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Property profile

1420 Forsythe Rd West Palm Beach, FL 33405

FOR SALE
Auto shops
Property ID
US18-2430129
2,420 SF 0.13 ac lot Built 1975
Last sale May 2012 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Property summary

AI-generated overview

A freestanding CBS (concrete block stucco) industrial building totaling 2,420 square feet is situated on a 5,510 square foot lot. The facility features 13-foot ceilings, a concrete roof, and three powered overhead doors providing vehicle access and supporting service workflow. The property includes an enclosed, fenced external area that can accommodate approximately 8 to 10 vehicles for storage and day-to-day parking. The site is a standalone parcel with direct on-site access suitable for users…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$324k
Assessed land$92k
Assessed improvement$232k
Effective rate1.08%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 2.45% cap applied$34k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$515/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$253 – $807
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2.45%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
The industrial district is designated primarily for areas of intensive manufacturing and industrial areas where related uses are clustere...
General categoryINDUSTRIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office26.4
Auto Parts Store14.0
Pharmacy13.4

Location

1420 Forsythe Rd West Palm Beach, FL 33405
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5212 Dixie, West Palm Beach, FL 33405-3229 $3,600,000 Nov 2022 4,850 SF
7309 Dixie, West Palm Beach, FL 33405-4809 $130,000 Oct 2020 1,740 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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