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Property profile & analytics
OFF-MARKET
Estimated value
$5,930,000
Car washes
1450 Military Trl West Palm Beach, FL 33415-5608
Entity Owned
Free & Clear
Property ID
US18-0915860
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
1979
Construction
CONCRETE
Total area
2,961 SF
Lot
1.05 ac (45,890 SF)
Zoning code
UI
APN
00-42-44-12-00-000-1520
UPID
US18-0915860
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
-
Tazo taco #2 Restaurant
-
Mr. Bubbles Auto Care Center Property Owners' Association, Inc. Charitable Organization Social Service Agency
-
Auto Spa Car Wash
-
ATM ES Reliable Atm Car Wash
-
El Car Wash - West Palm Beach Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.93M
Owner & transaction history
Pb Auto Spa Realty LLC
Pb Auto Spa Realty LLC
since 2026
Last sale
$6.5M
5 recorded transactions
Zoning & alternative use
UI · West Palm 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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm 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
$5,440,000
ML approach
$5,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.93M
Range $5.34M – $6.52M · ±10% · vs last sale $6.45M (Dec 22 2025)
Last sale anchor
$6.45M
Dec 22 2025
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
$2,003 / 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
$18,695
Tax year 2023
Assessed value
$1,093,808
Assessed 2023
Previous assessed
$1,037,722
+5.4% YoY
Effective rate
1.71%
On assessed value
Assessed land
$729,635
Assessed improvement
$364,173
Land market value
$729,635
Improvement market value
$364,173
Total market value
$1,093,808
Applied tax rate
362.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,961 SF
Lot
1.05 ac (45,890 SF)
Zoning code
UI
APN
00-42-44-12-00-000-1520
UPID
US18-0915860
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
UI · West Palm Beach, FL
Zoning UI · permitted uses
UI · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Pb Auto Spa Realty LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5201 SW 8TH ST, CORAL GABLES, FL 33134-2335
Ownership since
2026
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
Apr 17, 2026
$2,300,000
Pb Auto Spa Realty LLC
Tip Top Car Wash INC
Special Warranty Deed
—
Dec 30, 2022
$5,000,000
El Car Wash Wpb LLC
Palm Beach Smart Car Wash LLC
Warranty Deed
$3,280,000 · Amerant Bank NA
Aug 17, 2012
$1,500,000
Palm Beach Smart Car Wash LLC
New River Ents LLC
Warranty Deed
$1,500,000 · Antonio Garavito
Jan 15, 2009
$1,700,000
New River Enterprises LLC
Wash Depot Vii INC
Warranty Deed
$1,650,000 · Td Bank NA
—
—
Smart Car Wash Express LLC
—
Deed Of Trust
related
$7,530,000 · Floridian Cmnty 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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