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Property profile & analytics
OFF-MARKET
Gas stations
1240 16th St Belle Glade, FL 33430-1307
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1087023
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1966
Construction
CONCRETE
Total area
922 SF
Lot
0.4 ac (17,507 SF)
Zoning code
B-3
APN
04-36-43-25-00-000-5043
UPID
US18-1087023
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
-
Rodriguez Food Store Grocery & Convenience Store
-
El Taconazo Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1240 Nw 16th St LLC · 3 yrs held
1240 Nw 16th St LLC
since 2022
Last sale
$130,000
5 recorded transactions
Zoning & alternative use
B-3 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to filling stations and service stations with or without major mechanical repairs, vehicular repair facility, vehicular sales and rentals and also veterinary hospitals in completely enclosed structures
Zone name
Liberal Business
General category
CIVIC_INSTITUTIONAL
Zone area
52.57 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,398
Tax year 2023
Assessed value
$93,097
Assessed 2023
Previous assessed
$95,637
-2.7% YoY
Effective rate
3.65%
On assessed value
Assessed land
$29,925
Assessed improvement
$63,172
Land market value
$29,925
Improvement market value
$63,172
Total market value
$93,097
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
4
Total area
922 SF
Lot
0.4 ac (17,507 SF)
Zoning code
B-3
APN
04-36-43-25-00-000-5043
UPID
US18-1087023
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Belle Glade, FLZoning B-3 · permitted uses
B-3 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to filling stations and service stations with or without major mechanical repairs, vehicular repair facility, vehicular sales and rentals and also veterinary hospitals in completely enclosed structures
Zone name
Liberal Business
General category
CIVIC_INSTITUTIONAL
Zone area
52.57 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
4
Lot
0.4 ac
Current owner
From public records · entity-resolved
1240 Nw 16th St LLC
Entity
Mailing address
16068 82ND RD N, LOXAHATCHEE, FL 33470-3137
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2022
—
1240 Nw 16th St LLC
Rodriguez Food Store INC
Quit Claim Deed
related
—
Aug 27, 2018
—
Rodriguez Food Store INC
—
Deed
related
$50,000 · First Bank
Jan 9, 2003
$130,000
Rodriguez Food Store INC
Perez,sara R
Grant Deed
—
—
—
Rodriguez Food Store INC
—
Deed Of Trust
related
$30,000 · First Bk
—
—
Rodriguez Food Store INC
—
Deed Of Trust
related
$262,500 · First 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.
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