Financial
Distress signals
Property profile

1501 Presidential Way 9 West Palm Beach, FL 33401

FOR LEASE
Banks
Property ID
US18-4020050
1,156 SF Built 1979
Last sale Jul 2017 · $728,280
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a former surgical center configured for medical and wellness uses, featuring a formal patient lobby and a recovery area sized to accommodate 3+ beds. The layout includes a dedicated surgery room, a staff break area, and a mix of private rest rooms and patient rest rooms, with additional supporting spaces throughout for day-to-day clinical operations. The property is situated within walking distance of dining, shopping, and banking amenities, including Palm Beach Tanger Outlets,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$248k
Assessed improvement$248k
Effective rate2.13%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$10k
Operating expenses−$13k
NOI · 1,900.80% cap applied$40k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$475/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$223 – $853
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,900.80%
$40k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Auto Parts Store10.2
Laundry Service8.8

Location

1501 Presidential Way, Unit 9 West Palm Beach, FL 33401
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1200 Clare, West Palm Beach, FL 33401-6906 $1,975,000 Jul 2024 2,080 SF
1671 Forum, West Palm Beach, FL 33401-2303 $625,000 Feb 2024 2,400 SF
1007 Dixie, West Palm Beach, FL 33401-3331 $1,300,000 Feb 2023 965 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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