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Property profile & analytics
OFF-MARKET
Estimated value
$2,965,000
Office buildings
6070 Federal Hwy Boca Raton, FL 33487-3937
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-0955879
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1975
Construction
CONCRETE
Total area
8,610 SF
Lot
0.77 ac (33,493 SF)
Zoning code
R-B-1
APN
06-43-47-05-02-019-0010
UPID
US18-0955879
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 Broward Homes Real Estate Agency
-
Cindy Galiardo, RE/MAX Services Real Estate Agency
-
Ellen Dorfman, Esq. Law Firm
-
Search South Florida Homes Real Estate Agency
-
Moving Seaside Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.75M
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$2.97M
Owner & transaction history
N Federal Investments II LLC · 19 yrs held
N Federal Investments II LLC
since 2007
7 recorded transactions
Zoning & alternative use
R-B-1 · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$4.3M
+53.0%
Retail stores
$3.4M
+23.5%
Neighborhood: shopping center
$3.4M
+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%
$4,055,000
6.5%
$3,745,000
7%
$3,475,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,780,000
Current use
AUTO REPAIR, GARAGE
$4,255,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$3,435,000
Change: +23% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,400,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$3,395,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$2.97M
Range $2.67M – $3.26M · ±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
$344 / 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
$44,253
Tax year 2023
Assessed value
$2,428,490
Assessed 2023
Previous assessed
$2,222,750
+9.3% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,071,744
Assessed improvement
$1,356,746
Land market value
$1,071,744
Improvement market value
$1,356,746
Total market value
$2,428,490
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
1975
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
8,610 SF
Lot
0.77 ac (33,493 SF)
Zoning code
R-B-1
APN
06-43-47-05-02-019-0010
UPID
US18-0955879
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-B-1 · Boca Raton, FLZoning R-B-1 · permitted uses
R-B-1 · 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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$4.3M
RETAIL STORES
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.4M
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
1975
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
N Federal Investments II LLC
Entity
Mailing address
215 N FEDERAL HWY, BOCA RATON, FL 33432-3994
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2019
—
James H Batmasian
—
Grant Deed
related
$15,000,000 · Amerant Bk NA
Oct 24, 2019
—
James H Batmasian
—
Deed
related
$5,099,999 · Amerant Bk NA
Mar 26, 2007
—
N Federal Investments II LLC
Lisiewski,martin
Warranty Deed
—
Sep 3, 1998
$912,000
Creative Ventures Of Boca INC
Kimmen,edward
Grant Deed
$825,000 · Seller
—
—
Martin E Lisiewski
—
Deed Of Trust
related
$300,000 · Regent Bank
—
—
Martin Lisiewski
—
Deed Of Trust
related
$500,000 · Regent Bank
—
—
Martin Lisiewski
—
Deed Of Trust
related
$3,100,000 · Regent Bank
—
—
James H Batmasian
—
Loan Modification
related
$5,099,999 · Amerant Bk NA
—
—
Martin E Lisiewski
—
Deed Of Trust
related
$250,000 · Regent Bank
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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