Entity Owned Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Construction
CONCRETE
Total area
4,940 SF
Lot
0.9 ac (39,204 SF)
Zoning code
CN
APN
72-41-43-26-07-012-0220
UPID
US18-1182332
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.75M
Owner & transaction history
since 2021
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
CN · Royal Palm Beach, FL
Zoning description
The purpose and intent of this district is to provide suitable sites for the development of limited commercial activities of an office, retail and personal service nature which serve immediate neighborhood needs in locat…
General category
COMMERCIAL
Top alternative use upside
Retail stores
$2.1M
+41.0%
Commercial (general)
$1.7M
+19.5%
Office building
$1.6M
+7.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.75M
Value range
$1.58M – $1.93M
±10% around blend
Estimated value / SF
$354 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$1.58M
blend $1.75M
$1.93M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,940 SF
Lot area
0.9 ac
Year built
1994
Stories
1
APN
72-41-43-26-07-012-0220
Zoning
CN
Assessed value
$1,123,499
Annual tax
$22,870
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.33M
@ 6.5% CAP return
$1.23M
@ 7% CAP return
$1.14M
4
Sales comparison
Partial preview
Sales approach indication
$3.20M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.7 mi away · 6,030 SF
12.3 mi away · 4,950 SF
12.6 mi away · 6,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.75M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 77 sales
$294
+20%
County 164 sales
$395
-10%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $354/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+41%
vs current-use indication
Commercial (general)
Office Building
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
4.60%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.60%
9.0%
NOI (est.)
$104k *
Last sale · Apr 2021
$1.48M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.25M
Move the market yield to see immediate price impact.
Value / SF
$456
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.10%4.60%5.10%
$93k
$2.27M
$2.03M
$1.83M
$104k
$2.53M
$2.25M
$2.03M
$114k
$2.78M
$2.48M
$2.23M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$456k
10.1 mi · Jan 2026 · $128/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,870
Tax year 2023
Assessed value
$1,123,499
Assessed 2023
Previous assessed
$1,079,446
+4.1% YoY
Effective rate
2.04%
On assessed value
Assessed land
$499,861
Assessed improvement
$623,638
Land market value
$499,861
Improvement market value
$623,638
Total market value
$1,123,499
Applied tax rate
72,486.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,940 SF
Lot
0.9 ac (39,204 SF)
Zoning code
CN
APN
72-41-43-26-07-012-0220
UPID
US18-1182332
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CN · Royal Palm Beach, FLZoning CN · permitted uses
CN · Royal Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose and intent of this district is to provide suitable sites for the development of limited commercial activities of an office, retail and personal service nature which serve immediate neighborhood needs in locat…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.9 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CN
COMMERCIAL
Jurisdiction
Royal Palm Beach, FL
Recorded code
CN
Official district
CN
Official district profile
What the municipal code says about CN
Zoning description
The purpose and intent of this district is to provide suitable sites for the development of limited commercial activities of an office, retail and personal service nature which serve immediate neighborhood needs in locat…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CN in Royal Palm Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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