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Property profile & analytics
OFF-MARKET
Estimated value
$8,535,000
Industrial properties
1601 Commerce Ln Ste 100, Jupiter, FL 33458-8818
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-5347439
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2003
Construction
CONCRETE
Total area
35,526 SF
Lot
2.49 ac (108,399 SF)
Zoning code
C2
APN
30-42-41-02-47-000-0020
UPID
US18-5347439
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
by Request
CAP Approach
CAP
$9.43M
Comparable Approach
Comparable
$9.79M
Blend (final)
Blend
$8.54M
Owner & transaction history
Broedell Properties I LLC · 14 yrs held
Broedell Properties I LLC
since 2011
1 recorded transaction
Zoning & alternative use
C2 · Jupiter, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.2M
+4.4%
Neighborhood: shopping center
$14.0M
+3.4%
Medical building
$14.0M
+3.2%
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 Jupiter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jupiter 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,215,000
6.5%
$9,430,000
7%
$8,755,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,575,000
Current use
RETAIL STORES
$14,165,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,035,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$14,000,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$8.54M
Range $7.68M – $9.39M · ±10%
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
$240 / 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
$100,972
Tax year 2023
Assessed value
$6,360,045
Assessed 2023
Previous assessed
$4,710,029
+35.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$1,583,739
Assessed improvement
$4,776,306
Land market value
$1,583,739
Improvement market value
$4,776,306
Total market value
$6,360,045
Applied tax rate
30,571.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
35,526 SF
Lot
2.49 ac (108,399 SF)
Zoning code
C2
APN
30-42-41-02-47-000-0020
UPID
US18-5347439
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C2 · Jupiter, FL
Zoning C2 · permitted uses
C2 · Jupiter, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jupiter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$13.6M
RETAIL STORES
Est. value
$14.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.0M
MEDICAL BUILDING
Est. value
$14.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2003
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Broedell Properties I LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1601 COMMERCE LN STE #100, JUPITER, FL 33458-8818
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2011
—
Broedell Properties I LLC
Broedell,john F
Quit Claim Deed
related
—
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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