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Property profile & analytics
OFF-MARKET
Estimated value
$3,325,000
Showrooms
5205 Tylerlakes Blvd Riviera Beach, FL 33407-7009
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-6001142
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Construction
CONCRETE
Total area
12,376 SF
Lot
1.53 ac (66,516 SF)
Zoning code
IPD
APN
74-42-43-02-07-000-0040
UPID
US18-6001142
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
$2.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.33M
Owner & transaction history
Sbl Ig 5205 LLC · 1 yrs held
Sbl Ig 5205 LLC
since 2024
Last sale
$4.2M
3 recorded transactions
Zoning & alternative use
IPD · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Riviera Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riviera 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,130,000
6.5%
$2,890,000
7%
$2,685,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,290,000
Current use
INDUSTRIAL (GENERAL)
$5,165,000
Change: -2% · Conversion: Moderate
RETAIL STORES
$5,135,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$4,745,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.33M
Range $2.99M – $3.66M · ±10% · vs last sale $4.23M (May 9 2024)
Last sale anchor
$4.23M
May 9 2024
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
$269 / 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
$41,556
Tax year 2023
Assessed value
$1,987,654
Assessed 2023
Previous assessed
$1,792,903
+10.9% YoY
Effective rate
2.09%
On assessed value
Assessed land
$679,128
Assessed improvement
$1,308,526
Land market value
$679,128
Improvement market value
$1,308,526
Total market value
$1,987,654
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,376 SF
Lot
1.53 ac (66,516 SF)
Zoning code
IPD
APN
74-42-43-02-07-000-0040
UPID
US18-6001142
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IPD · Riviera Beach, FLZoning IPD · permitted uses
IPD · Riviera Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
RETAIL STORES
Est. value
$5.1M
WAREHOUSE, STORAGE
Est. value
$4.7M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (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
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Sbl Ig 5205 LLC
Entity
Mailing address
1207 TONNELLE AVE S STE #2, NORTH BERGEN, NJ 07047-1518
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
$4,225,000
Sbl Ig 5205 LLC
Dgfl LLC
Warranty Deed
—
Jun 17, 2014
$1,100,000
Dgfl LLC
J-bar-j LLC
Warranty Deed
—
Jul 27, 2009
—
J-bar-j LLC
—
Trustees Deed
related
$698,584 · Tufo James J Trust (tr)
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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