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Property profile & analytics
OFF-MARKET
Estimated value
$8,580,000
Industrial properties
7700 High Rdg Rd Boynton Beach, FL 33426-9326
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5470408
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1996
Construction
CONCRETE
Total area
39,815 SF
Lot
3.59 ac (156,398 SF)
Zoning code
PID
APN
08-43-45-09-21-002-0010
UPID
US18-5470408
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
-
Villa's Construction and Remodeling Inc Construction Company
-
Mav Kreative Karpentry General Contractor
-
Suncore Industries Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.67M
CAP Approach
CAP
$10.57M
Comparable Approach
Comparable
$9.71M
Blend (final)
Blend
$8.58M
Owner & transaction history
Riverbend Palm Beach Holdings I LLC · 4 yrs held
Riverbend Palm Beach Holdings I LLC
since 2022
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
PID · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.4M
+12.5%
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 Boynton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boynton Beach 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
$8,710,000
ML approach
$8,670,000
CAP Approach
CAP Return
Estimation
6%
$11,445,000
6.5%
$10,565,000
7%
$9,810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,915,000
Current use
OFFICE BUILDING
$13,400,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$8.58M
Range $7.72M – $9.44M · ±10% · vs last sale $7.90M (Jun 17 2022)
Last sale anchor
$7.90M
Jun 17 2022
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
$215 / 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
$148,069
Tax year 2023
Assessed value
$6,622,143
Assessed 2023
Previous assessed
$6,107,819
+8.4% YoY
Effective rate
2.24%
On assessed value
Assessed land
$2,033,187
Assessed improvement
$4,588,956
Land market value
$2,033,187
Improvement market value
$4,588,956
Total market value
$6,622,143
Applied tax rate
8,983.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
39,815 SF
Lot
3.59 ac (156,398 SF)
Zoning code
PID
APN
08-43-45-09-21-002-0010
UPID
US18-5470408
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PID · Boynton Beach, FL
Zoning PID · permitted uses
PID · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boynton Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.9M
OFFICE BUILDING
Est. value
$13.4M
COMMERCIAL (GENERAL) Current
OFFICE 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
1996
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.59 ac
Current owner
From public records · entity-resolved
Riverbend Palm Beach Holdings I LLC
Entity
Mailing address
204 W NEWBERRY RD, BLOOMFIELD, CT 06002-5314
Ownership since
2022
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 23, 2025
—
Riverbend South Whitehall Prop I Ll
—
Deed
related
$700,000,000 · Jpmorgan Chase Bank NA
Jul 12, 2023
—
Riverbend Orlando Holdings IV LLC
—
Deed
related
$475,000,000 · Standard Chartered Bank
Jun 17, 2022
$7,900,000
Riverbend Palm Beach Holdings I LLC
Fl 7700 High Ridge De LLC
Special Warranty Deed
—
Sep 24, 2021
$7,270,000
Fl 7700 High Ridge De LLC
Platinum Owner Fl LLC
Special Warranty Deed
$15,372 · Morgan Stanley Bank NA
Jan 19, 2021
$13,000,000
Platinum Owner Fl LLC
High Ridge Investors LLC
Special Warranty Deed
$695,000,000 · Barclays Capital Real Estate INC
Dec 17, 2019
$6,500,000
High Ridge Road Investors LLC
Florida R E Advisors 1 L South
Trustees Deed
$6,325,000 · Aurora Nat'l Life Assurance Co
Jan 19, 2017
$3,900,000
South Florida R & E Advisors 1 L
Kilpatrick Building INC
Grant Deed
$6,072,000 · First Bk/the Palm Beaches
Mar 3, 2010
—
Kilpatrick Building INC
—
Deed Of Trust
related
$6,000,000 · Branch Banking & Trust Co
—
—
Kilpatrick Building INC
—
Deed Of Trust
related
$1,500,000 · Branch Banking & Trust 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.
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