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Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Strip malls
300 Us Hwy 1st 1 North Palm Beach, FL 33408-5512
Entity Owned
~
Est. High Equity
Property ID
US18-3108404
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1971
Construction
CONCRETE
Total area
6,000 SF
Lot
0.77 ac (33,371 SF)
Zoning code
C-S
APN
68-43-42-16-01-000-1250
UPID
US18-3108404
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$3.19M
Owner & transaction history
300 Npb LLC
300 Npb LLC
since 2025
Last sale
$3.2M
5 recorded transactions
Zoning & alternative use
C-S · North Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+159.8%
Apartment house (5+ units)
$3.6M
+102.3%
Medical building
$3.2M
+83.8%
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 North Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$3,115,000
ML approach
$3,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,590,000
Change: +160% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,575,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$3,245,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,090,000
Change: +75% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,505,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$2,490,000
Change: +41% · Conversion: Easy
WAREHOUSE, STORAGE
$2,385,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±10% · vs last sale $3.20M (Jul 17 2025)
Last sale anchor
$3.20M
Jul 17 2025
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
$531 / 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
$52,735
Tax year 2023
Assessed value
$2,639,982
Assessed 2023
Previous assessed
$2,494,074
+5.9% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,576,827
Assessed improvement
$1,063,155
Land market value
$1,576,827
Improvement market value
$1,063,155
Total market value
$2,639,982
Applied tax rate
68,401.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,000 SF
Lot
0.77 ac (33,371 SF)
Zoning code
C-S
APN
68-43-42-16-01-000-1250
UPID
US18-3108404
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-S · North Palm Beach, FL
Zoning C-S · permitted uses
C-S · North Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Palm Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.4M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
300 Npb LLC
Entity
Mailing address
1400 S FEDERAL HWY, FORT LAUDERDALE, FL 33316-2620
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
$3,200,000
300 Npb LLC
300 Us 1 Holdings LLC
Special Warranty Deed
$2,100,000 · Pender Real Estate Credit Fund
Jan 24, 2022
$3,250,000
300 Us 1 Holdings LLC
Cin Palm Beach LLC
Warranty Deed
$2,400,000 · Valley Bank
Apr 18, 2014
$2,700,000
Cin Palm Beach LLC
Bms Real Estate Solutions LLC
Grant Deed
—
Sep 5, 2007
$1,420,000
Bms Real Estate Solutions LLC
Rosen,norman S
Grant Deed
$1,350,000 · Parish National Bank
—
—
Bms Real Estate Solutions LLC
—
Loan Modification
related
—
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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