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Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Banks
5200 Atlantic Ave Delray Beach, FL 33484-8133
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-0966336
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1977
Construction
CONCRETE
Total area
4,479 SF
Lot
1.78 ac (77,537 SF)
Zoning code
GC
APN
12-42-46-14-00-000-5340
UPID
US18-0966336
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
-
SunTrust Mortgage Loan Service Bank
-
SunTrust ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$2.83M
Owner & transaction history
5200 W Atlantic LLC · 4 yrs held
5200 W Atlantic LLC
since 2021
Last sale
$2.9M
1 recorded transaction
Zoning & alternative use
GC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Commercial (GC) District provides basic regulations for small parcels which are best suited for general retail and office uses. In addition, this district has regulations in the Four Corners Overlay District that encourages mixed use development that may include retail, office, and multi-family uses. The GC designation is applied to small parcels…
Zone name
General Commercial
General category
MIXED_USE
Zone area
124.23 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$4.1M
+175.8%
Retail stores
$4.0M
+170.1%
Commercial (general)
$3.2M
+119.9%
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray 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
$2,800,000
ML approach
$2,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,070,000
Change: +176% · Conversion: Difficult
RETAIL STORES
$3,985,000
Change: +170% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,245,000
Change: +120% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,210,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$2,110,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$1,765,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±10% · vs last sale $2.88M (Aug 3 2021)
Last sale anchor
$2.88M
Aug 3 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
$632 / 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
$52,442
Tax year 2023
Assessed value
$2,656,983
Assessed 2023
Previous assessed
$2,571,117
+3.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$2,093,472
Assessed improvement
$563,511
Land market value
$2,093,472
Improvement market value
$563,511
Total market value
$2,656,983
Applied tax rate
12,985.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,479 SF
Lot
1.78 ac (77,537 SF)
Zoning code
GC
APN
12-42-46-14-00-000-5340
UPID
US18-0966336
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
GC · Delray Beach, FLZoning GC · permitted uses
GC · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The General Commercial (GC) District provides basic regulations for small parcels which are best suited for general retail and office uses. In addition, this district has regulations in the Four Corners Overlay District that encourages mixed use development that may include retail, office, and multi-family uses. The GC designation is applied to small parcels, most of which are developed, where adherence to standard regulations is most appropriate
Zone name
General Commercial
General category
MIXED_USE
Zone area
124.23 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
RETAIL STORES
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
5200 W Atlantic LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8910 2ND NOTCH RD, COLUMBIA, SC 29223-6366
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
$2,875,000
5200 W Atlantic LLC
Truist Bank
Special Warranty Deed
—
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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