New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,010,000
Retail space
5055 10th N Ave, Greenacres, FL 33463-2048
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-8399018
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
CONCRETE
Total area
8,394 SF
Lot
1.64 ac (71,316 SF)
Zoning code
MXD-OS
APN
18-42-44-23-25-001-0000
UPID
US18-8399018
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
$3.58M
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$3.01M
Owner & transaction history
Tgc Greenacres LLC · 4 yrs held
Tgc Greenacres LLC
since 2021
Last sale
$3.0M
2 recorded transactions
Zoning & alternative use
MXD-OS · Greenacres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+86.9%
Commercial (general)
$3.9M
+48.2%
Office building
$3.7M
+42.3%
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 Greenacres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenacres 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
$3,565,000
ML approach
$3,575,000
CAP Approach
CAP Return
Estimation
6%
$2,365,000
6.5%
$2,185,000
7%
$2,030,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,600,000
Current use
RESTAURANT
$4,860,000
Change: +87% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,855,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$3,700,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,455,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$3,310,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,055,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$3.01M
Range $2.71M – $3.31M · ±10% · vs last sale $3.02M (Jul 10 2021)
Last sale anchor
$3.02M
Jul 10 2021
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
$359 / 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
$41,161
Tax year 2023
Assessed value
$2,114,047
Assessed 2023
Previous assessed
$1,813,583
+16.6% YoY
Effective rate
1.95%
On assessed value
Assessed land
$642,557
Assessed improvement
$1,471,490
Land market value
$642,557
Improvement market value
$1,471,490
Total market value
$2,114,047
Applied tax rate
18,982.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
8,394 SF
Lot
1.64 ac (71,316 SF)
Zoning code
MXD-OS
APN
18-42-44-23-25-001-0000
UPID
US18-8399018
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MXD-OS · Greenacres, FL
Zoning MXD-OS · permitted uses
MXD-OS · Greenacres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenacres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.6M
RESTAURANT
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Tgc Greenacres LLC
Entity
Free & Clear · 4 yrs held
Mailing address
777 S FLAGLER DR STE #221, WEST PALM BCH, FL 33401-6255
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2021
$3,015,000
Tgc Greenacres LLC
Tat De
Special Warranty Deed
—
Jul 26, 2016
—
Equitas Management Group LLC
—
Trustees Deed
related
$1,852,000 · Pinnacle Bk
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 5055 10th N Ave?
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.
