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Property profile & analytics
OFF-MARKET
Estimated value
$3,250,000
Retail space
7940 Federal Hwy, Boca Raton, FL 33487-1679
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4453383
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
CONCRETE
Total area
14,041 SF
Lot
1.16 ac (50,708 SF)
Zoning code
R-B-1
APN
06-43-46-32-12-009-0070
UPID
US18-4453383
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
-
Universal Part Auto Repair Shop Vehicle Inspection Center
-
Internetik, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Be Advanced Capital Consultant
-
LinkedUp Marketing & Advertising Event Planning
-
Krunk Grillz (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.25M
Owner & transaction history
Smoke N Coffee Realty INC · 3 yrs held
Smoke N Coffee Realty INC
since 2023
7 recorded transactions
Zoning & alternative use
R-B-1 · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$3,955,000
6.5%
$3,655,000
7%
$3,390,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,800,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.25M
Range $2.93M – $3.58M · ±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
$231 / 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
$86,217
Tax year 2023
Assessed value
$4,549,997
Assessed 2023
Previous assessed
$4,271,437
+6.5% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,521,270
Assessed improvement
$3,028,727
Land market value
$1,521,270
Improvement market value
$3,028,727
Total market value
$4,549,997
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
14,041 SF
Lot
1.16 ac (50,708 SF)
Zoning code
R-B-1
APN
06-43-46-32-12-009-0070
UPID
US18-4453383
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-B-1 · Boca Raton, FL
Zoning 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
Boca Raton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.8M
WAREHOUSE, STORAGE
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
1985
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Smoke N Coffee Realty INC
Entity
Mailing address
640 MAIN ST, WESTBURY, NY 11590-4937
Ownership since
2023
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
May 15, 2024
—
Smoke N Coffee Realty INC
—
Deed
related
$3,500,000 · The Dagesse Family Trust
May 31, 2023
—
Smoke N Coffee Realty INC
Farr LLC
Warranty Deed
—
Dec 6, 2022
$6,000,000
Farr LLC
7940 Land Holdings LLC
Warranty Deed
$2,000,000 · Dagesse Family Trust
Nov 13, 2020
—
Land Holdings LLC
Cbgb Mgt LLC
Warranty Deed
$3,375,000 · Seaside Bk&tr
Jul 2, 2020
—
Cbgb Mgt LLC
—
Deed
related
$2,620,836 · Seaside Nat'l Bk&tr
Jan 13, 2006
—
Old Shore Associates II Lc
—
Trustees Deed
related
$160,000 · Colonial Bank
Mar 9, 1999
$1,375,000
Old Shore Associates II Lc
Zubicki Realty Associates
Grant Deed
$1,300,000 · Bankatlantic Fsb
—
—
Old Shore Associates II Lc
—
Deed Of Trust
related
$1,320,782 · Seaside National Bank & Trust
—
—
Cbgb Mgt LLC
—
Loan Modification
related
$2,620,836 · Seaside Nat'l Bk&tr
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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