New search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Banks
3345 Burns Rd Ste 202, Palm Beach Gardens, FL 33410-4305
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0415922
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1990
Construction
CONCRETE BLOCKS
Total area
1,475 SF
APN
52-43-42-07-24-002-2020
UPID
US19-0415922
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$625k
Owner & transaction history
Namaste Global Holdings LLC · 5 yrs held
Namaste Global Holdings LLC
since 2021
Last sale
$630,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$800,000
+13.9%
Auto repair, garage
$760,000
+8.3%
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 Palm Beach Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Beach Gardens 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
$615,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$700,000
Current use
MEDICAL BUILDING
$800,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$760,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$610,000
Change: -13% · Conversion: Difficult
WAREHOUSE, STORAGE
$585,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$575,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $630k (Feb 16 2021)
Last sale anchor
$630k
Feb 16 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
$424 / 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
$6,506
Tax year 2023
Assessed value
$357,099
Assessed 2023
Previous assessed
$302,376
+18.1% YoY
Effective rate
1.82%
On assessed value
Assessed improvement
$357,099
Improvement market value
$357,099
Total market value
$357,099
Applied tax rate
52,401.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1990
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
1,475 SF
APN
52-43-42-07-24-002-2020
UPID
US19-0415922
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
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$700,000
MEDICAL BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$760,000
RETAIL STORES
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$575,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1990
Construction
CONCRETE BLOCKS
Heating
NONE
Current owner
From public records · entity-resolved
Namaste Global Holdings LLC
Entity
Mailing address
15140 PALMWOOD RD, PALM BEACH GARDENS, FL 33410-1026
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2021
$630,000
Namaste Global Holdings LLC
Lpj Holdings LLC
Warranty Deed
$535,500 · First Citizens Bank & Trust Co
Apr 11, 2016
$216,051
Lpj Holdings LLC
Papa,teresa D
Warranty Deed
related
$256,000 · Centerstate Bk/fl
Apr 23, 2015
$320,000
Teresa D Papa
Land Holding
Grant Deed
—
Dec 30, 2013
$100
Holding Land
201 Gardens Medical Pa Coc
Trustees Deed
related
—
Aug 7, 2013
$6,500
Gardens Medical Park Phase II
201 Gardens Medical Park Coc
Trustees Deed
related
—
Jan 9, 2007
$495,000
201 Gardens Medical Park LLC
Riverwalk Of Jupiter INC
Warranty Deed
$396,000 · Fidelity Federal Bank & Trust
—
—
Clyde Wilkins JR.
—
Deed Of Trust
related
$131,257 · Equity Prime Mtg
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3345 Burns Rd Ste, Unit 202?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
