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Property profile & analytics
FOR LEASE
Office buildings
5201 Congress Ave Boca Raton, FL 33487
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4331277
For Lease
1 / 9
Contact for pricing
5201 Congress Ave, Boca Raton, FL 33487
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
STEEL FRAME
Total area
220,364 SF
Lot
23.1 ac (1,006,179 SF)
Zoning code
LIRP PMD
APN
06-42-47-01-29-002-0000
UPID
US18-4331277
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
-
Digital Risk Boca Raton Financial Advisor
-
MessageOps IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Anthology, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Hamilton Jan MD Physician
-
Anthology (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$95.85M
Comparable Approach
Comparable
$97.35M
Blend (final)
Blend
$85.11M
Owner & transaction history
Trilogy Education Services LLC · 3 yrs held
Trilogy Education Services LLC
since 2022
6 recorded transactions
Zoning & alternative use
LIRP PMD · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
70.63 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$108.8M
+53.0%
Retail stores
$87.9M
+23.5%
Neighborhood: shopping center
$87.1M
+22.4%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$103,835,000
6.5%
$95,850,000
7%
$89,000,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$71,155,000
Current use
AUTO REPAIR, GARAGE
$108,840,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$87,870,000
Change: +23% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$87,055,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$86,855,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$85.11M
Range $76.59M – $93.62M · ±10%
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
$386 / 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
$1,381,185
Tax year 2023
Assessed value
$76,466,917
Assessed 2023
Previous assessed
$71,176,902
+7.4% YoY
Effective rate
1.81%
On assessed value
Assessed land
$13,206,635
Assessed improvement
$63,260,282
Land market value
$13,206,635
Improvement market value
$63,260,282
Total market value
$76,466,917
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
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
3
Total area
220,364 SF
Lot
23.1 ac (1,006,179 SF)
Zoning code
LIRP PMD
APN
06-42-47-01-29-002-0000
UPID
US18-4331277
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LIRP PMD · Boca Raton, FLZoning LIRP PMD · permitted uses
LIRP PMD · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
70.63 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$71.2M
AUTO REPAIR, GARAGE
Est. value
$108.8M
RETAIL STORES
Est. value
$87.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$87.1M
MEDICAL BUILDING
Est. value
$86.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
23.1 ac
Current owner
From public records · entity-resolved
Trilogy Education Services LLC
Entity
Free & Clear · 3 yrs held
Mailing address
901 W YAMATO RD STE #115, BOCA RATON, FL 33431-4409
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 23, 2022
—
Trilogy Education Services LLC
Pg Mainstreet North Forty Ll
Lease
—
Jun 28, 2022
—
Palm Beach County
Pg Mainstreet North Forty LLC
Intrafamily Transfer
related
—
Feb 11, 2019
$68,350,000
Pg Mainstreet North Forty LLC
Mainstreet Cv North 40 LLC
Trustees Deed
related
$95,160,000 · Bankunited Fsb
Nov 14, 2018
$100
Mainstreet Cv North 40 LLC
Lake Worth Drainage District
Quit Claim Deed
related
—
Jul 21, 2014
$20,263,258
Mainstreet Cv North 40 LLC
Teachers Ins & Annuity Assn Of Am
Grant Deed
$26,000,000 · Bank Of America
Jul 3, 2006
$62,150,000
Teachers Ins & Annuity Assn Of Am
Fairfax Boca 92
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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