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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Industrial properties
3280 Fairlane Farms Rd Wellington, FL 33414-8793
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0871955
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2001
Construction
CONCRETE
Total area
13,500 SF
Lot
2.14 ac (93,262 SF)
Zoning code
FLEX
APN
73-41-44-23-15-000-0110
UPID
US18-0871955
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
$4.07M
CAP Approach
CAP
$3.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.59M
Owner & transaction history
Wildcraft Holdings LLC · 5 yrs held
Wildcraft Holdings LLC
since 2021
Last sale
$3.4M
6 recorded transactions
Zoning & alternative use
FLEX · Wellington, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$5.6M
+7.4%
Retail stores
$5.6M
+6.8%
Warehouse, storage
$5.4M
+2.4%
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
$3,990,000
ML approach
$4,065,000
CAP Approach
CAP Return
Estimation
6%
$3,415,000
6.5%
$3,155,000
7%
$2,930,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,245,000
Current use
INDUSTRIAL (GENERAL)
$5,635,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$5,600,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$5,370,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±10% · vs last sale $3.38M (Apr 15 2021)
Last sale anchor
$3.38M
Apr 15 2021
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
$266 / 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
$67,524
Tax year 2023
Assessed value
$3,394,004
Assessed 2023
Previous assessed
$3,139,175
+8.1% YoY
Effective rate
1.99%
On assessed value
Assessed land
$1,005,364
Assessed improvement
$2,388,640
Land market value
$1,005,364
Improvement market value
$2,388,640
Total market value
$3,394,004
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
13,500 SF
Lot
2.14 ac (93,262 SF)
Zoning code
FLEX
APN
73-41-44-23-15-000-0110
UPID
US18-0871955
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
FLEX · Wellington, FL
Zoning FLEX · permitted uses
FLEX · Wellington, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wellington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$5.6M
RETAIL STORES
Est. value
$5.6M
WAREHOUSE, STORAGE
Est. value
$5.4M
COMMERCIAL (GENERAL) Current
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
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.14 ac
Current owner
From public records · entity-resolved
Wildcraft Holdings LLC
Entity
Mailing address
3280 FAIRLANE FARMS RD, WELLINGTON, FL 33414-8793
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Apr 15, 2021
$3,375,000
Wildcraft Holdings LLC
Mcp3280 LLC
Warranty Deed
—
Oct 17, 2019
$3,100,000
Mcp3280 LLC
Ridge Building III LLC
Warranty Deed
$4,960,000 · First Bk/the Palm Beaches
Feb 23, 2009
$2,175,000
Ridge Building III LLC
Biscayne Hotel Corp
Warranty Deed
—
May 8, 2006
—
Biscayne Hotel Corp
Owner,record
Warranty Deed
related
—
Nov 22, 2005
$2,000,000
Biscayne Hotel Corp
Orbit Sports Marketing LLC
Warranty Deed
$1,540,000 · Metro Bank Of Dade County
—
—
Ridge Building III LLC
—
Deed Of Trust
related
$1,525,000 · Bank Of America
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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