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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Distribution centers
3121 Fairlane Farms Rd Ste 8 Wellington, FL 33414-8753
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4883608
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE BLOCKS
Lot
1 ac (43,560 SF)
APN
73-41-44-23-16-000-0160
UPID
US18-4883608
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
3121 Fairlane Famrs 8 LLC · 1 yrs held
3121 Fairlane Famrs 8 LLC
since 2024
Last sale
$725,000
6 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
Method
Estimation
Statistic approach
$725,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $725k (Oct 4 2024)
Last sale anchor
$725k
Oct 4 2024
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
—
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
$9,197
Tax year 2023
Assessed value
$455,743
Assessed 2023
Previous assessed
$455,743
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed improvement
$455,743
Improvement market value
$455,743
Total market value
$455,743
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
73-41-44-23-16-000-0160
UPID
US18-4883608
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
3121 Fairlane Famrs 8 LLC
Entity
Mailing address
3121 FAIRLANE FARMS RD STE #8, WELLINGTON, FL 33414-8753
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
$725,000
3121 Fairlane Famrs 8 LLC
Off Stribling LLC
Warranty Deed
—
Sep 6, 2022
—
Off Stribling LLC
Marcy Lynn Strong
Quit Claim Deed
related
—
Feb 20, 2019
$100
Marcy L Strong
Freedman,martin B
Quit Claim Deed
related
—
Mar 6, 2012
$135,000
Martin B Freedman
N & E Sons LLC
Warranty Deed
—
Oct 24, 2007
$410,000
N & E Sons LLC
Gonzalez,orlando & Berta M
Warranty Deed
$110,000 · Orlando & Berta M Gonzalez
Nov 22, 2005
$350,000
Orlando Gonzalez
Global Land Dev LLC
Warranty Deed
—
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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