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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Automotive properties
3031 Okeechobee Blvd West Palm Beach, FL 33409-4015
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5403877
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1967
Construction
CONCRETE
Total area
31,582 SF
Lot
4.94 ac (215,356 SF)
Zoning code
CPD
APN
74-43-43-19-04-001-0032
UPID
US18-5403877
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
-
Clifford Barbalat: Allstate Insurance Insurance Agency
-
Schumacher Buick GMC of West Palm Beach Car Dealership
-
Schumacher Buick GMC of West Palm Beach Parts Center Auto Parts Store
-
Schumacher Buick GMC of West Palm Beach - Service Center Auto Repair Shop
-
Schumacher Subaru Parts Department Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.59M
Owner & transaction history
Schumacher Auto Group INC · 5 yrs held
Schumacher Auto Group INC
since 2020
7 recorded transactions
Zoning & alternative use
CPD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / 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
$240,562
Tax year 2023
Assessed value
$10,766,734
Assessed 2023
Previous assessed
$10,642,958
+1.2% YoY
Effective rate
2.23%
On assessed value
Assessed land
$4,572,008
Assessed improvement
$6,194,726
Land market value
$4,572,008
Improvement market value
$6,194,726
Total market value
$10,766,734
Applied tax rate
74,407.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
4
Stories
2
Total area
31,582 SF
Lot
4.94 ac (215,356 SF)
Zoning code
CPD
APN
74-43-43-19-04-001-0032
UPID
US18-5403877
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CPD · West Palm Beach, FL
Zoning CPD · permitted uses
CPD · 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
1967
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Lot
4.94 ac
Current owner
From public records · entity-resolved
Schumacher Auto Group INC
Entity
Mailing address
3101 OKEECHOBEE BLVD, WEST PALM BEACH, FL 33409-4034
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2020
—
Schumacher Auto Group INC
—
Deed
related
$20,696,167 · Wells Fargo Bk
Jan 16, 2020
—
Schumacher Auto Group INC
—
Deed
related
$19,946,167 · Wells Fargo Bk
Oct 15, 2019
—
Schumacher Auto Group INC
—
Grant Deed
related
$1,593,453 · Wells Fargo Bk
Aug 3, 2017
—
Schumacher Auto Group INC
—
Grant Deed
related
$1,700,000 · Wells Fargo Bk
Oct 20, 2016
—
Schumacher Auto Group INC
—
Deed
related
$3,000,000 · Wells Fargo Bank NA
—
—
Schumacher Auto Group INC
—
Loan Modification
related
$19,946,167 · Wells Fargo Bk
—
—
Schumacher Auto Group INC
—
Loan Modification
related
$4,788,071 · Wells Fargo Bank
—
—
Schumacher Auto Group INC
—
Loan Modification
related
$20,696,167 · Wells Fargo Bk
—
—
Buick-oldsmobile In Schumacher
—
Deed Of Trust
related
$3,001,000 · Wachovia Bank 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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