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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Office buildings
41 Ave C C Belle Glade, FL 33430-3525
Individually Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1223731
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1958
Construction
CONCRETE
Total area
1,680 SF
Lot
0.22 ac (9,792 SF)
Zoning code
B-2
APN
04-37-43-32-00-000-7290
UPID
US18-1223731
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
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$290k
Owner & transaction history
Stephen H Stafford · 27 yrs held
Stephen H Stafford
since 1999
1 recorded transaction
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
Top alternative use upside
Auto repair, garage
$830,000
+24.5%
Commercial (general)
$790,000
+18.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$680,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$665,000
Current use
AUTO REPAIR, GARAGE
$830,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +19% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$660,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$575,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$290k
Range $261k – $319k · ±10%
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
$173 / 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
$6,326
Tax year 2023
Assessed value
$254,921
Assessed 2023
Previous assessed
$212,521
+20.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$16,255
Assessed improvement
$238,666
Land market value
$16,255
Improvement market value
$238,666
Total market value
$254,921
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
6
Total area
1,680 SF
Lot
0.22 ac (9,792 SF)
Zoning code
B-2
APN
04-37-43-32-00-000-7290
UPID
US18-1223731
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
MEDICAL BUILDING
Est. value
$660,000
WAREHOUSE, STORAGE
Est. value
$575,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Stephen H Stafford
Individual
Mailing address
7800 S WOODRIDGE DR, PARKLAND, FL 33067-2332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 1999
$184,800
Stephen H Stafford
Norman,william A & Sarah G
Grant Deed
$184,770 · Seller
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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