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    Property profile & analytics

    3220 Commerce Pl West Palm Beach, FL 33407-1959

    • Day care centers
    • 6,148 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Location Intelligence
    Property ID
    US18-4138585
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Village Boulevard KinderCare / Preschool / Day Care Center

    Property Details for 3220 Commerce Pl

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.75 lot acres
    Property size
    6,148 SF
    Zone code
    CPD
    Property type
    Day care centers
    APN
    74-42-43-01-17-000-0061
    APU
    74424301170000061

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $470,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $550,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $525,000
      Retail
      $425,000
      Mixed-Use
      $520,000
      Hospitality
      $515,000
      Educational
      $500,000
      Residential Income
      $455,000
      Energy
      $495,000
      Income-Based Land
      $475,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1004
    Latitude
    26.7618
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,369
    $514,915
    $577,652
    $1,092,567
    -
    $514,915
    $577,652
    $1,092,567

    Comparable in this City

    • Value Estimation
      $1,625,000
      2,184 SF

      1127 48th St

      DAY CARE, PRE-SCHOOL • 2,184 SF
      1127 48th St, Mangonia Park, FL 33407-2301
      View Details
    • Value Estimation
      $385,000
      1,860 SF

      542 22nd St

      DAY CARE, PRE-SCHOOL • 1,860 SF
      542 22nd St, West Palm Beach, FL 33407-5804
      View Details
    • Value Estimation by Request
      4,968 SF

      4739 45th St

      DAY CARE, PRE-SCHOOL • 4,968 SF
      4739 45th St, West Palm Beach, FL 33407-3005
      View Details
    • Value Estimation by Request
      8,590 SF

      5917 Haverhill Rd

      DAY CARE, PRE-SCHOOL • 8,590 SF
      5917 Haverhill Rd, West Palm Beach, FL 33407-1754
      View Details
    • Value Estimation
      $365,000
      2,686 SF

      1125 Grant St

      DAY CARE, PRE-SCHOOL • 2,686 SF
      1125 Grant St, West Palm Beach, FL 33407-6225
      View Details
    • Value Estimation
      $300,000
      1,860 SF

      3700 Greenwood Ave

      DAY CARE, PRE-SCHOOL • 1,860 SF
      3700 Greenwood Ave, West Palm Beach, FL 33407-4026
      View Details

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    Similar Nearby for Lease

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    3220 Commerce Pl
    West Palm Beach, FL 33407-1959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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