New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,075,000
Manufacturing properties
5900 Park Of Commerce Blvd Boca Raton, FL 33487-8212
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8884932
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Construction
CONCRETE
Total area
45,618 SF
Lot
5.19 ac (225,924 SF)
Zoning code
W-1
APN
06-43-47-06-03-015-0000
UPID
US18-8884932
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.08M
Owner & transaction history
Adma Biomanufacturing LLC · 9 yrs held
Adma Biomanufacturing LLC
since 2017
6 recorded transactions
Zoning & alternative use
W-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,210,000
6.5%
$7,575,000
7%
$7,035,000
Blend value · Realmo final
$7.08M
Range $6.37M – $7.78M · ±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
$155 / 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
$165,157
Tax year 2023
Assessed value
$9,008,017
Assessed 2023
Previous assessed
$9,008,017
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$2,419,625
Assessed improvement
$6,588,392
Land market value
$2,419,625
Improvement market value
$6,588,392
Total market value
$9,008,017
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
45,618 SF
Lot
5.19 ac (225,924 SF)
Zoning code
W-1
APN
06-43-47-06-03-015-0000
UPID
US18-8884932
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
W-1 · Boca Raton, FL
Zoning W-1 · permitted uses
W-1 · 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
1983
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
5.19 ac
Current owner
From public records · entity-resolved
Adma Biomanufacturing LLC
Entity
Mailing address
456 STATE RT 17, RAMSEY, NJ 07446-2013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Apr 2, 2024
—
Adma Biomanufacturing LLC
—
Deed
related
$62,500,000 · Ares Capital Corporation
Jul 20, 2022
—
Adma Biomanufacturing LLC
—
Deed
related
$175,000,000 · Hayfin Services LLP
Mar 28, 2019
—
Adma Biomanufacturing LLC
—
Grant Deed
related
$72,500,000 · Perceptive Credit Hldgs II LP
Oct 12, 2017
—
Adma Biomanufacturing LLC
—
Grant Deed
related
$40,000,000 · Wilmington Tr
Jun 7, 2017
$20,000,000
Adma Biomanufacturing LLC
Biotest Pharmaceuticals Corp
Trustees Deed
$21,000,000 · Oxford Fin
Dec 7, 2007
$30,272,000
Biotest Pharmaceuticals Corp
Nabi Biopharmaceuticals
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5900 Park Of Commerce Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
