Total market value
$13,175,000
Applied tax rate
52,401.0000
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
For Lease
Year built
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
3
Total area
44,415 SF
Lot
0.52 ac (22,490 SF)
Zoning code
MXD
APN
52-42-42-01-19-001-0020
UPID
US18-4866225
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MXD · Palm Beach Gardens, FL
Zoning MXD · permitted uses
MXD · Palm Beach Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Beach Gardens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$15.6M
MEDICAL BUILDING
Est. value
$24.0M
AUTO REPAIR, GARAGE
Est. value
$22.9M
INDUSTRIAL (GENERAL)
Est. value
$18.5M
RETAIL STORES
Est. value
$18.4M
WAREHOUSE, STORAGE
Est. value
$17.7M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Psf Palm Beach Gardens LLC
Entity
Mailing address
98 SAN JACINTO BLVD STE #160, AUSTIN, TX 78701-4640
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
$15,500,000
Psf Palm Beach Gardens LLC
L Hudson Myer Properties LLC
Special Warranty Deed
$9,500,000 · American Savings Life Insurance Co
May 7, 2015
$18,000,000
L Hudson Yer Properties LLC
Turbo Investments International INC
Special Warranty Deed
—
Dec 11, 2013
$14,000,000
Turbo Investments Intl INC
Tbc Hq Lllp
Grant Deed
$8,500,000 · Avenue Bank
Sep 18, 2009
—
Tbc Hq Lllp
Cat Hq LLC
Grant Deed
—
—
—
Tbc Hq Lllp
—
Deed Of Trust
related
$7,000,000 · Royal Bank Of Canada
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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