Entity Owned Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
CONCRETE
Total area
8,280 SF
Lot
1.41 ac (61,402 SF)
Zoning code
IG
APN
72-41-43-25-16-000-0360
UPID
US18-2701512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$2.16M
Owner & transaction history
since 2001
1 recorded transaction
Zoning & alternative use
IG · Royal Palm Beach, FL
Zoning description
The purpose and intent of this district is to provide a park-like development of mutually harmonious industries, research facilities and educational institutions in areas consistent with the village's comprehensive plan…
General category
INDUSTRIAL
Top alternative use upside
Industrial (general)
$3.5M
+18.7%
Retail stores
$3.4M
+18.0%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.16M
Value range
$1.94M – $2.37M
±10% around blend
Estimated value / SF
$260 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.94M
blend $2.16M
$2.37M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,280 SF
Lot area
1.41 ac
Year built
1989
Stories
1
APN
72-41-43-25-16-000-0360
Zoning
IG
Assessed value
$2,640,968
Annual tax
$48,288
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.94M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.10M
@ 6.5% CAP return
$1.94M
@ 7% CAP return
$1.80M
4
Sales comparison
Partial preview
Sales approach indication
$3.54M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.3 mi away · 10,080 SF
7.2 mi away · 7,492 SF
9.1 mi away · 6,308 SF
9.2 mi away · 9,242 SF
16.9 mi away · 6,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.16M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 22 sales
$352
-26%
Submarket 370 sales
$389
-33%
County 866 sales
$470
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $260/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+19%
vs current-use indication
Retail Stores
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
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
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 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$2.64M
Move the market yield to see immediate price impact.
Value / SF
$319
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%
$166k
$3.33M
$2.38M
$1.85M
$185k
$3.70M
$2.64M
$2.05M
$203k
$4.07M
$2.91M
$2.26M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$4.28M
4.9 mi · Sep 2025 · $521/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,288
Tax year 2023
Assessed value
$2,640,968
Assessed 2023
Previous assessed
$2,304,794
+14.6% YoY
Effective rate
1.83%
On assessed value
Assessed land
$629,974
Assessed improvement
$2,010,994
Land market value
$629,974
Improvement market value
$2,010,994
Total market value
$2,640,968
Applied tax rate
72,486.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
8,280 SF
Lot
1.41 ac (61,402 SF)
Zoning code
IG
APN
72-41-43-25-16-000-0360
UPID
US18-2701512
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IG · Royal Palm Beach, FLZoning IG · permitted uses
IG · Royal Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose and intent of this district is to provide a park-like development of mutually harmonious industries, research facilities and educational institutions in areas consistent with the village's comprehensive plan…
General category
INDUSTRIAL
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
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
1.41 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
IG
INDUSTRIAL
Jurisdiction
Royal Palm Beach, FL
Recorded code
IG
Official district
IG
Official district profile
What the municipal code says about IG
Zoning description
The purpose and intent of this district is to provide a park-like development of mutually harmonious industries, research facilities and educational institutions in areas consistent with the village's comprehensive plan…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IG in Royal Palm Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
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.
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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.
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