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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Commercial land
900 Broken Sound NW Pkwy Boca Raton, FL 33487-3513
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-6322627
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.94 ac (84,458 SF)
Zoning code
LIRP PMD
APN
06-42-47-01-14-000-0030
UPID
US18-6322627
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
-
900 Broken Sound Real Estate Agency
-
The Omni Agency Insurance Agency
-
JRA Educational Consulting Training Center
-
CSL Behring Corporate Office
-
Score At The Top Learning Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.04M
Owner & transaction history
Phg Mainstreet Boca Raton LLC · 6 yrs held
Phg Mainstreet Boca Raton LLC
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
LIRP PMD · 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
$2,105,000
ML approach
$2,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10% · vs last sale $1.83M (Jan 13 2020)
Last sale anchor
$1.83M
Jan 13 2020
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
—
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
$33,000
Tax year 2023
Assessed value
$1,984,970
Assessed 2023
Previous assessed
$1,809,390
+9.7% YoY
Effective rate
1.66%
On assessed value
Assessed land
$1,951,026
Assessed improvement
$33,944
Land market value
$1,951,026
Improvement market value
$33,944
Total market value
$1,984,970
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.94 ac (84,458 SF)
Zoning code
LIRP PMD
APN
06-42-47-01-14-000-0030
UPID
US18-6322627
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LIRP PMD · Boca Raton, FL
Zoning LIRP PMD · permitted uses
LIRP PMD · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
1.94 ac
Current owner
From public records · entity-resolved
Phg Mainstreet Boca Raton LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2101 W COMMERCIAL BLVD STE #1200, FORT LAUDERDALE, FL 33309-3175
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2020
$1,830,250
Phg Mainstreet Boca Raton LLC
Div Of Mainstreet 900 Broken Soun
Grant Deed
—
Jun 6, 2018
$23,675,000
900 Broken Sound LLC
Div Of Mainstreet 900 Broken Soun
Grant Deed
related
—
Nov 19, 2015
$19,750,000
Div Of Mainstreet 900 Broken Soun
900 & 5500 Broken Sound Assocs
Trustees Deed
$13,000,000 · Bank Of America
Sep 8, 2014
$14,800,000
Residences At Broken Sound LLC
900 & 5500 Broken Sound Assocs
Grant Deed
—
Sep 10, 2010
—
900 Assocs
—
Deed Of Trust
related
$28,679,884 · Wells Fargo Bank
Jul 13, 2007
$37,000,000
900 Assocs
Siemens Real Estate INC
Grant Deed
$32,632,000 · Wells Fargo Bank
Jun 13, 2007
$7,859,713
Siemens Real Estate INC
Smi Holding LLC
Grant Deed
—
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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