Technical
Financial
Distress signals
Property profile

1503 Clare Ave West Palm Beach, FL 33401

OFF-MARKET
Industrial properties
Property ID
US18-7172575
11,244 SF 0.85 ac lot Built 2017
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2017
Construction CONCRETE
Total area 11,244 SF
Lot 0.85 ac (37,144 SF)
Zoning code I
APN 74-43-43-28-09-012-0380
UPID US18-7172575

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1503 Clare Ave West Palm Beach, FL 33401-6933
West Palm Beach metro Census 2800 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.63M
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.85M

Owner & transaction history

since 2016
1 recorded transaction
2016
$1.0M

Zoning & alternative use

I · West Palm Beach, FL
Zoning description

-94-170. - Reserved. ARTICLE VI. - INDUSTRIAL DISTRICT Article VI. Footnotes Sec. 94-171. - Intent. Sec. 94-172. - General development standards. Sec. 94-173. - Industrial light (IL) district. Sec. 94-174. - Industrial (…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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