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Property profile & analytics
OFF-MARKET
Estimated value
$6,030,000
Showrooms
330 Business Park Way Royal Palm Beach, FL 33411-1763
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-5107932
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
CONCRETE
Total area
20,808 SF
Lot
4.89 ac (213,008 SF)
Zoning code
IG
APN
72-41-43-25-16-000-0310
UPID
US18-5107932
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
$4.86M
Comparable Approach
Comparable
$5.52M
Blend (final)
Blend
$6.03M
Owner & transaction history
Sroa 330 Business Fl LLC · 7 yrs held
Sroa 330 Business Fl LLC
since 2019
2 recorded transactions
Zoning & alternative use
IG · Royal Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.7M
+18.7%
Retail stores
$8.6M
+18.0%
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 Royal Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,265,000
6.5%
$4,860,000
7%
$4,510,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,320,000
Current use
INDUSTRIAL (GENERAL)
$8,685,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$8,635,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$6.03M
Range $5.43M – $6.63M · ±10%
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
$290 / 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
$299,603
Tax year 2023
Assessed value
$23,206,870
Assessed 2023
Previous assessed
$19,767,754
+17.4% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,511,779
Assessed improvement
$21,695,091
Land market value
$1,511,779
Improvement market value
$21,695,091
Total market value
$23,206,870
Applied tax rate
72,486.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
5
Stories
2
Rooms
2
Total area
20,808 SF
Lot
4.89 ac (213,008 SF)
Zoning code
IG
APN
72-41-43-25-16-000-0310
UPID
US18-5107932
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IG · Royal Palm Beach, FL
Zoning IG · permitted uses
IG · Royal Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Royal Palm Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.3M
INDUSTRIAL (GENERAL)
Est. value
$8.7M
RETAIL STORES
Est. value
$8.6M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
5
Rooms
2
Lot
4.89 ac
Current owner
From public records · entity-resolved
Sroa 330 Business Fl LLC
Entity
Mailing address
324 DATURA ST STE #338, WEST PALM BEACH, FL 33401-5417
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2019
$10,134,000
Sroa 330 Business Fl LLC
191 III Cube Fl Sub LLC
Grant Deed
$166,650,000 · Miscellaneous Ins Co
Dec 15, 2015
$9,838,548
191 III Cube Fl Sub LLC
Storage Pros Rpb LLC
Special Warranty Deed
$122,000,000 · Wells Fargo 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.
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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