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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Office buildings
101 County Rd Palm Beach, FL 33480-3952
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0425190
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1935
Construction
CONCRETE
Total area
4,042 SF
Lot
0.13 ac (5,741 SF)
Zoning code
C-TS
APN
50-43-43-22-31-000-0760
UPID
US18-0425190
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
-
Serena & Lily Palm Beach Furniture & Home Goods Home Decor Store
-
Fite Shavell & Associates: Mimi Vail Real Estate Agency
-
Homes For Sale in Palm Beach - Jason T. Corrigan - Fite Shavell & Associates Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.70M
Owner & transaction history
101 North County Road LLC · 2 yrs held
101 North County Road LLC
since 2023
7 recorded transactions
Zoning & alternative use
C-TS · Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+24.5%
Commercial (general)
$1.9M
+18.6%
Retail stores
$1.6M
+0.5%
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 Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Beach 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%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,605,000
Current use
AUTO REPAIR, GARAGE
$1,995,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,900,000
Change: +19% · Conversion: Easy
RETAIL STORES
$1,610,000
Change: +1% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,595,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,595,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$1,380,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±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
$419 / 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
$51,872
Tax year 2023
Assessed value
$3,429,998
Assessed 2023
Previous assessed
$3,185,306
+7.7% YoY
Effective rate
1.51%
On assessed value
Assessed land
$2,327,430
Assessed improvement
$1,102,568
Land market value
$2,327,430
Improvement market value
$1,102,568
Total market value
$3,429,998
Applied tax rate
50,411.0000
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
1935
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,042 SF
Lot
0.13 ac (5,741 SF)
Zoning code
C-TS
APN
50-43-43-22-31-000-0760
UPID
US18-0425190
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-TS · Palm Beach, FL
Zoning C-TS · permitted uses
C-TS · Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1935
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
101 North County Road LLC
Entity
Mailing address
528 S COUNTRY CLB DR, ATLANTIS, FL 33462-1240
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
—
101 North County Road LLC
Cathy W Shavell
Quit Claim Deed
related
—
Nov 20, 2018
$100
Wade M Shavell
Shavell Wade M
Warranty Deed
related
—
Jun 7, 2017
—
Wade M Shavell
—
Deed
related
$795,000 · Anchor Com'l Bk
Jan 25, 2010
—
David James Palm Beach LLC
—
Trustees Deed
related
$499,714 · Grand Bank For Savings Fsb
—
—
David James Palm Beach LLC
—
Deed Of Trust
related
$399,635 · Grand Bank For Savings Fsb
—
—
Wade Shavell
—
Deed Of Trust
related
$980,138 · Grand Bank For Savings Fsb
—
—
Wade Shavell
—
Deed Of Trust
related
$500,000 · Grand Bank For Savings Fsb
—
—
Wade Shavell
—
Deed Of Trust
related
$400,000 · Grand Bank For Savings Fsb
—
—
Wade Shavell
—
Deed Of Trust
related
$1,000,000 · Grand Bank For Savings Fsb
—
—
Nikiforos Stoupas
—
Deed Of Trust
related
$70,000 · Bavelis Financial Services
—
—
Wade M Shavell
—
Loan Modification
related
$795,000 · Anchor Com'l Bk
—
—
David James Palm Beach LLC
—
Loan Modification
related
$306,792 · Anchor Com'l Bk
—
—
Wade Shavell
—
Deed Of Trust
related
$548,786 · Grand Bank For Savings Fsb
—
—
Wade Shavell
—
Deed Of Trust
related
$399,944 · Grand Bank For Savings Fsb
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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