15998 Walgreens Dr Jupiter, FL 33478-6408
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$86.79M
Range $78.11M – $95.46M (±10%)
Implied cap rate
8.90%
In-place · NOI ÷ last sale
Property ID
US18-3033999
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2001
Construction
STEEL FRAME
Total area
688,742 SF
Lot
79.57 ac (3,465,960 SF)
Zoning code
PIPD
APN
00-41-41-17-05-001-0000
UPID
US18-3033999
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
-
Distribution Center Logistics Company
-
Distribution Center Logistics Company
-
Atm
-
Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$89.12M
Blend (final)
Blend
$86.79M
Owner & transaction history
since 2022
Last sale
$78.0M
2 recorded transactions
Zoning & alternative use
PIPD · Jupiter, FL
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$86.79M
Value range
$78.11M – $95.46M
±10% around blend
Estimated value / SF
$126 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$78.11M
blend $86.79M
$95.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
688,742 SF
Lot area
79.57 ac
Year built
2001
Stories
2
APN
00-41-41-17-05-001-0000
Assessed value
$79,018,964
Annual tax
$1,622,629
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$89.12M
Range $89.12M – $104.89M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$86.79M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$331
-62%
County 342 sales
$342
-63%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $126/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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
8.90%
Implied, in-place cap rate for this distribution centers
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 · 8.90%
9.0%
NOI (est.)
$5.46M *
Last sale · Nov 2022
$78.00M
* 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$61.35M
Move the market yield to see immediate price impact.
Value / SF
$89
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
8.40%8.90%9.40%
$4.91M
$58.50M
$55.21M
$52.28M
$5.46M
$65.00M
$61.35M
$58.09M
$6.01M
$71.50M
$67.48M
$63.89M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,622,629
Tax year 2023
Assessed value
$79,018,964
Assessed 2023
Previous assessed
$79,018,964
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$22,875,349
Assessed improvement
$56,143,615
Land market value
$22,875,349
Improvement market value
$56,143,615
Total market value
$79,018,964
Applied tax rate
141.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
2
Total area
688,742 SF
Lot
79.57 ac (3,465,960 SF)
Zoning code
PIPD
APN
00-41-41-17-05-001-0000
UPID
US18-3033999
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PIPD · Jupiter, FLZoning PIPD · permitted uses
PIPD · Jupiter, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
79.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PIPD
Jurisdiction
Jupiter, FL
Recorded code
PIPD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PIPD in Jupiter, FL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
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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