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Property profile & analytics
OFF-MARKET
Estimated value
$9,310,000
Grocery and convenience stores
5300 45th St, West Palm Beach, FL 33407-1608
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3024340
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1985
Construction
CONCRETE
Total area
6,000 SF
Lot
0.88 ac (38,359 SF)
Zoning code
NC
APN
74-42-43-01-01-000-0082
UPID
US18-3024340
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
-
Western Union Bank Credit Union
-
My Way Deli Food Market Restaurant
-
7 eleven Grocery & Convenience Store
-
Pali Wireless Mobile Phone Store Electronics & Wireless Store
-
Quik Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.31M
Owner & transaction history
Mtl Jamie LLC · 4 yrs held
Mtl Jamie LLC
since 2022
Last sale
$8.9M
6 recorded transactions
Zoning & alternative use
NC · 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
$9,670,000
ML approach
$9,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.31M
Range $8.38M – $10.24M · ±10% · vs last sale $8.89M (Jun 30 2022)
Last sale anchor
$8.89M
Jun 30 2022
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
$1,552 / 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
$48,161
Tax year 2023
Assessed value
$1,962,826
Assessed 2023
Previous assessed
$1,621,467
+21.1% YoY
Effective rate
2.45%
On assessed value
Assessed land
$997,360
Assessed improvement
$965,466
Land market value
$997,360
Improvement market value
$965,466
Total market value
$1,962,826
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Total area
6,000 SF
Lot
0.88 ac (38,359 SF)
Zoning code
NC
APN
74-42-43-01-01-000-0082
UPID
US18-3024340
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NC · West Palm Beach, FL
Zoning NC · permitted uses
NC · 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
1985
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Lot
0.88 ac
Current owner
From public records · entity-resolved
Mtl Jamie LLC
Entity
Mailing address
9777 VITRAIL LN, DELRAY BEACH, FL 33446-3815
Ownership since
2022
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
Jun 30, 2022
$8,889,750
Mtl Jamie LLC
41524 Wpb Haverhill LLC
Special Warranty Deed
$2,670,000 · Texasbank
Mar 4, 2021
$3,100,000
41524 Wpb Haverhill Co LLC
Gausia Trading Corporation
Special Warranty Deed
—
Jul 6, 2004
$1,390,000
Gausia Trading Corp
Zedi Ent INC
Warranty Deed
$1,000,000 · Independent Community Bank
Jan 14, 2000
$655,000
Trico Realty INC
Cumberland Farms INC
Grant Deed
$650,000 · Peninsula Bank
—
—
Zedi Enterprise INC
—
Deed Of Trust
related
$650,000 · Amerada Hess Corp
—
—
Gausia Trading Corp
—
Deed Of Trust
related
$250,000 · Independent Community 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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