Realmo Analytics

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Financial
Distress signals
Property profile

6998 N Federal Hwy Boca Raton, FL 33487

FOR LEASE
Retail space
Property ID
US18-5386636
10,574 SF 2.23 ac lot Built 1974
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$57k
Tax billed · 2023
Assessed value$3.00M
Assessed improvement$3.00M
Effective rate1.89%

Value estimate

· Oct 2026
$2.28M
$2.05M – $2.50M
CAP approach$2.75M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$399/SF
County average, outlier-cleaned · 289 recorded sales of this use type
Observed band · Q1–Q3$222 – $652
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-B-1
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.3
Daycare Center13.2
Dental Office12.5

Location

6998 N Federal Hwy Boca Raton, FL 33487
County assessor Recorded deeds · not on file 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
790 Park Of Commerce, Boca Raton, FL 33487-3619 $4,220,000 May 2025 25,090 SF
5131 Congress, Boca Raton, FL 33487-3617 $2,025,000 Jan 2024 3,510 SF
6403 Rogers, Boca Raton, FL 33487-2716 $7,400,000 Jul 2022 40,828 SF
1120 Rogers, Boca Raton, FL 33487-2709 $5,000,000 Jul 2021 3,504 SF
777 Park Of Commerce, Boca Raton, FL 33487-3621 $3,845,250 Dec 2020 22,481 SF
6350 Rogers, Boca Raton, FL 33487-2623 $1,975,000 Nov 2019 15,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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