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Property profile & analytics
OFF-MARKET
Estimated value
$14,415,000
Medical Office Space
4675 Linton Blvd Delray Beach, FL 33445-6615
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-8393740
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
CONCRETE
Total area
32,520 SF
Lot
2.92 ac (127,065 SF)
Zoning code
PC
APN
12-42-46-24-27-002-0000
UPID
US18-8393740
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
-
Gastro Health - Delray 202 Physician
-
Joshua Scott Powers, MD Physician
-
Jarrod Friedman Physician
-
Robert Cohen Physician
-
Chester Maxson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.50M
Blend (final)
Blend
$14.42M
Owner & transaction history
Delray Beach Mob LLC · 3 yrs held
Delray Beach Mob LLC
since 2022
Last sale
$14.9M
3 recorded transactions
Zoning & alternative use
PC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Planned Commercial (PC) District provides for the establishment of retail, office, and other commercial activities on large sites in a well-planned, functional, and aesthetically pleasing manner; residential is allowed on a limited basis to preserve the generally non-residential character of the PC district. The PC District shall be applied to properties…
Zone name
Planned Commercial
General category
COMMERCIAL
Zone area
326.61 ac
Source
Realmo
Top alternative use upside
Restaurant
$22.4M
+75.1%
Apartment house (5+ units)
$22.3M
+73.9%
Auto repair, garage
$16.1M
+25.3%
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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
$14,310,000
ML approach
$10,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$12,815,000
Current use
RESTAURANT
$22,445,000
Change: +75% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$22,295,000
Change: +74% · Conversion: Moderate
AUTO REPAIR, GARAGE
$16,060,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$15,310,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$14.42M
Range $12.97M – $15.86M · ±10% · vs last sale $14.93M (Sep 30 2022)
Last sale anchor
$14.93M
Sep 30 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
$443 / 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
$228,776
Tax year 2023
Assessed value
$11,590,818
Assessed 2023
Previous assessed
$9,799,290
+18.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$2,796,838
Assessed improvement
$8,793,980
Land market value
$2,796,838
Improvement market value
$8,793,980
Total market value
$11,590,818
Applied tax rate
12,984.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
32,520 SF
Lot
2.92 ac (127,065 SF)
Zoning code
PC
APN
12-42-46-24-27-002-0000
UPID
US18-8393740
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PC · Delray Beach, FLZoning PC · permitted uses
PC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Planned Commercial (PC) District provides for the establishment of retail, office, and other commercial activities on large sites in a well-planned, functional, and aesthetically pleasing manner; residential is allowed on a limited basis to preserve the generally non-residential character of the PC district. The PC District shall be applied to properties designated as General Commercial on the Land Use Map where the unified development is, or will be, in excess of five acres; or when it is appropriate to preserve the character of certain specialty retail and office centers; or to ensure that certain high visibility areas are attractively developed
Zone name
Planned Commercial
General category
COMMERCIAL
Zone area
326.61 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$12.8M
RESTAURANT
Est. value
$22.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.3M
AUTO REPAIR, GARAGE
Est. value
$16.1M
OFFICE BUILDING
Est. value
$15.3M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2005
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
Delray Beach Mob LLC
Entity
Mailing address
425 7TH ST NE, CHARLOTTESVILLE, VA 22902-4723
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$14,925,000
Delray Beach Mob LLC
Fi Linton Medical Center LLC
Special Warranty Deed
$800,000 · Capital One Bank NA
Jul 28, 2010
—
Delray Outpatient Props LLC
—
Grant Deed
related
$8,960,000 · Comerica Bk
—
—
Delray Outpatient Props LLC
—
Loan Modification
related
$6,400,000 · Comerica 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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