Estimated value (blended)
$3.34M
Range $3.01M – $3.67M (±10%)
Implied cap rate
7.60%
In-place · NOI ÷ last sale
Property ID
US18-3569288
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1952
Construction
CONCRETE
Total area
14,700 SF
Lot
1.73 ac (75,250 SF)
Zoning code
MIC
APN
12-43-46-18-00-000-1150
UPID
US18-3569288
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
-
Building Supply
-
Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.41M
CAP Approach
CAP
$3.90M
Comparable Approach
Comparable
$4.98M
Blend (final)
Blend
$3.34M
Owner & transaction history
since 2025
Last sale
$5.5M
5 recorded transactions
Zoning & alternative use
MIC · Delray Beach, FL
Zoning description
The Mixed Industrial and Commercial (MIC) District is created to provide for a mix of industrial, commercial, and office use in a single zoning district. The uses allowed are intended to enhance employment opportunities…
General category
INDUSTRIAL
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
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.34M
Value range
$3.01M – $3.67M
±10% around blend
Estimated value / SF
$227 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
$3.01M
blend $3.34M
$3.67M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,700 SF
Lot area
1.73 ac
Year built
1952
Stories
1
APN
12-43-46-18-00-000-1150
Assessed value
$2,431,918
Annual tax
$50,936
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.90M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.23M
@ 6.5% CAP return
$3.90M
@ 7% CAP return
$3.63M
4
Sales comparison
Partial preview
Sales approach indication
$3.91M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.1 mi away · 15,372 SF
18.9 mi away · 11,609 SF
21.1 mi away · 15,268 SF
21.2 mi away · 13,745 SF
21.9 mi away · 11,738 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.34M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 41 sales
$639
-64%
Submarket 102 sales
$724
-69%
County 866 sales
$470
-52%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $227/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
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
7.60%
Implied, in-place cap rate for this showrooms
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 · 7.60%
9.0%
NOI (est.)
$385k *
Last sale · Jul 2025
$5.50M
* 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$5.07M
Move the market yield to see immediate price impact.
Value / SF
$345
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
7.10%7.60%8.10%
$347k
$4.88M
$4.56M
$4.28M
$385k
$5.42M
$5.07M
$4.75M
$424k
$5.96M
$5.57M
$5.23M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$7.00M
15.8 mi · Aug 2025 · $552/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,936
Tax year 2023
Assessed value
$2,431,918
Assessed 2023
Previous assessed
$1,916,656
+26.9% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,053,500
Assessed improvement
$1,378,418
Land market value
$1,053,500
Improvement market value
$1,378,418
Total market value
$2,431,918
Applied tax rate
12,987.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
14,700 SF
Lot
1.73 ac (75,250 SF)
Zoning code
MIC
APN
12-43-46-18-00-000-1150
UPID
US18-3569288
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MIC · Delray Beach, FLZoning MIC · permitted uses
MIC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The Mixed Industrial and Commercial (MIC) District is created to provide for a mix of industrial, commercial, and office use in a single zoning district. The uses allowed are intended to enhance employment opportunities…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.73 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
MIC
INDUSTRIAL
Jurisdiction
Delray Beach, FL
Recorded code
MIC
Official district
MIC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MIC in Delray Beach, 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.
Registration is required before the official district profile is shown.
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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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