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Property profile & analytics
OFF-MARKET
Office buildings
4722 2nd Ave 36 Boca Raton, FL 33431-4157
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-3712996
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
CONCRETE BLOCKS
Total area
74 SF
APN
06-43-47-08-27-003-0036
UPID
US18-3712996
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
-
Wendi Cassand Medical Clinic
-
Nikki Levy Interiors Interior Design Home Decor Store
-
Prestige Kitchen, Bath & Floors Hardware & Home Improvement Kitchen & Bath Showroom
-
Miriam Pearson-Martinez, LM Medical Clinic
-
Avion Alloys Inc Factory Production Facility
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
Charles Napoli · 1 yrs held
Charles Napoli
since 2025
Last sale
$525,000
5 recorded transactions
Zoning & alternative use
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 Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton 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
$5,377
Tax year 2023
Assessed value
$276,667
Assessed 2023
Previous assessed
$241,413
+14.6% YoY
Effective rate
1.94%
On assessed value
Assessed improvement
$276,667
Improvement market value
$276,667
Total market value
$276,667
Applied tax rate
6,154.0000
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
Status
Off-Market
Year built
1982
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
74 SF
APN
06-43-47-08-27-003-0036
UPID
US18-3712996
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE BLOCKS
Heating
NONE
Current owner
From public records · entity-resolved
Charles Napoli
Individual
Free & Clear · 1 yrs held
Mailing address
16284 BRISTOL POINTE DR, DELRAY BEACH, FL 33446-2363
Ownership since
2025
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
Mar 3, 2025
$525,000
Charles Napoli
Levprops LLC
Warranty Deed
—
Apr 2, 2019
$275,000
Levprops LLC
Putman,charles E & Carole R
Warranty Deed
$220,000 · Bank Of America
Jan 19, 2010
—
Charles E Putman
—
Trustees Deed
related
$60,000 · Whp Self Directed Ira LLC
—
—
Charles E Putman
—
Deed Of Trust
related
$60,000 · Sound Mortgage INC
—
—
Charles E Putman
—
Deed Of Trust
related
$88,000 · Sound Mortgage INC
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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