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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Medical Office Space
125 Main St Belle Glade, FL 33430-2648
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2385237
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
WOOD
Total area
11,008 SF
Lot
1.35 ac (58,723 SF)
Zoning code
B-2
APN
04-37-43-32-00-000-7770
UPID
US18-2385237
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
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$785k
Owner & transaction history
Blue Sky Design Corp · 2 yrs held
Blue Sky Design Corp
since 2023
Last sale
$830,000
5 recorded transactions
Zoning & alternative use
B-2 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to stores for retail trade, restaurants and delicatessens, indoor theaters, financial institutions, filling stations
Zone name
Restricted Business
General category
COMMERCIAL
Zone area
375.50 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
Method
Estimation
Statistic approach
$740,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $830k (Sep 8 2023)
Last sale anchor
$830k
Sep 8 2023
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
$71 / 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
$12,899
Tax year 2023
Assessed value
$500,000
Assessed 2023
Previous assessed
$345,000
+44.9% YoY
Effective rate
2.58%
On assessed value
Assessed improvement
$500,000
Improvement market value
$500,000
Total market value
$500,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
12
Total area
11,008 SF
Lot
1.35 ac (58,723 SF)
Zoning code
B-2
APN
04-37-43-32-00-000-7770
UPID
US18-2385237
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Belle Glade, FLZoning B-2 · permitted uses
B-2 · 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 stores for retail trade, restaurants and delicatessens, indoor theaters, financial institutions, filling stations
Zone name
Restricted Business
General category
COMMERCIAL
Zone area
375.50 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
12
Lot
1.35 ac
Current owner
From public records · entity-resolved
Blue Sky Design Corp
Entity
Mailing address
2513 SW 9TH AVE, FORT LAUDERDALE, FL 33315-2601
Ownership since
2023
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
Sep 8, 2023
$830,000
Blue Sky Design Corp
He Hill Foundation INC
Warranty Deed
$747,000 · He Hill Foundation INC
Mar 24, 2010
—
Howard E Hill Foun INC
Hilldale INC
Quit Claim Deed
related
—
Sep 25, 2008
—
Hilldale INC
—
Grant Deed
related
$3,000,000 · First Bank
Jan 18, 2000
$650,000
Belle Glade Venture Ltd
Hilldale INC
Grant Deed
$2,733,000 · Southtrust Bank NA
Jan 18, 2000
$45,000
Hilldale INC
Galvez,maritza E
Grant Deed
—
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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