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Property profile & analytics
FOR SALE
Strip malls
1100 S Main St Belle Glade, FL 33430
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4613436
For Sale
1 / 23
$989,900
1100 S Main St, Belle Glade, FL 33430
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
CONCRETE
Total area
11,606 SF
Lot
1.69 ac (73,551 SF)
Zoning code
B-3
APN
04-37-43-31-01-001-0010
UPID
US18-4613436
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
-
Center For Bone & Joint: Mikolajczak Michael DO Physician
-
Morgan Stanley Smith Barney Financial Advisor
-
Justin Ballard Physician
-
Mr. Carlos Pernas Physician
-
Botelho George MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
R M Hooker Properties LLC · 1 yrs held
R M Hooker Properties LLC
since 2024
2 recorded transactions
Zoning & alternative use
B-3 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to filling stations and service stations with or without major mechanical repairs, vehicular repair facility, vehicular sales and rentals and also veterinary hospitals in completely enclosed structures
Zone name
Liberal Business
General category
CIVIC_INSTITUTIONAL
Zone area
52.57 ac
Source
Realmo
Top alternative use upside
Office building
$4.6M
+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 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%
$3,725,000
6.5%
$3,435,000
7%
$3,190,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,585,000
Current use
OFFICE BUILDING
$4,605,000
Change: +0% · Conversion: Moderate
MEDICAL BUILDING
$4,575,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,970,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±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
$249 / 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
$33,951
Tax year 2023
Assessed value
$1,216,892
Assessed 2023
Previous assessed
$1,216,892
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$179,462
Assessed improvement
$1,037,430
Land market value
$179,462
Improvement market value
$1,037,430
Total market value
$1,216,892
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
29
Total area
11,606 SF
Lot
1.69 ac (73,551 SF)
Zoning code
B-3
APN
04-37-43-31-01-001-0010
UPID
US18-4613436
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Belle Glade, FLZoning B-3 · permitted uses
B-3 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to filling stations and service stations with or without major mechanical repairs, vehicular repair facility, vehicular sales and rentals and also veterinary hospitals in completely enclosed structures
Zone name
Liberal Business
General category
CIVIC_INSTITUTIONAL
Zone area
52.57 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
29
Lot
1.69 ac
Current owner
From public records · entity-resolved
R M Hooker Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1424 CAMPBELL ST, ORLANDO, FL 32806-7048
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
—
R M Hooker Properties LLC
Denise Dobberstein Liska
Quit Claim Deed
related
—
Jun 30, 2017
—
Manuel L Soto III
—
Deed
related
$78,830 · Bank Of Belle Glade
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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