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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Retail space
522 Clematis St West Palm Beach, FL 33401-5304
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0070069
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1943
Construction
CONCRETE
Total area
6,450 SF
Lot
0.18 ac (7,719 SF)
Zoning code
CWD-CD
APN
74-43-43-21-01-024-0032
UPID
US18-0070069
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
$1.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
522 Clematis Realty LLC · 1 yrs held
522 Clematis Realty LLC
since 2024
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
CWD-CD · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $2.40M (May 27 2024)
Last sale anchor
$2.40M
May 27 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
$284 / 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
$26,982
Tax year 2023
Assessed value
$1,301,097
Assessed 2023
Previous assessed
$1,254,752
+3.7% YoY
Effective rate
2.07%
On assessed value
Assessed land
$926,160
Assessed improvement
$374,937
Land market value
$926,160
Improvement market value
$374,937
Total market value
$1,301,097
Applied tax rate
84,407.0000
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
1943
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,450 SF
Lot
0.18 ac (7,719 SF)
Zoning code
CWD-CD
APN
74-43-43-21-01-024-0032
UPID
US18-0070069
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CWD-CD · West Palm Beach, FL
Zoning CWD-CD · permitted uses
CWD-CD · 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
1943
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
522 Clematis Realty LLC
Entity
Mailing address
5853 SW 21ST ST, WEST PARK, FL 33023-3008
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$2,400,000
522 Clematis Realty LLC
Interstate Deerfield LLC
Special Warranty Deed
$54,000 · Lfp II Cr Origin LLC
Aug 28, 2015
$1,900,000
Interstate-deerfield LLC
Hofherr,susan
Grant Deed
—
Mar 1, 2007
—
Susan Hofherr
Hofherr,wolfgang
Quit Claim Deed
—
Nov 7, 1994
$235,000
Fortress L C Brick
Hanser,nettie
Warranty Deed
related
—
—
—
Wolfgang Hofherr
—
Deed Of Trust
related
$50,000 · Fidelity Federal Bank & Trust
—
—
Wolgang Hofherr
—
Deed Of Trust
related
$630,000 · Fidelity Federal Bank & Trust
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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