Entity Owned Property summary
AI-generated overview
The property is a retail space located within a shopping center totaling approximately 351,337 square feet of gross leasable area. The center is positioned at the signalized intersection of Okeechobee Boulevard and N. Military Trail and has documented average annual daily traffic of about 108,000 vehicles. The shopping center features three pylon signs—two on Okeechobee Boulevard and one on N. Military Trail. The tenant mix includes Presidente Supermarket, Ross Dress for Less, David's Bridal, and Ollie's Bargain Outlet. The specific retail space is approximately 7,200 square feet.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1998
Construction
CONCRETE
Total area
33,336 SF
Lot
21.98 ac (957,436 SF)
Zoning code
CG
APN
00-42-43-25-00-000-1510
UPID
US18-4992922
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
-
Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.29M
Comparable Approach
Comparable
$5.38M
Blend (final)
Blend
$7.23M
Owner & transaction history
since 2014
2 recorded transactions
Zoning & alternative use
CG · West Palm Beach, 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 · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$7.23M
Value range
$6.50M – $7.95M
±10% around blend
Estimated value / SF
$217 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$6.50M
blend $7.23M
$7.95M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
33,336 SF
Lot area
21.98 ac
Year built
1998
Stories
1
APN
00-42-43-25-00-000-1510
Zoning
CG
Assessed value
$27,189,050
Annual tax
$554,968
3
Income approach: direct capitalization
Partial preview
Income approach indication
$8.29M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.98M
@ 6.5% CAP return
$8.29M
@ 7% CAP return
$7.70M
4
Sales comparison
Partial preview
Sales approach indication
$5.38M
Range $1.33M – $5.38M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.23M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 77 sales
$294
-26%
County 164 sales
$395
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $217/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
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
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.
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
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$27.19M
Move the market yield to see immediate price impact.
Value / SF
$816
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
5.00%7.00%9.00%
$1.71M
$34.26M
$24.47M
$19.03M
$1.90M
$38.06M
$27.19M
$21.15M
$2.09M
$41.87M
$29.91M
$23.26M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$554,968
Tax year 2023
Assessed value
$27,189,050
Assessed 2023
Previous assessed
$27,842,685
-2.3% YoY
Effective rate
2.04%
On assessed value
Assessed land
$8,171,790
Assessed improvement
$19,017,260
Land market value
$8,171,790
Improvement market value
$19,017,260
Total market value
$27,189,050
Applied tax rate
197.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
12
Stories
1
Total area
33,336 SF
Lot
21.98 ac (957,436 SF)
Zoning code
CG
APN
00-42-43-25-00-000-1510
UPID
US18-4992922
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · West Palm Beach, FLZoning CG · permitted uses
CG · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
12
Lot
21.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CG
Jurisdiction
West Palm Beach, FL
Recorded code
CG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in West Palm Beach, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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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.
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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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