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Property profile & analytics
OFF-MARKET
Estimated value
$3,545,000
Grocery and convenience stores
252 Military Trl West Palm Beach, FL 33415-3135
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-1087026
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Construction
CONCRETE
Total area
2,460 SF
Lot
0.97 ac (42,040 SF)
Zoning code
UC
APN
00-42-44-01-00-000-1020
UPID
US18-1087026
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
-
Gun Club Food Mart Grocery & Convenience Store
-
Metro Cellular Mobile Phone Store Electronics & Wireless Store
-
Latin American Cafe Restaurant
-
Gun Club Chevron Gas Station
-
T16 HVAC-Repairs-Services-Team INC Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$3.55M
Owner & transaction history
Rj Petroleum Properties LLC · 5 yrs held
Rj Petroleum Properties LLC
since 2020
Last sale
$4.1M
4 recorded transactions
Zoning & alternative use
UC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.55M
Range $3.19M – $3.90M · ±10% · vs last sale $4.12M (Aug 6 2020)
Last sale anchor
$4.12M
Aug 6 2020
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
$1,441 / 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
$24,314
Tax year 2023
Assessed value
$1,303,397
Assessed 2023
Previous assessed
$1,261,096
+3.4% YoY
Effective rate
1.87%
On assessed value
Assessed land
$1,003,939
Assessed improvement
$299,458
Land market value
$1,003,939
Improvement market value
$299,458
Total market value
$1,303,397
Applied tax rate
362.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
4
Bathrooms
2
Total area
2,460 SF
Lot
0.97 ac (42,040 SF)
Zoning code
UC
APN
00-42-44-01-00-000-1020
UPID
US18-1087026
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
UC · West Palm Beach, FL
Zoning UC · permitted uses
UC · 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
1965
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Bathrooms
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Rj Petroleum Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9255 W SUNSET BLVD STE #800, WEST HOLLYWOOD, CA 90069-3320
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
—
Rj Petroleum Properties LLC
—
Deed
related
$2,800,000 · Bbcn Bank
Aug 6, 2020
$4,120,000
Rj Petroleum Properties LLC
Gun Club Station INC
Warranty Deed
—
Jul 6, 2020
—
Gun Club Station INC
—
Deed
related
$1,691,105 · Bankunited NA
—
—
Gun Club Station INC
—
Loan Modification
related
$1,691,105 · Bankunited NA
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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