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Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Auto shops
1060 Skees Rd West Palm Beach, FL 33411-2626
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3744593
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1999
Construction
STEEL FRAME
Total area
5,400 SF
Lot
3.79 ac (164,979 SF)
Zoning code
IG
APN
00-42-43-27-05-004-0171
UPID
US18-3744593
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
$10.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.00M
Owner & transaction history
Coastal Waste & Recycling INC · 1 yrs held
Coastal Waste & Recycling INC
since 2024
Last sale
$10.0M
6 recorded transactions
Zoning & alternative use
IG · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$10,000,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Sep 9 2024)
Last sale anchor
$10.00M
Sep 9 2024
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
$1,852 / 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
$45,166
Tax year 2023
Assessed value
$3,712,269
Assessed 2023
Previous assessed
$3,712,269
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,969,604
Assessed improvement
$742,665
Land market value
$2,969,604
Improvement market value
$742,665
Total market value
$3,712,269
Applied tax rate
192.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,400 SF
Lot
3.79 ac (164,979 SF)
Zoning code
IG
APN
00-42-43-27-05-004-0171
UPID
US18-3744593
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IG · West Palm Beach, FL
Zoning IG · permitted uses
IG · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.79 ac
Current owner
From public records · entity-resolved
Coastal Waste & Recycling INC
Entity
Free & Clear · 1 yrs held
Mailing address
2481 NW 2ND AVE #200, BOCA RATON, FL 33431-6745
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
$10,000,000
Coastal Waste & Recycling INC
Panco Real Estate LLC
Quit Claim Deed
related
—
Oct 20, 2023
$10,000,000
Panco Real Estate LLC
The Colonial Family Limited Partner
Special Warranty Deed
—
Aug 20, 2019
—
The Colonial Family Limited Partner
The Colonial Family Limited Partner
Intrafamily Transfer
related
$1,440,000 · Regions Bank
Mar 23, 1998
$272,500
Colonial Family LP
Ring,charles B
Grant Deed
—
—
—
Colonial Family LP
—
Deed Of Trust
related
$650,000 · International Bank Of Miami
—
—
Colonial Family LP
—
Deed Of Trust
related
$176,800 · Mario Turcotte
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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