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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Distribution centers
3101 Fairlane Farms Rd Ste 3 Wellington, FL 33414-8750
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0940547
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE BLOCKS
Lot
1 ac (43,560 SF)
APN
73-41-44-23-16-000-0190
UPID
US18-0940547
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Carr Sollak Fairlane LLC · 1 yrs held
Carr Sollak Fairlane LLC
since 2024
Last sale
$612,500
7 recorded transactions
Zoning & alternative use
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 Wellington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellington 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
—
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
$7,932
Tax year 2023
Assessed value
$466,659
Assessed 2023
Previous assessed
$319,887
+45.9% YoY
Effective rate
1.70%
On assessed value
Assessed improvement
$466,659
Improvement market value
$466,659
Total market value
$466,659
Applied tax rate
73,486.0000
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
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
1 ac (43,560 SF)
APN
73-41-44-23-16-000-0190
UPID
US18-0940547
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
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Carr Sollak Fairlane LLC
Entity
Mailing address
1035 S STATE RD 7TH STE #215, WELLINGTON, FL 33414-6137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 12, 2024
$612,500
Carr Sollak Fairlane LLC
3101 Fairlane Farms Rd Unit 3 LLC
Warranty Deed
—
Mar 26, 2018
$360,000
3101 Fairlane Farms Rd Unit 3
Terbonova INC
Warranty Deed
$235,000 · Terbonova INC
Jul 13, 2015
$235,000
Terbonova INC
Colao,alex
Warranty Deed
—
Jul 22, 2009
—
Alex Colao
Tota,jason & Emily
Quit Claim Deed
related
—
Apr 4, 2008
—
Jason Tota
Colao,alex
Quit Claim Deed
related
—
Jan 9, 2006
$288,750
Alex Colao
Global Land Dev LLC
Warranty Deed
$169,000 · Meister Financial Group
—
—
Alex Colao
—
Deed Of Trust
related
$190,000 · Lyons Richard W (te)
—
—
Alex Colao
—
Deed Of Trust
related
$190,000 · Lyons Richard W (te)
—
—
Alex Colao
—
Deed Of Trust
related
$190,000 · Lyons Richard W (te)
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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