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Property profile & analytics
FOR LEASE
Community centers
5060 Seminole Pratt Whitney Rd Loxahatchee, FL 33470
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5189215
For Lease
1 / 4
$21,135,000
5060 Seminole Pratt Whitney Rd, Loxahatchee, FL 33470
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1999
Construction
CONCRETE
Total area
76,902 SF
Lot
8.76 ac (381,468 SF)
Zoning code
MU
APN
77-40-43-01-01-001-0010
UPID
US18-5189215
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
-
Palm Beach County Fire Rescue Station 22 Fire Station
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Grove Shopping Partners Ltd Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.78M
Comparable Approach
Comparable
$25.20M
Blend (final)
Blend
$21.14M
Owner & transaction history
Grove Market Sg2020 LLC · 3 yrs held
Grove Market Sg2020 LLC
since 2022
Last sale
$19.5M
6 recorded transactions
Zoning & alternative use
MU · Loxahatchee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$30.7M
+0.9%
Office building
$30.5M
+0.4%
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 Loxahatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loxahatchee 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
$18,695,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,675,000
6.5%
$22,775,000
7%
$21,150,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$30,380,000
Current use
RETAIL STORES
$30,665,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$30,505,000
Change: +0% · Conversion: Moderate
MEDICAL BUILDING
$30,310,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$21.14M
Range $19.02M – $23.25M · ±10% · vs last sale $19.50M (Sep 16 2022)
Last sale anchor
$19.50M
Sep 16 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
$275 / 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
$553,503
Tax year 2023
Assessed value
$16,468,047
Assessed 2023
Previous assessed
$12,038,827
+36.8% YoY
Effective rate
3.36%
On assessed value
Assessed land
$4,806,484
Assessed improvement
$11,661,563
Land market value
$4,806,484
Improvement market value
$11,661,563
Total market value
$16,468,047
Applied tax rate
77,486.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
76,902 SF
Lot
8.76 ac (381,468 SF)
Zoning code
MU
APN
77-40-43-01-01-001-0010
UPID
US18-5189215
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU · Loxahatchee, FL
Zoning MU · permitted uses
MU · Loxahatchee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loxahatchee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$30.4M
RETAIL STORES
Est. value
$30.7M
OFFICE BUILDING
Est. value
$30.5M
MEDICAL BUILDING
Est. value
$30.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
OFFICE BUILDING
MEDICAL 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
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.76 ac
Current owner
From public records · entity-resolved
Grove Market Sg2020 LLC
Entity
Mailing address
120 SYLVAN AVE STE #301, ENGLEWOOD CLIFFS, NJ 07632-2505
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
—
Grove Market Anijerson LLC
—
Deed
related
$6,500,000 · Connectone Bank
Sep 16, 2022
$19,500,000
Grove Market Sg2020 LLC
5060 Loxahatchee Retail LLC
Special Warranty Deed
$14,500,000 · Connectone Bank
Dec 31, 2020
—
5060 Loxahatchee Retail LLC
—
Deed
related
$8,900,000 · Seacoast Nat'l Bk
Sep 12, 2016
$3,400,000
5060 Loxahatchee Retail LLC
Fucmt 2001-c4 Seminole Road Ll
Grant Deed
—
Oct 16, 2012
$900,100
Fucmt 2001 C4 Seminole Road Ll
Fwi 20 LLC Coc
Trustees Deed
—
—
—
5060 Loxahatchee Retail LLC
—
Deed Of Trust
related
$8,900,000 · Seacoast Nat'l 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.
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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