Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    330 Clematis St, Unit 1-H West Palm Beach, FL 33401-4657

    • Investment properties
    • 3,555 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $880,000
    Show details
    Cap Rate Potential
    7.4%
    Investment properties
    Location Intelligence
    Property ID
    US18-9688891
    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

    • Prestigious Real Estate / Real Estate Agency
    • Near2Me Storage Units / Storage Facility
    • Vape & Smoke Shop - Clematis / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
    • Francisco's Car Towings Company West Palm Beach / Auto Parts Store
    • Blue God LLC / Church

    Property Details for 330 Clematis St

    Year built
    1987
    Construction
    CONCRETE BLOCKS
    Lot size
    1.00 lot acres
    Property size
    3,555 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    74-43-43-22-33-001-0080
    APU
    74434322330010080

    Description

    This exceptional investment opportunity presents a 1,355 square foot retail space currently leased to Jimmy John's, a nationally recognized franchisee. Located in downtown West Palm Beach at 330 Clematis Street, this Class B property boasts a prime location with high visibility and foot traffic. The property, built in 1987 and renovated in 1997, is a single-tenant, net lease investment with a gross lease type. The current lease commenced April 1, 2022, and expires April 1, 2027, leaving approximately 2.4 years remaining. The asking price is $1,300,000. This investment offers a stable income stream due to the established tenant and desirable location within a thriving commercial district. The property's APN is 74-43-43-22-33-001-0060. This is a fantastic opportunity for investors seeking a strong, established tenant in a high-demand area. The property is situated in Palm Beach County, Florida, zip code 33401.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $730,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $900,000
      6.5%
      $830,000
      7%
      $770,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,084,000
      Market price range: $294k - $1.56M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.053
    Latitude
    26.7131
    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
    $27,705
    $0.00
    $1,072,189
    $1,072,189
    -
    $0.00
    $1,072,189
    $1,072,189

    Comparable in this City

    • Value Estimation by Request
      519 SF

      330 Clematis St Ste, Unit 208

      OFFICE/RESIDENTIAL (MIXED USE) • 519 SF
      330 Clematis St Ste, West Palm Beach, FL 33401-4602
      View Details
    • Value Estimation
      $820,000
      970 SF

      330 Clematis St Ste, Unit 215

      OFFICE/RESIDENTIAL (MIXED USE) • 970 SF
      330 Clematis St Ste, West Palm Beach, FL 33401-4602
      View Details
    • Value Estimation by Request
      1,259 SF

      480 Hibiscus St, Unit CU3

      OFFICE/RESIDENTIAL (MIXED USE) • 1,259 SF
      480 Hibiscus St, West Palm Beach, FL 33401-5866
      View Details
    • Value Estimation by Request
      695 SF

      330 Clematis St, Unit 2-G

      OFFICE/RESIDENTIAL (MIXED USE) • 695 SF
      330 Clematis St, West Palm Beach, FL 33401-4657
      View Details
    • Value Estimation
      $500,000
      1.00 Acre

      211 Narcissus Ave, Unit MU-1

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      211 Narcissus Ave, West Palm Beach, FL 33401-5654
      View Details
    • Value Estimation by Request
      1.00 Acre

      480 Hibiscus St, Unit CU1

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      480 Hibiscus St, West Palm Beach, FL 33401-5866
      View Details

    Similar Nearby for Sale

    • $700,000

      Storefront and Duplex Investment Opportunity

      Commercial storefront and residential duplex near Downtown West Palm Beach.
      1504 N Sapodilla Ave N, West Palm Beach, FL 33401
      View Details
    • $5,895,000

      West Palm Beach Mixed-Use Gem

      Prime location, high potential, $5.895M
      433 Flamingo Dr, West Palm Beach, FL 33401
      View Details
    • $20,000,000
      5,452 SF

      West Palm Beach Redevelopment Portfolio

      Prime downtown West Palm Beach redevelopment opportunity with air rights.
      401 N Rosemary Ave, West Palm Beach, FL 33401
      View Details
    • Contact for pricing
      1,790 SF

      West Palm Beach Retail Duo

      Historic District, Two Buildings, High Potential
      1029 Tamarind Ave, West Palm Beach, FL 33401
      View Details
    • $799,000

      West Palm Beach Duplex Investment

      Renovated Duplex, 4/4 Units, High ROI
      629 9Th St, West Palm Beach, FL 33401
      View Details
    • $250,000
      649 SF

      West Palm Beach Commercial Condo

      Office suite in downtown West Palm Beach with high visibility.
      120 S Olive Ave, West Palm Beach, FL 33401
      View Details

    Similar Nearby for Lease

    • $49 SF/Yr
      1,821 SF

      Downtown West Palm Beach Retail Space

      Prime 1821 sq ft Retail Condo
      277 Evernia St, West Palm Beach, FL 33401
      View Details
    • $45 SF/Yr
      21,500 SF

      Halsey Place: Creative Office Spaces

      West Palm Beach Creative Office, Restaurant Opportunity
      313 Datura St, West Palm Beach, FL 33401
      View Details
    • $325,000

      Downtown West Palm Beach Office

      Corner office space in iconic downtown West Palm Beach building.
      120 S Olive Ave, West Palm Beach, FL 33401
      View Details
    • Contact for pricing
      31,000 SF

      Medical Office Space Available

      93,000 SF medical office building with full floor opportunities.
      1801 Palm Beach Lakes Blvd, West Palm Beach, FL 33401
      View Details
    • $30 SF/Yr
      7,253 SF

      Downtown Office Space with Views

      Renovated office space in downtown West Palm Beach.
      505 South Flagler Dr, West Palm Beach, FL 33401
      View Details
    • $4,000 /Mo

      Commercial Land For Rent

      Commercial land available for rent in West Palm Beach, FL.
      1710 Okeechobee Rd, West Palm Beach, FL 33401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    330 Clematis St, Unit 1-H
    West Palm Beach, FL 33401-4657
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.