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Property profile & analytics
OFF-MARKET
Estimated value
$31,335,000
Office buildings
4955 Technology Way Boca Raton, FL 33431-3367
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-6034183
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2019
Construction
STEEL FRAME
Total area
111,239 SF
Lot
1.1 ac (47,742 SF)
Zoning code
LIRP
APN
06-43-47-07-12-001-0010
UPID
US18-6034183
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
-
FedEx Drop Box Postal Service Courier Service
-
Geo Group Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.34M
Owner & transaction history
Geo Corrections Holdings INC · 10 yrs held
Geo Corrections Holdings INC
since 2016
7 recorded transactions
Zoning & alternative use
LIRP · Boca Raton, FL
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
$282 / 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
$797,005
Tax year 2023
Assessed value
$44,025,490
Assessed 2023
Previous assessed
$43,154,956
+2.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$6,571,300
Assessed improvement
$37,454,190
Land market value
$6,571,300
Improvement market value
$37,454,190
Total market value
$44,025,490
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 (MULTI-STORY)
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
7
Units
1
Total area
111,239 SF
Lot
1.1 ac (47,742 SF)
Zoning code
LIRP
APN
06-43-47-07-12-001-0010
UPID
US18-6034183
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LIRP · Boca Raton, FL
Zoning LIRP · permitted uses
LIRP · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
7
Units
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Geo Corrections Holdings INC
Entity
Mailing address
4955 TECHNOLOGY WAY, BOCA RATON, FL 33431-3367
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2023
—
Geo Corrections Holdings INC
—
Deed
related
$22,185,000 · First Horizon Bank
Aug 16, 2019
—
Geo Corrections Holdings INC
—
Deed
related
$22,185,000 · Valley National Bank
Mar 11, 2016
$9,900,000
Geo Corrections Holdings INC
Bv Land LLC
Grant Deed
—
Oct 14, 2010
$2,100,000
Bv Land LLC
Falcon Whq LLC
Special Warranty Deed
$1,000,000 · Bankatlantic
—
—
Bv Land LLC
—
Loan Modification
related
$752,371 · Branch Bk&tr
—
—
Falcon Whq LLC
—
Deed Of Trust
related
$3,129,750 · Key Bank & Trust
—
—
Falcon Whq LLC
—
Deed Of Trust
related
$3,028,602 · Key Bank & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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