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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Day care centers
111 Professional Way Wellington, FL 33414-6392
Individually Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4026232
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2010
Construction
WOOD
Total area
9,070 SF
Lot
2.01 ac (87,678 SF)
Zoning code
PUD
APN
73-41-43-31-11-000-0010
UPID
US18-4026232
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
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$911k
Blend (final)
Blend
$690k
Owner & transaction history
Home Away From Hm Wellington L · 17 yrs held
Home Away From Hm Wellington L
since 2009
4 recorded transactions
Zoning & alternative use
PUD · Wellington, 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 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
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$76 / 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
$38,330
Tax year 2023
Assessed value
$1,898,910
Assessed 2023
Previous assessed
$1,904,424
-0.3% YoY
Effective rate
2.02%
On assessed value
Assessed land
$289,400
Assessed improvement
$1,609,510
Land market value
$289,400
Improvement market value
$1,609,510
Total market value
$1,898,910
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
9,070 SF
Lot
2.01 ac (87,678 SF)
Zoning code
PUD
APN
73-41-43-31-11-000-0010
UPID
US18-4026232
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PUD · Wellington, FL
Zoning PUD · permitted uses
PUD · 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.
Building & site characteristics
From public records
Year built
2010
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Home Away From Hm Wellington L
Individual
Free & Clear · 17 yrs held
Mailing address
2003 VISION DR, PALM BCH GDNS, FL 33418-3852
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2016
—
Home Away From Home Wellington Lear
—
Deed
related
$632,000 · Valley Bank
Jan 22, 2009
$900,000
Home Away From Hm Wellington L
Lake Wellington Prof Center In
Warranty Deed
—
Jan 22, 2009
—
Home Away From Hm Wellington L
—
Deed Of Trust
related
$650,000 · Enterprise Bk/fl
—
—
Home Away From Hm Wellington L
—
Deed Of Trust
related
$2,440,000 · Enterprise Bk/fl
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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