Entity Owned Property summary
AI-generated overview
The property consists of an industrial warehouse totaling approximately 20,693 square feet, accompanied by an office space of approximately 5,400 square feet, situated on a 3.76-acre site. The warehouse is equipped with three dock-high doors, one van-high door, and one drive-in door, and it has a ceiling height of 20 feet. The site is fully fenced and secured and provides on-site surface parking with 40 spaces, including two handicap-accessible spaces, at a documented ratio of 1.78 spaces per 1,000 square feet. The property is zoned CLIC and includes additional land that can support further development.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1999
Construction
CONCRETE
Total area
26,093 SF
Lot
3.76 ac (163,847 SF)
Zoning code
CLIC
APN
36-43-42-20-25-000-0000
UPID
US18-3439712
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Brewery & Distillery Big Box & Wholesale Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.92M
CAP Approach
CAP
$4.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.74M
Owner & transaction history
since 2021
Last sale
$5.7M
2 recorded transactions
Zoning & alternative use
CLIC · Lake Park, FL
Zoning description
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial o…
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.74M
Value range
$6.07M – $7.41M
±10% around blend
Estimated value / SF
$258 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$6.07M
blend $6.74M
$7.41M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
26,093 SF
Lot area
3.76 ac
Year built
1999
Stories
1
APN
36-43-42-20-25-000-0000
Zoning
CLIC
Assessed value
$5,373,382
Annual tax
$122,165
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.47M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.85M
@ 6.5% CAP return
$4.47M
@ 7% CAP return
$4.15M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.74M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 74 sales
$2,077
-88%
Submarket 204 sales
$398
-35%
County 342 sales
$342
-24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $258/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
4.30%
Implied, in-place cap rate for this distribution centers
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.30%
9.0%
NOI (est.)
$399k *
Last sale · Nov 2021
$5.70M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.28M
Move the market yield to see immediate price impact.
Value / SF
$356
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.80%4.30%4.80%
$359k
$9.45M
$8.35M
$7.48M
$399k
$10.50M
$9.28M
$8.31M
$439k
$11.55M
$10.21M
$9.14M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$122,165
Tax year 2023
Assessed value
$5,373,382
Assessed 2023
Previous assessed
$4,789,558
+12.2% YoY
Effective rate
2.27%
On assessed value
Assessed land
$1,802,306
Assessed improvement
$3,571,076
Land market value
$1,802,306
Improvement market value
$3,571,076
Total market value
$5,373,382
Applied tax rate
36,501.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
26,093 SF
Lot
3.76 ac (163,847 SF)
Zoning code
CLIC
APN
36-43-42-20-25-000-0000
UPID
US18-3439712
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CLIC · Lake Park, FLZoning CLIC · permitted uses
CLIC · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial o…
General category
MIXED_USE
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.76 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CLIC
MIXED_USE
Jurisdiction
Lake Park, FL
Recorded code
CLIC
Official district
CLIC
Official district profile
What the municipal code says about CLIC
Zoning description
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial o…
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CLIC in Lake Park, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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