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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Distribution centers
1132 53rd N Ct Mangonia Park, FL 33407-2346
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4169206
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1982
Construction
CONCRETE
Total area
5,000 SF
Lot
0.73 ac (31,799 SF)
Zoning code
I
APN
44-43-43-05-22-000-0030
UPID
US18-4169206
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
$825k
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$830k
Owner & transaction history
Colella LLC · 5 yrs held
Colella LLC
since 2021
Last sale
$705,000
4 recorded transactions
Zoning & alternative use
I · Mangonia Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide industrial uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
237.80 ac
Source
Realmo
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 Mangonia Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mangonia Park 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
$835,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$855,000
7%
$795,000
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $705k (Feb 17 2021)
Last sale anchor
$705k
Feb 17 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
$166 / 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
$16,586
Tax year 2023
Assessed value
$694,180
Assessed 2023
Previous assessed
$611,174
+13.6% YoY
Effective rate
2.39%
On assessed value
Assessed land
$216,757
Assessed improvement
$477,423
Land market value
$216,757
Improvement market value
$477,423
Total market value
$694,180
Applied tax rate
44,407.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,000 SF
Lot
0.73 ac (31,799 SF)
Zoning code
I
APN
44-43-43-05-22-000-0030
UPID
US18-4169206
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I · Mangonia Park, FLZoning I · permitted uses
I · Mangonia Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide industrial uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
237.80 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Colella LLC
Entity
Mailing address
6301 TOPAZ CT, FORT MYERS, FL 33966-8309
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2021
$705,000
Colella LLC
Kw Magonia LLC
Warranty Deed
$564,000 · United Community Bank
Jul 6, 2020
—
Kw Mangonia LLC
—
Deed
related
$280,000 · Valley Nat'l Bk
Sep 3, 2015
$350,000
Kw Mangonia LLC
Etheridge-west Palm Beach LLC
Grant Deed
—
—
—
Kw Mangonia LLC
—
Loan Modification
related
$280,000 · Valley Nat'l Bk
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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