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Property profile & analytics
OFF-MARKET
Estimated value
$9,150,000
Office buildings
6700 Broken Sound NW Pkwy Boca Raton, FL 33487-2776
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3438503
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
CONCRETE
Total area
21,832 SF
Lot
0.29 ac (12,502 SF)
Zoning code
LIRP
APN
06-42-47-01-22-000-0010
UPID
US18-3438503
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
-
🔅Boca Raton Detailing & More Car Wash
-
Compact Container Systems Big Box & Wholesale Store Shipping Company
-
Leadflash Marketing & Advertising
-
Regency Marketing Marketing & Advertising
-
AE Industrial Partners, LP Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.25M
CAP Approach
CAP
$9.50M
Comparable Approach
Comparable
$6.93M
Blend (final)
Blend
$9.15M
Owner & transaction history
Aeroequity Partners LLC · 5 yrs held
Aeroequity Partners LLC
since 2021
Last sale
$11.0M
3 recorded transactions
Zoning & alternative use
LIRP · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.1M
+113.8%
Apartment house (5+ units)
$15.0M
+112.3%
Auto repair, garage
$10.8M
+53.0%
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
$9,210,000
ML approach
$7,250,000
CAP Approach
CAP Return
Estimation
6%
$10,285,000
6.5%
$9,495,000
7%
$8,820,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,050,000
Current use
RESTAURANT
$15,070,000
Change: +114% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$14,965,000
Change: +112% · Conversion: Easy
AUTO REPAIR, GARAGE
$10,785,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$8,705,000
Change: +23% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,625,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$8,605,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$9.15M
Range $8.24M – $10.07M · ±10% · vs last sale $11.00M (Feb 24 2025)
Last sale anchor
$11.00M
Feb 24 2025
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
$419 / 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
$90,723
Tax year 2023
Assessed value
$5,286,313
Assessed 2023
Previous assessed
$3,968,775
+33.2% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,087,482
Assessed improvement
$4,198,831
Land market value
$1,087,482
Improvement market value
$4,198,831
Total market value
$5,286,313
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
1999
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
21,832 SF
Lot
0.29 ac (12,502 SF)
Zoning code
LIRP
APN
06-42-47-01-22-000-0010
UPID
US18-3438503
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LIRP · Boca Raton, FL
Zoning LIRP · permitted uses
LIRP · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.1M
RESTAURANT
Est. value
$15.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.0M
AUTO REPAIR, GARAGE
Est. value
$10.8M
RETAIL STORES
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$8.6M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Aeroequity Partners LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6700 BROKEN SOUND PKWY NW STE #100, BOCA RATON, FL 33487-2777
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2021
$6,300,000
Aeroequity Partners LLC
William Scott Real Estate LLC
Warranty Deed
—
Sep 2, 2008
$4,900,000
William Scott Real Estate LLC
Kw Holding Ptshp
Grant Deed
—
Nov 10, 1999
$2,716,800
G LP
Cutthroat Joint Venture
Grant Deed
$2,400,000 · Tmg Life Insurance Co
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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