Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,025,000
Commercial land
401 Ave C C Belle Glade, FL 33430
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5770145
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.1 ac (4,234 SF)
Zoning code
B-2
APN
04-37-43-31-15-008-0010
UPID
US18-5770145
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
$2.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
Pbc Investments Group LLC · 3 yrs held
Pbc Investments Group LLC
since 2023
Last sale
$3.3M
7 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
Method
Estimation
Statistic approach
$2,895,000
ML approach
$2,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±10% · vs last sale $3.25M (May 26 2023)
Last sale anchor
$3.25M
May 26 2023
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
—
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
$514
Tax year 2023
Assessed value
$8,259
Assessed 2023
Previous assessed
$8,259
+0.0% YoY
Effective rate
6.22%
On assessed value
Assessed land
$5,545
Assessed improvement
$2,714
Land market value
$5,545
Improvement market value
$2,714
Total market value
$8,259
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.1 ac (4,234 SF)
Zoning code
B-2
APN
04-37-43-31-15-008-0010
UPID
US18-5770145
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
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Pbc Investments Group LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2600 E HALLANDALE BCH BLVD APT #3107, HALLANDALE BEACH, FL 33009-4873
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
—
Pbc Investments Group LLC
Wpb Holdings Group LLC
Correction Deed
related
—
May 26, 2023
—
Pbc Investments Group LLC
Wpb Holdings Group LLC
Quit Claim Deed
related
—
Feb 24, 2022
$3,250,000
Wpb Holdings Group LLC
Belle Building LLC
Warranty Deed
$2,850,000 · Manhattan Bridge Capital INC
Jul 10, 2009
—
Rose Building LLC
—
Deed Of Trust
related
$1,000,000 · Equity Max INC
Jun 16, 2009
$675,000
Belle Building LLC
Ib Glade Land Trust 1
Warranty Deed
—
Feb 25, 2009
—
Ib Glade Land Trust 1
2915 Broadway West Palm Bch
Warranty Deed
—
Jun 23, 2008
—
2915 Broadway West Palm Bch Co
Ibiubu LLC Coc
Trustees Deed
related
—
May 2, 2006
$1,500,000
Ibiubu LLC
Dey,david P
Warranty Deed
$900,000 · Meshnick Trust (tr)
May 17, 2004
$750,000
David P Dey
Royal,tr
Grant Deed
$900,000 · Meshnick Trust
—
—
Belle Building LLC
—
Deed Of Trust
related
$458,881 · Equity Max INC
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 401 Ave C C?
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.
