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Property profile

9960 South Central Park Blvd Boca Raton, FL 33428

FOR LEASE
Medical Office Space
Property ID
US18-4771068
50,501 SF 0.44 ac lot Built 1993
Last sale Jan 2013 · $12,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class B medical office building, located at 9960 N Central Park Blvd in Boca Raton, Florida, offers a variety of suite sizes perfect for medical practices of all sizes. The West Boca Medical Arts Pavilion I boasts a total of 49,906 square feet across four stories, built in 1993 and renovated in 2008. The building features convenient amenities including elevators. Currently, there is 5,226 square feet of vacant space available, with minimum divisible space starting at 13,397…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$158k
Tax billed · 2023
Assessed value$9.94M
Assessed land$507k
Assessed improvement$9.43M
Effective rate1.59%

Value estimate

· Oct 2026
$6.79M
$6.11M – $7.46M
NOI build-up
Gross scheduled income$322k
Vacancy & credit loss−$27k
Operating expenses−$118k
NOI · 678,919.23% cap applied$177k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$394/SF
County average, outlier-cleaned · 99 recorded sales of this use type
Observed band · Q1–Q3$266 – $612

Cap rate analysis

How does the asset earn?
678,919.23%
$177k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CSH
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency48.3
Law Firm37.5
Auto Repair Shop32.2

Location

9960 South Central Park Blvd Boca Raton, FL 33428
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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