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    4953 Le Chalet Blvd Boynton Beach, FL 33436-1417

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    4953 Le Chalet Blvd Boynton Beach, FL 33436-1417

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    • Strip malls
    • 10,002 SF
    • 0.85 lot acres
    Off-Market
    Property ID
    US18-7817086
    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.
    Value Estimations
    $2,060,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Owl Country Grille / Restaurant
    • Fate and Fortune Tattoo Studio / Tattoo & Piercing Shop
    • Chrystal Event Hall / Hotel & Motel / Resort
    • Plaxe Janice S DO / Physician
    • Florida Center For Oral Surgery and Dental Implants / Dental Office

    Property Details for 4953 Le Chalet Blvd

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    0.85 lot acres
    Property size
    10,002 SF
    Zone code
    CG
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    00-42-45-13-04-001-0010
    APU
    424513040010010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,365,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1205
    Latitude
    26.555
    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
    $24,853
    $928,150
    $1,859,408
    $2,787,558
    -
    $928,150
    $1,859,408
    $2,787,558

    Comparable in this City

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      $3,530,000
      21,178 SF

      3469 Boynton Bch Blvd Ste, Unit 1

      SHOPPING CENTER, STRIP CENTER • 21,178 SF
      3469 Boynton Bch Blvd Ste, Boynton Beach, FL 33436-4638
      View Details
    • Value Estimation
      $1,745,000
      7,697 SF

      8135 Military Trl

      SHOPPING CENTER, STRIP CENTER • 7,697 SF
      8135 Military Trl, Boynton Beach, FL 33436-1504
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    • Value Estimation
      $2,255,000
      12,550 SF

      3501 Boynton Bch Blvd

      SHOPPING CENTER, STRIP CENTER • 12,550 SF
      3501 Boynton Bch Blvd, Boynton Beach, FL 33436-4533
      View Details
    • Value Estimation
      $3,220,000
      18,640 SF

      4895 Windward Psge Dr

      SHOPPING CENTER, STRIP CENTER • 18,640 SF
      4895 Windward Psge Dr, Boynton Beach, FL 33436-7741
      View Details
    • Value Estimation
      $3,935,000
      14,400 SF

      3301 Boynton Bch Blvd Ste, Unit 1

      SHOPPING CENTER, STRIP CENTER • 14,400 SF
      3301 Boynton Bch Blvd Ste, Boynton Beach, FL 33436-4642
      View Details
    • Value Estimation
      $3,225,000
      19,732 SF

      10114 Military Trl

      SHOPPING CENTER, STRIP CENTER • 19,732 SF
      10114 Military Trl, Boynton Beach, FL 33436-4048
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,420 SF

      Free-Standing Retail Building in Boynton

      12,420 SF retail building in Boynton Beach, Florida.
      12750 S Military Trl, Boynton Beach, FL 33436
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    • $525,000
      0.53 Acres

      Boynton Beach Land For Sale

      0.53 acre commercial land in Boynton Beach, Florida.
      Ruskin Ave, Boynton Beach, FL 33436
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    • Contact for pricing

      Boynton Beach Commercial Land Parcel

      1.81 acre commercial land parcel in Boynton Beach, Florida.
      12750-12770 S Military Trl, Boynton Beach, FL 33436
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      Boynton Beach Commercial Land Available

      Neighborhood center land for sale in Boynton Beach, Florida.
      9811 S Military Trl, Boynton Beach, FL 33436
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    • $1,150,000
      1.00 Acre

      Boynton Beach Commercial Land Opportunity

      Prime commercial land in Boynton Beach, ideal for development.
      8301 S Military Trl, Boynton Beach, FL 33436
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    • $64,900
      0.11 Acres

      Boynton Beach Vacant Corner Lot

      Vacant corner lot in a desirable 55+ community.
      56007 Amparo Bay, Boynton Beach, FL 33436
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,242 SF

      Retail Space in Boynton Beach

      Retail property in Boynton Beach with small shop space available.
      3603 W Woolbright Rd, Boynton Beach, FL 33436
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space in Boynton Beach

      Neighborhood shopping center with retail space for rent.
      9903 S Military Trl, Boynton Beach, FL 33436
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Boynton Beach

      Retail property in Boynton Beach with small shop space available.
      3591-3861 Woolbright Rd, Boynton Beach, FL 33436
      View Details
    • Contact for pricing

      Boynton Beach Shopping Center Space

      Retail and restaurant spaces available in busy Boynton Beach center.
      3861 Woolbright Rd, Boynton Beach, FL 33436
      View Details
    • Contact for pricing
      4,395 SF

      Retail Space in Boynton Beach

      Retail property in Boynton Beach with high population density.
      11060 S Military Trl, Boynton Beach, FL 33436
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space in Boynton Beach

      Retail property in Boynton Beach with high population density.
      3411-3441 W Woolbright Rd, Boynton Beach, FL 33436
      View Details
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    Boynton Beach, FL 33436-1417
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    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
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