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Property profile & analytics
OFF-MARKET
Estimated value
$3,810,000
Strip malls
14451 Military Trl, Delray Beach, FL 33484-2105
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5104061
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
16,766 SF
Lot
2 ac (87,068 SF)
Zoning code
NC
APN
12-42-46-14-22-003-0000
UPID
US18-5104061
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
-
Brooklyn Water Bagel (Bike/Boat/Book/etc) Store Bakery
-
World of Smoke & Vape - Delray (Bike/Boat/Book/etc) Store
-
Apotheco Pharmacy Delray Beach Pharmacy
-
Delray E-Bikes (Bike/Boat/Book/etc) Store
-
Eat Better Live Better Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.81M
Owner & transaction history
Fountains Of Delray Beach INC · 24 yrs held
Fountains Of Delray Beach INC
since 2001
6 recorded transactions
Zoning & alternative use
NC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,380,000
6.5%
$4,965,000
7%
$4,610,000
Blend value · Realmo final
$3.81M
Range $3.43M – $4.19M · ±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
$227 / 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
$84,281
Tax year 2023
Assessed value
$3,905,801
Assessed 2023
Previous assessed
$4,096,566
-4.7% YoY
Effective rate
2.16%
On assessed value
Assessed land
$1,871,984
Assessed improvement
$2,033,817
Land market value
$1,871,984
Improvement market value
$2,033,817
Total market value
$3,905,801
Applied tax rate
12,985.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
16,766 SF
Lot
2 ac (87,068 SF)
Zoning code
NC
APN
12-42-46-14-22-003-0000
UPID
US18-5104061
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NC · Delray Beach, FL
Zoning NC · permitted uses
NC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delray Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Fountains Of Delray Beach INC
Entity
Mailing address
305 ALCAZAR AVE STE #3, CORAL GABLES, FL 33134-4314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2018
—
Arw Fountains LLC
—
Loan Modification
related
$14,100,000 · Walker & Dunlop
Oct 26, 2017
—
Renegade At Delray LLC
—
Deed
related
$2,340,000 · Pacific Nat'l Bk
Aug 8, 2001
$962,800
Fountains Of Delray Beach INC
Richard F Grace Et Ai INC
Grant Deed
$487,500 · Union Planters National Bank
Jun 23, 2000
$750,000
Richard F Grace Et Al INC
Spence,regina W
Grant Deed
$525,000 · Seller
—
—
Renegade At Delray LLC
—
Deed Of Trust
related
$2,925,000 · Regions Bank
—
—
Renegade At Delray LLC
—
Deed Of Trust
related
$2,340,000 · Pacific Nat'l Bk
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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