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Property profile & analytics
OFF-MARKET
Medical Office Space
371 Main St Belle Glade, FL 33430-3427
Entity Owned
6-yr Hold
Free & Clear
Property ID
US19-0530596
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
WOOD
Total area
1,800 SF
Lot
0.13 ac (5,502 SF)
Zoning code
B-2
APN
04-37-43-32-00-000-7110
UPID
US19-0530596
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
-
Best Care Community and Family Health Center - Belle Glade Physician
-
Dr. Les Cohen Alternative Medicine Practice
-
Matthew Pinnacle Home Care Physician
-
Lizardo Victor M MD Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
371 Medical LLC · 6 yrs held
371 Medical LLC
since 2020
Last sale
$175,000
5 recorded transactions
Zoning & alternative use
B-2 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to stores for retail trade, restaurants and delicatessens, indoor theaters, financial institutions, filling stations
Zone name
Restricted Business
General category
COMMERCIAL
Zone area
375.50 ac
Source
Realmo
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 Belle Glade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belle Glade 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,334
Tax year 2023
Assessed value
$173,210
Assessed 2023
Previous assessed
$170,490
+1.6% YoY
Effective rate
1.35%
On assessed value
Assessed land
$12,155
Assessed improvement
$161,055
Land market value
$12,155
Improvement market value
$161,055
Total market value
$173,210
Applied tax rate
4,486.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
13
Total area
1,800 SF
Lot
0.13 ac (5,502 SF)
Zoning code
B-2
APN
04-37-43-32-00-000-7110
UPID
US19-0530596
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Belle Glade, FLZoning B-2 · permitted uses
B-2 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to stores for retail trade, restaurants and delicatessens, indoor theaters, financial institutions, filling stations
Zone name
Restricted Business
General category
COMMERCIAL
Zone area
375.50 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
13
Lot
0.13 ac
Current owner
From public records · entity-resolved
371 Medical LLC
Entity
Free & Clear · 6 yrs held
Mailing address
461 E COMMERCIAL BLVD, FORT LAUDERDALE, FL 33334-2413
Ownership since
2020
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
May 5, 2020
—
371 Medical LLC
Aphis Investment LLC
Quit Claim Deed
related
—
Feb 11, 2020
$175,000
Aphis Investment LLC
Leslie H Cohen
Warranty Deed
—
Sep 14, 2016
—
Seminole Supply Co INC Of Belle G
—
Deed
related
$189,702 · Bank Of Belle Glade
Dec 21, 2006
$180,000
Leslie H Cohen
Bonavia,thomas W & Karon W
Warranty Deed
$140,000 · Bank Of America
—
—
Seminole Supply Co INC Of Belle G
—
Loan Modification
related
$189,702 · Bank Of Belle Glade
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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