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Property profile & analytics
OFF-MARKET
Estimated value
$3,825,000
Drug stores
10420 Frst Hl Blvd, Wellington, FL 33414-3172
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-4269337
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2006
Construction
CONCRETE
Total area
15,101 SF
Lot
1.93 ac (84,258 SF)
Zoning code
MUPD
APN
73-41-44-13-01-003-0010
UPID
US18-4269337
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
$3.29M
Comparable Approach
Comparable
$3.07M
Blend (final)
Blend
$3.83M
Owner & transaction history
Eldan Wellington LLC · 6 yrs held
Eldan Wellington LLC
since 2019
5 recorded transactions
Zoning & alternative use
MUPD · Wellington, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.3M
+0.6%
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 Wellington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellington 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%
$3,560,000
6.5%
$3,285,000
7%
$3,050,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,265,000
Current use
INDUSTRIAL (GENERAL)
$6,305,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,005,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,870,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$3.83M
Range $3.44M – $4.21M · ±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
$253 / 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
$84,141
Tax year 2023
Assessed value
$4,311,459
Assessed 2023
Previous assessed
$4,116,180
+4.7% YoY
Effective rate
1.95%
On assessed value
Assessed land
$1,896,800
Assessed improvement
$2,414,659
Land market value
$1,896,800
Improvement market value
$2,414,659
Total market value
$4,311,459
Applied tax rate
73,486.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
15,101 SF
Lot
1.93 ac (84,258 SF)
Zoning code
MUPD
APN
73-41-44-13-01-003-0010
UPID
US18-4269337
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MUPD · Wellington, FL
Zoning MUPD · permitted uses
MUPD · Wellington, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wellington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.3M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
WAREHOUSE, STORAGE
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.9M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2006
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Eldan Wellington LLC
Entity
Free & Clear · 6 yrs held
Mailing address
53 N PARK AVE STE #51, ROCKVILLE CENTRE, NY 11570-4111
Ownership since
2019
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
Dec 10, 2019
$9,800,000
Eldan Wellington LLC
Yeung Property Holdings INC
Warranty Deed
—
Mar 25, 2016
$9,500,000
Yeung Property Holdings INC
Rdz Wellington Partners LLC
Grant Deed
related
$6,000,000 · Stonegate Bk
Apr 19, 2007
$7,700,000
Rdz Wellington Partners LLC
Wellington Mall Partners LLC
Grant Deed
—
Oct 31, 2005
—
Wellington Mall Partners LLC
—
Trustees Deed
related
$400,000 · Bankatlantic Fsb
Jan 19, 2005
$2,500,000
Wellington Mall Partners LLC
Tj Palm Beach Associates LP
Special Warranty Deed
$4,937,000 · Bankatlantic
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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