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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Hotels
116 Main St Belle Glade, FL 33430-3424
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-4711089
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1950
Construction
CONCRETE
Total area
6,151 SF
Lot
0.13 ac (5,532 SF)
Zoning code
B-1
APN
04-37-43-31-08-000-0420
UPID
US18-4711089
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
-
Gekko Global Disposal Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$865k
Owner & transaction history
A & M Ents Of Belle Glade LLC · 10 yrs held
A & M Ents Of Belle Glade LLC
since 2015
3 recorded transactions
Zoning & alternative use
B-1 · Belle Glade, 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 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%
$925,000
6.5%
$855,000
7%
$795,000
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$141 / 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
$3,535
Tax year 2023
Assessed value
$88,698
Assessed 2023
Previous assessed
$77,228
+14.9% YoY
Effective rate
3.99%
On assessed value
Assessed land
$12,228
Assessed improvement
$76,470
Land market value
$12,228
Improvement market value
$76,470
Total market value
$88,698
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Units
32
Rooms
32
Bathrooms
96
Total area
6,151 SF
Lot
0.13 ac (5,532 SF)
Zoning code
B-1
APN
04-37-43-31-08-000-0420
UPID
US18-4711089
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Belle Glade, FL
Zoning B-1 · permitted uses
B-1 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belle Glade. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
32
Rooms
32
Bathrooms
96
Lot
0.13 ac
Current owner
From public records · entity-resolved
A & M Ents Of Belle Glade LLC
Entity
Mailing address
300 S MAIN ST, BELLE GLADE, FL 33430-3428
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2015
$150,000
A & M Ents Of Belle Glade LLC
Glory D INC
Warranty Deed
$105,000 · Frances Hand
Dec 6, 2004
$125,000
Glory D INC
Hand,frances L R
Warranty Deed
$368,000 · Frances R Hand
Dec 6, 2004
—
Glory D INC
Rutledge,f L
Affidavit Of Death
related
—
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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