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Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Community centers
7060 Palmetto Park Rd, Boca Raton, FL 33433-3411
Individually Owned
Absentee Owner
Free & Clear
Property ID
US18-3085740
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2011
Construction
CONCRETE
Total area
7,865 SF
Lot
17.15 ac (746,915 SF)
Zoning code
CG
APN
00-42-47-28-01-021-0010
UPID
US18-3085740
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
-
City National Bank - Presto vATM Atm
-
Express Rооfеrs - Rооf Rераіr & Rерlасе Sеrvісе Roofing Company General Contractor
-
Florida MV Express Kiosk Department Of Motor Vehicles Kiosk
-
Boca Lawn Care & Trees Landscaping
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
11north Garden Shops At Boca Owner
11north Garden Shops At Boca Owner
since 2025
3 recorded transactions
Zoning & alternative use
CG · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.1M
+0.9%
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%
$2,525,000
6.5%
$2,330,000
7%
$2,165,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,105,000
Current use
RETAIL STORES
$3,135,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$3,100,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±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
$294 / 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
$750,105
Tax year 2023
Assessed value
$40,545,283
Assessed 2023
Previous assessed
$39,240,968
+3.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$19,606,519
Assessed improvement
$20,938,764
Land market value
$19,606,519
Improvement market value
$20,938,764
Total market value
$40,545,283
Applied tax rate
164.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2011
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
7,865 SF
Lot
17.15 ac (746,915 SF)
Zoning code
CG
APN
00-42-47-28-01-021-0010
UPID
US18-3085740
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Boca Raton, FL
Zoning CG · permitted uses
CG · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
RETAIL STORES
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
2011
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Lot
17.15 ac
Current owner
From public records · entity-resolved
11north Garden Shops At Boca Owner
Individual
Free & Clear · 0 yrs held
Mailing address
1541 SUNSET DR STE #300, MIAMI, FL 33143-5777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Oct 7, 2025
—
11north Garden Shops At Boca Owner
—
Deed
related
$260,000,000 · Prudential Insurance Of America
Aug 6, 2025
—
11north Garden Shops At Boca Owner
Garden Shops At Boca Joint Venture
Special Warranty Deed
—
May 3, 2022
—
Starbucks Corporation
Garden Shops At Boca Joint Venture
Lease
—
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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