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Property profile & analytics
OFF-MARKET
Estimated value
$6,140,000
Showrooms
2304 Cypress Ln, Belle Glade, FL 33430-1200
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-9503625
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2003
Construction
STEEL FRAME
Total area
20,956 SF
Lot
2.07 ac (89,964 SF)
Zoning code
PIP
APN
04-37-43-29-01-000-0010
UPID
US18-9503625
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
-
Nutrien Ag Solutions Agricultural Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.14M
Owner & transaction history
Crop Production Svcs INC · 13 yrs held
Crop Production Svcs INC
since 2013
3 recorded transactions
Zoning & alternative use
PIP · Belle Glade, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,025,000
6.5%
$5,560,000
7%
$5,165,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,855,000
Current use
OFFICE BUILDING
$8,310,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,280,000
Change: -16% · Conversion: Difficult
MEDICAL BUILDING
$8,260,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$6.14M
Range $5.53M – $6.75M · ±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
$293 / 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
$48,710
Tax year 2023
Assessed value
$2,036,216
Assessed 2023
Previous assessed
$1,772,637
+14.9% YoY
Effective rate
2.39%
On assessed value
Assessed land
$60,287
Assessed improvement
$1,975,929
Land market value
$60,287
Improvement market value
$1,975,929
Total market value
$2,036,216
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
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
20,956 SF
Lot
2.07 ac (89,964 SF)
Zoning code
PIP
APN
04-37-43-29-01-000-0010
UPID
US18-9503625
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PIP · Belle Glade, FL
Zoning PIP · permitted uses
PIP · 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
$9.9M
OFFICE BUILDING
Est. value
$8.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$8.3M
COMMERCIAL (GENERAL) Current
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
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Crop Production Svcs INC
Entity
Free & Clear · 13 yrs held
Mailing address
3005 ROCKY MTN AVE, LOVELAND, CO 80538-9001
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2013
$976,000
Crop Production Svcs INC
Recycling Miami INC
Warranty Deed
—
Oct 27, 2008
$1,200,000
Recycling Miami INC
Tripp,h Larue
Warranty Deed
$930,000 · Transatlantic Bank
—
—
H L Tripp
—
Deed Of Trust
related
$50,000 · First Community Bank Palm Beac
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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