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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Distribution centers
2885 Jupiter Park Dr 11, Jupiter, FL 33458-6035
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3323426
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
CONCRETE BLOCKS
Total area
2,261 SF
Lot
1 ac (43,560 SF)
APN
30-42-41-03-30-002-0110
UPID
US18-3323426
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
-
Power Supply Concepts Inc Power Station
-
Joey D Golf Sports Training Center Gym & Fitness Center
-
Katz Computer Service Computer & Electronic Repair
-
Green Building Construction Corporation Construction Company General Contractor
-
East Coast Electric Screening Electronics & Wireless Store Mobile Phone Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$630k
Owner & transaction history
Carolyn M Spellman · 5 yrs held
Carolyn M Spellman
since 2021
Last sale
$519,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$910,000
+19.1%
Retail stores
$900,000
+17.8%
Neighborhood: shopping center
$895,000
+16.7%
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 Jupiter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jupiter 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
$705,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$495,000
6.5%
$455,000
7%
$425,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$765,000
Current use
OFFICE BUILDING
$910,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$900,000
Change: +18% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$890,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$865,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $519k (Jan 20 2021)
Last sale anchor
$519k
Jan 20 2021
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
$279 / 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
$8,800
Tax year 2023
Assessed value
$479,333
Assessed 2023
Previous assessed
$479,333
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed improvement
$479,333
Improvement market value
$479,333
Total market value
$479,333
Applied tax rate
30,571.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
2,261 SF
Lot
1 ac (43,560 SF)
APN
30-42-41-03-30-002-0110
UPID
US18-3323426
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$765,000
OFFICE BUILDING
Est. value
$910,000
RETAIL STORES
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
MEDICAL BUILDING
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$865,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Carolyn M Spellman
Individual
Mailing address
2875 JUPITER PARK DR STE #100, JUPITER, FL 33458-8982
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jan 20, 2021
$519,000
Carolyn M Spellman
Ajb Holdings Corp
Warranty Deed
—
Jan 6, 2016
$355,000
Ajb Holdings Corp
Power Supply Concepts INC
Warranty Deed
—
—
—
Power Supply Concepts INC
—
Deed Of Trust
related
$425,000 · Ironstone Bank
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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