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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Strip malls
446 Northwood Rd West Palm Beach, FL 33407-5816
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1792171
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1927
Construction
WOOD
Total area
2,446 SF
Lot
0.15 ac (6,534 SF)
Zoning code
NMUD-TR
APN
74-43-43-09-05-052-0220
UPID
US18-1792171
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
-
Del Sol Cabinets Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$920k
Blend (final)
Blend
$1.46M
Owner & transaction history
Sena Group North LLC · 4 yrs held
Sena Group North LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
NMUD-TR · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+83.8%
Auto repair, garage
$1.3M
+74.8%
Commercial (general)
$1.0M
+45.2%
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
$1,510,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,325,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,260,000
Change: +75% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,045,000
Change: +45% · Conversion: Easy
RETAIL STORES
$1,015,000
Change: +41% · Conversion: Easy
WAREHOUSE, STORAGE
$940,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±10% · vs last sale $1.39M (Apr 27 2022)
Last sale anchor
$1.39M
Apr 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
$595 / 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
$12,070
Tax year 2023
Assessed value
$500,487
Assessed 2023
Previous assessed
$427,465
+17.1% YoY
Effective rate
2.41%
On assessed value
Assessed land
$338,415
Assessed improvement
$162,072
Land market value
$338,415
Improvement market value
$162,072
Total market value
$500,487
Applied tax rate
74,407.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1927
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,446 SF
Lot
0.15 ac (6,534 SF)
Zoning code
NMUD-TR
APN
74-43-43-09-05-052-0220
UPID
US18-1792171
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NMUD-TR · West Palm Beach, FL
Zoning NMUD-TR · permitted uses
NMUD-TR · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$940,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1927
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Sena Group North LLC
Entity
Mailing address
277 ROYAL POINCIANA WAY #199, PALM BEACH, FL 33480-4007
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2022
—
Sena Group North LLC
Sena Group LLC
Quit Claim Deed
related
—
Apr 12, 2022
$1,386,100
Sena Group LLC
Eugene Newman
Administrators Deed
—
Oct 18, 2016
—
Pbl 300 LLC
—
Deed
related
$300,000 · Bonnie Finkel
May 31, 2016
—
Pbl 300 LLC
—
Deed
related
$126,000 · Lupowitz Sophie Trust (pt)
Jun 8, 2015
$500,100
Northwood Road Properties LLC
Chowdhury Mohammed O & Fatema
Warranty Deed
—
Jul 6, 2010
$235,000
Mohammed O Chowdhury
Feacher,james C & Mary L
Warranty Deed
$188,000 · Feacher Family Living Tr (pt)
—
—
Glozal Capital LLC
—
Deed Of Trust
related
$175,000 · Eugene Newman
—
—
Glozal Capital LLC
—
Deed Of Trust
related
$175,000 · Eugene Newman
—
—
Pbl 300 LLC
—
Deed Of Trust
related
$110,000 · 300 Pbl Lenders LLC
—
—
Pbl 300 LLC
—
Deed Of Trust
related
$126,000 · Lupowitz Sophie Trust (pt)
—
—
Mohammed O Chowdhury
—
Deed Of Trust
related
$175,000 · First Southern Bank
—
—
Pbl 300 LLC
—
Deed Of Trust
related
$300,000 · Bonnie Finkel
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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