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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Grocery and convenience stores
1 Palm St Pahokee, FL 33476-1004
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-6090096
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1977
Construction
CONCRETE
Total area
3,420 SF
Lot
1.5 ac (65,340 SF)
Zoning code
LI
APN
48-37-42-04-00-000-1020
UPID
US18-6090096
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
$1.02M
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.01M
Owner & transaction history
Lakeview Estate Properties LLC · 3 yrs held
Lakeview Estate Properties LLC
since 2023
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
LI · Pahokee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+19.1%
Retail stores
$1.4M
+0.9%
Office building
$1.4M
+0.4%
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 Pahokee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pahokee 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
$960,000
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
$1,095,000
6.5%
$1,015,000
7%
$940,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,350,000
Current use
COMMERCIAL (GENERAL)
$1,610,000
Change: +19% · Conversion: Easy
RETAIL STORES
$1,365,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$1,355,000
Change: +0% · Conversion: Moderate
MEDICAL BUILDING
$1,350,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,170,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.00M (Mar 31 2022)
Last sale anchor
$1.00M
Mar 31 2022
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
$295 / 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
$14,057
Tax year 2023
Assessed value
$379,302
Assessed 2023
Previous assessed
$383,602
-1.1% YoY
Effective rate
3.71%
On assessed value
Assessed land
$112,000
Assessed improvement
$267,302
Land market value
$112,000
Improvement market value
$267,302
Total market value
$379,302
Applied tax rate
48,486.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
8
Total area
3,420 SF
Lot
1.5 ac (65,340 SF)
Zoning code
LI
APN
48-37-42-04-00-000-1020
UPID
US18-6090096
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LI · Pahokee, FL
Zoning LI · permitted uses
LI · Pahokee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pahokee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
8
Lot
1.5 ac
Current owner
From public records · entity-resolved
Lakeview Estate Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2250 COTTON TAIL DR, WELLINGTON, FL 33470-5002
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
—
Lakeview Estate Properties LLC
Ckmhp LLC
Correction Deed
related
—
Mar 31, 2022
—
Ckmhp LLC
Ckg LLC
Quit Claim Deed
related
—
Mar 31, 2022
$1,000,000
Lakeview Estate Properties LLC
Ckmhp LLC
Warranty Deed
$1,537,500 · Optimumbank
Sep 30, 2020
—
Charles A Keen
Richard C Keen
Quit Claim Deed
related
—
Aug 9, 2018
—
Richard C Keen
Keen Florence S
Quit Claim Deed
related
—
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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