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Property profile & analytics
FOR SALE
Commercial real estate
112 SE 10Th St Delray Beach, FL 33483
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3870701
For Sale
1 / 50
$2,290,000
112 SE 10Th St, Delray Beach, FL 33483
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1935
Construction
WOOD
Total area
5,040 SF
Lot
0.34 ac (14,806 SF)
Zoning code
SAD
APN
12-43-46-21-13-005-0090
UPID
US18-3870701
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
-
EJB Kitchen & Home Improvements Hardware & Home Improvement Kitchen & Bath Showroom
-
Family Promise of South Palm Beach County Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$644k
Blend (final)
Blend
$935k
Owner & transaction history
112 Delray LLC · 4 yrs held
112 Delray LLC
since 2021
Last sale
$860,000
6 recorded transactions
Zoning & alternative use
SAD · Delray 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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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
$1,015,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $860k (Nov 5 2021)
Last sale anchor
$860k
Nov 5 2021
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
$186 / 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
$19,060
Tax year 2023
Assessed value
$941,590
Assessed 2023
Previous assessed
$912,746
+3.2% YoY
Effective rate
2.02%
On assessed value
Assessed land
$304,518
Assessed improvement
$637,072
Land market value
$304,518
Improvement market value
$637,072
Total market value
$941,590
Applied tax rate
12,987.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
5,040 SF
Lot
0.34 ac (14,806 SF)
Zoning code
SAD
APN
12-43-46-21-13-005-0090
UPID
US18-3870701
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
SAD · Delray Beach, FL
Zoning SAD · permitted uses
SAD · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
112 Delray LLC
Entity
Mailing address
22130 COLONY DR, BOCA RATON, FL 33433-5208
Ownership since
2021
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
Nov 5, 2021
$860,000
112 Delray LLC
Living Sober LLC
Warranty Deed
$731,000 · Paradise Bank
Nov 5, 2021
—
Living Sober LLC
George A Jahn
Quit Claim Deed
related
—
Jan 31, 2017
—
Living Sober LLC
—
Deed
related
$309,000 · First Citizens Bank & Trust Co
May 12, 2015
$635,000
Living Sober LLC
112 St 10th Street LLC
Warranty Deed
$498,000 · First Citizens Bank & Trust Co
May 31, 2005
$590,000
112 Se 10th Street LLC
Bellante,daniel
Warranty Deed
$477,000 · Bank Of America
Jan 11, 2005
$420,000
Daniel Bellante
Don Deb INC
Warranty Deed
$315,000 · Palm Beach County 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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