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Property profile & analytics
OFF-MARKET
Estimated value
$9,425,000
Office buildings
933 45th St Mangonia Park, FL 33407-2413
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-3347986
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Construction
CONCRETE
Total area
23,430 SF
Lot
2.78 ac (121,140 SF)
Zoning code
CSPD
APN
74-43-43-04-31-001-0000
UPID
US18-3347986
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.48M
Blend (final)
Blend
$9.43M
Owner & transaction history
Origins Behavioral Healthcare · 11 yrs held
Origins Behavioral Healthcare
since 2014
3 recorded transactions
Zoning & alternative use
CSPD · Mangonia Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$14.0M
+90.1%
Medical building
$12.7M
+72.7%
Auto repair, garage
$12.1M
+64.3%
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 Mangonia Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mangonia Park 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,340,000
Current use
APARTMENT HOUSE (5+ UNITS)
$13,955,000
Change: +90% · Conversion: Easy
MEDICAL BUILDING
$12,680,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$12,060,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,015,000
Change: +36% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,780,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$9,720,000
Change: +32% · Conversion: Moderate
Blend value · Realmo final
$9.43M
Range $8.48M – $10.37M · ±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
$402 / 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
$59,953
Tax year 2023
Assessed value
$5,343,081
Assessed 2023
Previous assessed
$5,034,379
+6.1% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,516,748
Assessed improvement
$3,826,333
Land market value
$1,516,748
Improvement market value
$3,826,333
Total market value
$5,343,081
Applied tax rate
74,407.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
23,430 SF
Lot
2.78 ac (121,140 SF)
Zoning code
CSPD
APN
74-43-43-04-31-001-0000
UPID
US18-3347986
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CSPD · Mangonia Park, FL
Zoning CSPD · permitted uses
CSPD · Mangonia Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mangonia Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.0M
MEDICAL BUILDING
Est. value
$12.7M
AUTO REPAIR, GARAGE
Est. value
$12.1M
COMMERCIAL (GENERAL)
Est. value
$10.0M
INDUSTRIAL (GENERAL)
Est. value
$9.8M
RETAIL STORES
Est. value
$9.7M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1982
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.78 ac
Current owner
From public records · entity-resolved
Origins Behavioral Healthcare
Individual
Mailing address
4001 MAPLE AVE STE #600, DALLAS, TX 75219-3241
Ownership since
2014
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
May 12, 2017
—
Origins Behavioral Healthcare
—
Grant Deed
related
$20,000,000 · Legacy Bk/tx
Dec 22, 2014
$11,517,104
Origins Behavioral Healthcare
Hanley Center INC
Grant Deed
$40,310 · Whitehorse Finance INC
Jan 10, 2006
$1,093,399
Hanley Center INC
Tenet St Marys INC
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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