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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Showrooms
1520 Ave A A, Belle Glade, FL 33430-2852
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4528997
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1964
Construction
CONCRETE
Total area
1,750 SF
Lot
0.26 ac (11,252 SF)
Zoning code
I-2
APN
04-37-43-31-01-026-0070
UPID
US18-4528997
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$690k
Owner & transaction history
Palmdale Realty Of Belle Glade LLC · 2 yrs held
Palmdale Realty Of Belle Glade LLC
since 2024
Last sale
$695,000
7 recorded transactions
Zoning & alternative use
I-2 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$865,000
+5.0%
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 Belle Glade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belle Glade 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
$655,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$430,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$825,000
Current use
AUTO REPAIR, GARAGE
$865,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: -16% · Conversion: Difficult
MEDICAL BUILDING
$690,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $695k (Jan 8 2021)
Last sale anchor
$695k
Jan 8 2021
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
$394 / 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
$2,952
Tax year 2023
Assessed value
$121,071
Assessed 2023
Previous assessed
$96,471
+25.5% YoY
Effective rate
2.44%
On assessed value
Assessed land
$5,499
Assessed improvement
$115,572
Land market value
$5,499
Improvement market value
$115,572
Total market value
$121,071
Applied tax rate
4,486.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1964
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
1,750 SF
Lot
0.26 ac (11,252 SF)
Zoning code
I-2
APN
04-37-43-31-01-026-0070
UPID
US18-4528997
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-2 · Belle Glade, FL
Zoning I-2 · permitted uses
I-2 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belle Glade. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$865,000
OFFICE BUILDING
Est. value
$695,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
MEDICAL BUILDING
Est. value
$690,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Palmdale Realty Of Belle Glade LLC
Entity
Mailing address
911 N 2ND ST, FORT PIERCE, FL 34950-9121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2024
—
Palmdale Realty Of Belle Glade LLC
—
Deed
related
$801,940 · Citizens Bank NA
Dec 13, 2018
—
Je Wilson & Son INC
—
Deed
related
$50,000 · First Bk
Sep 12, 2018
—
Je Wilson & Son INC
—
Deed
related
$600,000 · First Bk
Aug 19, 2016
—
J E Wilson & Son INC
—
Deed
related
$450,000 · First Bk
Dec 1, 2010
—
Jewilson & Son INC
—
Trustees Deed
related
$100,000 · First Bank
Nov 12, 2010
—
Jewilson & Son INC
—
Trustees Deed
related
$450,000 · First Bk/champaign
—
—
Je Wilson & Son INC
—
Loan Modification
related
$50,000 · First Bk
—
—
Jewilson & Son INC
—
Deed Of Trust
related
$125,000 · First Bank
—
—
Je Wilson & Son INC
—
Deed Of Trust
related
$550,000 · First Bank
—
—
Jewilson & Son INC
—
Deed Of Trust
related
$185,000 · First Bank
—
—
J E Wilson & Son INC
—
Loan Modification
related
$450,000 · First Bk
—
—
Je Wilson & Son INC
—
Loan Modification
related
$600,000 · First 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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