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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Hotels
1080 Main St 1 Belle Glade, FL 33430-4908
Entity Owned
19-yr Hold
Free & Clear
Property ID
US19-0628856
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1959
Construction
WOOD
Total area
3,048 SF
Lot
1.7 ac (74,052 SF)
Zoning code
B-2
APN
04-37-44-06-00-000-1130
UPID
US19-0628856
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
$425k
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$585k
Owner & transaction history
Bw Belle Glade LLC · 19 yrs held
Bw Belle Glade LLC
since 2007
2 recorded transactions
Zoning & alternative use
B-2 · Belle Glade, 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 Belle Glade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belle Glade 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%
$460,000
6.5%
$425,000
7%
$395,000
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$192 / 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
$9,855
Tax year 2023
Assessed value
$298,600
Assessed 2023
Previous assessed
$279,750
+6.7% YoY
Effective rate
3.30%
On assessed value
Assessed land
$161,707
Assessed improvement
$136,893
Land market value
$161,707
Improvement market value
$136,893
Total market value
$298,600
Applied tax rate
4,486.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
10
Rooms
10
Bathrooms
30
Total area
3,048 SF
Lot
1.7 ac (74,052 SF)
Zoning code
B-2
APN
04-37-44-06-00-000-1130
UPID
US19-0628856
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Belle Glade, FL
Zoning B-2 · permitted uses
B-2 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belle Glade. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
10
Rooms
10
Bathrooms
30
Lot
1.7 ac
Current owner
From public records · entity-resolved
Bw Belle Glade LLC
Entity
Free & Clear · 19 yrs held
Mailing address
6620 VIA ALFIERI, LAKE WORTH, FL 33467-7087
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2007
$700,000
Bw Belle Glade LLC
Patel,bhikhu & Hansa
Warranty Deed
—
—
—
Bhikhu Patel
—
Deed Of Trust
related
$284,000 · First Community Bank
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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