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Property profile & analytics
OFF-MARKET
Estimated value
$20,160,000
Retail properties & Spaces
5800 Glades Rd Boca Raton, FL 33431-7220
Entity Owned
29-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6083710
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1980
Construction
CONCRETE
Total area
152,246 SF
Lot
10.72 ac (466,907 SF)
Zoning code
CITY CG
APN
06-42-47-14-00-000-7070
UPID
US18-6083710
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
-
Brunello Cucinelli Clothing & Fashion Store
-
Parenting Ink | Boca Raton Parenting Tips | Tricks | Advice Social Service Agency Community Center
-
The Salon Project By Joel Warren Boca Raton Hair Salon Nail Salon
-
Alaïa Saks Boca Raton Store Clothing & Fashion Store
-
DIOR Clothing Store Fashion Designer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.16M
Owner & transaction history
TOWN CENTER AT BOCA RATON TRUST 2
TOWN CENTER AT BOCA RATON TRUST 2
Zoning & alternative use
CITY CG · Boca Raton, FL
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
$132 / 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
$207,024
Tax year 2023
Assessed value
$9,800,000
Assessed 2023
Previous assessed
$9,800,000
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed improvement
$9,800,000
Improvement market value
$9,800,000
Total market value
$9,800,000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
152,246 SF
Lot
10.72 ac (466,907 SF)
Zoning code
CITY CG
APN
06-42-47-14-00-000-7070
UPID
US18-6083710
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CITY CG · Boca Raton, FLZoning CITY CG · permitted uses
CITY CG · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
10.72 ac
Current owner
From public records · entity-resolved
TOWN CENTER AT BOCA RATON TRUST 2
Entity
Free & Clear · 0 yrs held
Mailing address
5065 MAIN ST, TRUMBULL, CT 06611-4204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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