OFF-MARKET
Office buildings
Entity Owned
Free & Clear
Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1952
Construction
WOOD
Total area
5,719 SF
Lot
8.85 ac (385,406 SF)
Zoning code
ROS
APN
54-43-42-27-04-000-6500
UPID
US18-3223464
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$2.11M
Owner & transaction history
Zoning & alternative use
ROS · Palm Beach Shores, FL
General category
OPEN_SPACE
Top alternative use upside
Apartment house (5+ units)
$3.4M
+68.3%
Medical building
$3.1M
+52.9%
Auto repair, garage
$2.9M
+45.5%
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.11M
Value range
$1.90M – $2.32M
±10% around blend
Estimated value / SF
$369 / SF
Confidence
Low
4 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
40
$1.90M
blend $2.11M
$2.32M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,719 SF
Lot area
8.85 ac
Year built
1952
Stories
2
APN
54-43-42-27-04-000-6500
Assessed value
$16,128,660
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
$3.44M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.6 mi away · 5,678 SF
5.5 mi away · 6,474 SF
12.6 mi away · 4,886 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.11M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 447 sales
$354
+4%
County 950 sales
$397
-7%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $369/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+68%
vs current-use indication
Medical Building
Auto Repair, Garage
Industrial (general)
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
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
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$16.13M
Move the market yield to see immediate price impact.
Value / SF
$2,820
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%
$1.02M
$20.32M
$14.52M
$11.29M
$1.13M
$22.58M
$16.13M
$12.54M
$1.24M
$24.84M
$17.74M
$13.80M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$4.75M
4.4 mi · Jan 2026 · $770/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$16,128,660
Assessed 2023
Previous assessed
$15,442,792
+4.4% YoY
Assessed land
$14,567,400
Assessed improvement
$1,561,260
Land market value
$14,567,400
Improvement market value
$1,561,260
Total market value
$16,128,660
Applied tax rate
54,401.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
2
Total area
5,719 SF
Lot
8.85 ac (385,406 SF)
Zoning code
ROS
APN
54-43-42-27-04-000-6500
UPID
US18-3223464
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
ROS · Palm Beach Shores, FLZoning ROS · permitted uses
ROS · Palm Beach Shores, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
OPEN_SPACE
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
1952
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
8.85 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
ROS
OPEN_SPACE
Jurisdiction
Palm Beach Shores, FL
Recorded code
ROS
Official district
ROS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ROS in Palm Beach Shores, FL.
What opens after registration
Zoning profile
District factsZone name, category and district area
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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 247 Edwards Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
