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Property profile & analytics
OFF-MARKET
Specialty properties
2254 Military Trl West Palm Beach, FL 33409-2948
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-2761760
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1983
Construction
CONCRETE
Total area
4,800 SF
Lot
0.53 ac (23,100 SF)
Zoning code
CG
APN
00-42-43-24-00-000-5180
UPID
US18-2761760
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
Current use
Occupant on record · Public records
-
Dr Michelle Durkee Pet Grooming Service
-
Pet's Paradise Kennel & Boarding Facility
-
West Palm Animal Clinic: Dr. Michelle Durkee Veterinary Clinic
-
West Palm Animal Clinic Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
M & M Wpac LLC · 12 yrs held
M & M Wpac LLC
since 2013
7 recorded transactions
Zoning & alternative use
CG · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,592
Tax year 2023
Assessed value
$699,698
Assessed 2023
Previous assessed
$695,745
+0.6% YoY
Effective rate
1.80%
On assessed value
Assessed land
$251,559
Assessed improvement
$448,139
Land market value
$251,559
Improvement market value
$448,139
Total market value
$699,698
Applied tax rate
197.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
12
Total area
4,800 SF
Lot
0.53 ac (23,100 SF)
Zoning code
CG
APN
00-42-43-24-00-000-5180
UPID
US18-2761760
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · West Palm Beach, FL
Zoning CG · permitted uses
CG · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
12
Lot
0.53 ac
Current owner
From public records · entity-resolved
M & M Wpac LLC
Entity
Mailing address
2254 N MILITARY TRL, WEST PALM BEACH, FL 33409-2948
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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 2, 2022
—
M&m Wpac LLC
—
Deed
related
$525,000 · First Citizens Bank & Trust Co
Mar 6, 2019
—
M&m Wpac LLC
—
Deed
related
$575,000 · Seacoast National Bank
Nov 13, 2013
$271,700
M & M Wpac LLC
Mj LLC
Warranty Deed
$275,000 · Grand Bank & Trust Of Florida
Sep 30, 2013
—
M & M Wpac LLC
Durkee-cunio,michelle
Quit Claim Deed
related
—
Aug 20, 2013
—
M & M Wpac LLC
Durkee-cunio,michelle
Quit Claim Deed
related
—
Feb 22, 2013
—
Steven J Cunio
Cunio,steven J
Quit Claim Deed
related
—
Feb 25, 2011
$250,000
Michelle Durkee-cunio
Mcmichael,barbara J
Warranty Deed
$133,902 · Barbara J Mcmichael
Aug 23, 2006
$300,000
Michelle Durkee-cunio
Mcmichael,barbara J
Warranty Deed
$185,485 · Barbara J Mcmichael
Apr 7, 2006
—
Barbara J Mcmichael
Mj LLC
Warranty Deed
—
Jan 25, 2005
$350,000
Mj LLC
Mcmichael,barbara J
Warranty Deed
—
—
—
Barbara J Mcmichael
—
Deed Of Trust
related
$245,000 · Grand Bank & Trust Of Florida
—
—
Barbara J Mcmichael
—
Deed Of Trust
related
$15,000 · Grand Bank & Trust Of Florida
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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