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Property profile & analytics
OFF-MARKET
Estimated value
$14,150,000
Community centers
8180 Glades Rd Boca Raton, FL 33434-4064
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-0031645
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Construction
CONCRETE
Total area
51,738 SF
Lot
17.06 ac (743,155 SF)
Zoning code
CG
APN
00-42-47-17-14-001-0020
UPID
US18-0031645
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
-
Marshalls Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.15M
Owner & transaction history
Lakeside Center Edens LLC · 10 yrs held
Lakeside Center Edens LLC
since 2016
3 recorded transactions
Zoning & alternative use
CG · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The symbol city CG shall refer to the city CG commercial general district and shall be used to designate all land so zoned. (Ord. No. 5461, § 1, 10-23-18) Sec. 28-933. - Scope/adoption of regulations. Except as provided herein, all regulations set forth in the Palm Beach Unified Land Development Code (including Supplements 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, and…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
147.72 ac
Source
code of ordinances
Top alternative use upside
Retail stores
$20.6M
+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%
$16,600,000
6.5%
$15,325,000
7%
$14,230,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$20,440,000
Current use
RETAIL STORES
$20,630,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$20,390,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$14.15M
Range $12.74M – $15.57M · ±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
$273 / 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
$774,719
Tax year 2023
Assessed value
$43,862,468
Assessed 2023
Previous assessed
$42,641,054
+2.9% YoY
Effective rate
1.77%
On assessed value
Assessed land
$20,934,676
Assessed improvement
$22,927,792
Land market value
$20,934,676
Improvement market value
$22,927,792
Total market value
$43,862,468
Applied tax rate
355.0000
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
1991
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
7
Stories
1
Total area
51,738 SF
Lot
17.06 ac (743,155 SF)
Zoning code
CG
APN
00-42-47-17-14-001-0020
UPID
US18-0031645
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Boca Raton, FLZoning 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
Zoning description
The symbol city CG shall refer to the city CG commercial general district and shall be used to designate all land so zoned. (Ord. No. 5461, § 1, 10-23-18) Sec. 28-933. - Scope/adoption of regulations. Except as provided herein, all regulations set forth in the Palm Beach Unified Land Development Code (including Supplements 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, and 11, February 2002 Edition) in effect as of April 23, 2002, applicable to Palm Beach County's CG General Commercial zoning district ("ULDC") (including without limitation, development parameters and requirements, sign regulations, parking regulations, environmental regulations, and landscaping regulations) are incorporated herein and made a part hereof, shall constitute the regulations in this division, and shall apply in all city CG Commercial General districts; this incorporation of the ULDC is limited as follows: (i) no use shall be permitted unless specifically listed as a permitted or conditional use in
Zone name
General Commercial
General category
COMMERCIAL
Zone area
147.72 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$20.4M
RETAIL STORES
Est. value
$20.6M
MEDICAL BUILDING
Est. value
$20.4M
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
1991
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Lot
17.06 ac
Current owner
From public records · entity-resolved
Lakeside Center Edens LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1221 MAIN ST STE #1000, COLUMBIA, SC 29201-3255
Ownership since
2016
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
Jun 23, 2016
$40,500,000
Lakeside Center Edens LLC
Lakeside Dev Corp
Grant Deed
—
Jun 23, 2016
—
Lakeside Center Edens LLC
Ocean Properties Ltd
Correction Deed
related
—
—
—
Lakeside Dev Corp
—
Loan Modification
related
$6,637,500 · Miscellaneous Ins 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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