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Property profile & analytics
OFF-MARKET
Retail space
5209 Broadway West Palm Beach, FL 33407-2701
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-7141378
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
WOOD
Total area
220 SF
Lot
0.22 ac (9,487 SF)
Zoning code
BMUD- II
APN
74-43-43-04-08-059-0010
UPID
US18-7141378
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
-
Palmbeach Produce Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jp Auto Repairs INC · 4 yrs held
Jp Auto Repairs INC
since 2021
Last sale
$325,000
7 recorded transactions
Zoning & alternative use
BMUD- II · West Palm 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,070
Tax year 2023
Assessed value
$240,040
Assessed 2023
Previous assessed
$257,665
-6.8% YoY
Effective rate
2.11%
On assessed value
Assessed land
$94,860
Assessed improvement
$145,180
Land market value
$94,860
Improvement market value
$145,180
Total market value
$240,040
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
220 SF
Lot
0.22 ac (9,487 SF)
Zoning code
BMUD- II
APN
74-43-43-04-08-059-0010
UPID
US18-7141378
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BMUD- II · West Palm Beach, FL
Zoning BMUD- II · permitted uses
BMUD- II · 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.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Jp Auto Repairs INC
Entity
Mailing address
4574 DYER BLVD, WEST PALM BEACH, FL 33407-1035
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$325,000
Jp Auto Repairs INC
Broadway 5209 LLC
Warranty Deed
$276,200 · Harvest Small Business Finance LLC
Nov 5, 2014
$47,000
Broadway 5209 LLC
Bayview Ln Svcg LLC
Grant Deed
—
Oct 29, 2014
$47,000
Broadway 5209 LLC
Bayview Ln Svcg LLC
Grant Deed
—
Jul 16, 2014
$176,493
Bayview Ln Svcg LLC
Khan Brothers LLC
Warranty Deed
—
Jun 29, 2006
$420,000
Khan Brothers LLC
Mohsen Hosseini
Warranty Deed
$294,000 · Silver Hill Financial LLC
May 18, 2005
—
Mohsen Hosseini
Caspian Food & Produce INC
Quit Claim Deed
related
—
Sep 2, 2003
$127,000
Caspian Food & Produce INC
Warraiat,omar
Grant Deed
—
Oct 10, 2000
$90,000
Omar Warraiat
Moore,ethan D & Elizabeth T
Grant Deed
$63,000 · First Union National Bank
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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