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Property profile & analytics
OFF-MARKET
Estimated value
$5,395,000
Auto shops
357 Pike Rd West Palm Beach, FL 33411-3800
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-9776531
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2003
Construction
STEEL FRAME
Total area
24,636 SF
Lot
4.31 ac (187,578 SF)
Zoning code
IL
APN
00-42-43-27-05-006-3302
UPID
US18-9776531
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
Current use
Occupant on record · Public records
-
Big Orange Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
-
FLORIDA COAST EQUIPMENT Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.44M
Blend (final)
Blend
$5.40M
Owner & transaction history
Secp Wpb LLC · 4 yrs held
Secp Wpb LLC
since 2022
Last sale
$5.1M
5 recorded transactions
Zoning & alternative use
IL · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$5,545,000
ML approach
$5,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.40M
Range $4.86M – $5.93M · ±10% · vs last sale $5.10M (Jan 27 2022)
Last sale anchor
$5.10M
Jan 27 2022
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
$219 / 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
$89,838
Tax year 2023
Assessed value
$5,133,723
Assessed 2023
Previous assessed
$4,594,650
+11.7% YoY
Effective rate
1.75%
On assessed value
Assessed land
$2,813,700
Assessed improvement
$2,320,023
Land market value
$2,813,700
Improvement market value
$2,320,023
Total market value
$5,133,723
Applied tax rate
192.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
24,636 SF
Lot
4.31 ac (187,578 SF)
Zoning code
IL
APN
00-42-43-27-05-006-3302
UPID
US18-9776531
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IL · West Palm Beach, FL
Zoning IL · permitted uses
IL · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
4.31 ac
Current owner
From public records · entity-resolved
Secp Wpb LLC
Entity
Mailing address
1600 SAWGRASS CORPORATE PKWY STE #400, SUNRISE, FL 33323-2890
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2022
$5,100,000
Secp Wpb LLC
Hotel Durant LLC
Special Warranty Deed
$4,590,000 · Truist Bank
Nov 13, 2007
$3,500,000
Hotel Durant LLC
North South Props Of Hartsville L
Warranty Deed
—
Dec 26, 2002
$913,600
North South Properties Hartsvi
Tire Centers LLC
Grant Deed
$2,800,000 · Hartsville Community Bank
Dec 19, 2000
$845,000
Tire Centers LLC
Everett Trust
Grant Deed
—
—
—
North South Props Of Hartsville L
—
Deed Of Trust
related
$2,644,446 · Wachovia 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.
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