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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Gas stations
1229 Dixie Hwy West Palm Beach, FL 33401-2701
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3912740
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1985
Construction
STEEL FRAME
Total area
880 SF
Lot
0.49 ac (21,292 SF)
Zoning code
NORA-2
APN
74-43-43-16-19-073-0010
UPID
US18-3912740
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
-
CoinGenie Bitcoin ATM Atm
-
CHEVRON Gas Station
-
ATM Atm
-
ATM (Downtown BP) Atm
-
Bitstop Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$545k
Owner & transaction history
Kreusler Ix LLC · 18 yrs held
Kreusler Ix LLC
since 2008
4 recorded transactions
Zoning & alternative use
NORA-2 · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
lematis waterfront district (CWD). Sec. 94-123. - Flagler waterfront district (FWD). Sec. 94-124. - North Railroad Avenue district (NoRA). Table IV-28: Building Requirements - NoRA-5 Table IV-29: Building Requirements - NoRA-2 Sec. 94-124. - Continued Sec. 94-125. - Loftin district (LD). Sec. 94-126. - Residential enclaves planning area. Sec. 94-127. - Brels…
Zone name
North Railroad Avenue District 2
General category
MIXED_USE
Zone area
8.48 ac
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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm 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
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$619 / 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
$22,714
Tax year 2023
Assessed value
$1,250,774
Assessed 2023
Previous assessed
$989,800
+26.4% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,064,600
Assessed improvement
$186,174
Land market value
$1,064,600
Improvement market value
$186,174
Total market value
$1,250,774
Applied tax rate
74,407.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Total area
880 SF
Lot
0.49 ac (21,292 SF)
Zoning code
NORA-2
APN
74-43-43-16-19-073-0010
UPID
US18-3912740
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NORA-2 · West Palm Beach, FLZoning NORA-2 · permitted uses
NORA-2 · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
lematis waterfront district (CWD). Sec. 94-123. - Flagler waterfront district (FWD). Sec. 94-124. - North Railroad Avenue district (NoRA). Table IV-28: Building Requirements - NoRA-5 Table IV-29: Building Requirements - NoRA-2 Sec. 94-124. - Continued Sec. 94-125. - Loftin district (LD). Sec. 94-126. - Residential enclaves planning area. Sec. 94-127. - Brelsford Park district (BPD). Sec. 94-128. - Northwest neighborhood district (NWD). Sec. 9
Zone name
North Railroad Avenue District 2
General category
MIXED_USE
Zone area
8.48 ac
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Kreusler Ix LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1925 N FLAGLER DR #1, WEST PALM BEACH, FL 33407-6114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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 25, 2019
—
Kreusler Ix LLC
—
Deed
related
$600,000 · Rjk Unlimited LLC
Aug 23, 2017
—
Kreusler Ix LLC
—
Grant Deed
related
$1,200,000 · Rjk Unlimited LLC
Jan 29, 2008
—
Kreusler Ix LLC
Kreusler,jane C
Quit Claim Deed
—
—
—
Kreusler Ix LLC
—
Loan Modification
related
$600,000 · Rjk Unlimited LLC
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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