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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Retail space
540 Main St Pahokee, FL 33476-1402
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-7688683
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
STEEL FRAME
Total area
9,173 SF
Lot
0.91 ac (39,535 SF)
Zoning code
CORE
APN
48-37-42-17-02-002-0010
UPID
US18-7688683
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
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
$2.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Consulting Re LLC · 3 yrs held
Consulting Re LLC
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
CORE · Pahokee, 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 Pahokee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pahokee 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
$2,300,000
ML approach
$2,420,000
CAP Approach
CAP Return
Estimation
6%
$2,585,000
6.5%
$2,385,000
7%
$2,215,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,660,000
Current use
OFFICE BUILDING
$3,640,000
Change: -1% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,625,000
Change: -1% · Conversion: Moderate
MEDICAL BUILDING
$3,615,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.40M (Oct 31 2022)
Last sale anchor
$2.40M
Oct 31 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
$262 / 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
$37,484
Tax year 2023
Assessed value
$1,545,287
Assessed 2023
Previous assessed
$1,409,887
+9.6% YoY
Effective rate
2.43%
On assessed value
Assessed land
$237,204
Assessed improvement
$1,308,083
Land market value
$237,204
Improvement market value
$1,308,083
Total market value
$1,545,287
Applied tax rate
48,486.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2014
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
9,173 SF
Lot
0.91 ac (39,535 SF)
Zoning code
CORE
APN
48-37-42-17-02-002-0010
UPID
US18-7688683
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CORE · Pahokee, FL
Zoning CORE · permitted uses
CORE · Pahokee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pahokee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.6M
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Consulting Re LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4401 GULF SHR BLVD N UNIT #802, NAPLES, FL 34103-3419
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
$2,400,000
Consulting Re LLC
Nicolae Ionescu
Warranty Deed
—
Oct 31, 2022
—
Consulting Re LLC
Nicolae Ionescu
Correction Deed
related
—
Jun 14, 2019
$1,994,300
Nicolae Ionescu
Dg Investments V LLC
Grant Deed
$1,375,000 · Branch Bk&tr
Sep 19, 2014
$1,906,837
Dg Investments V LLC
Concept Development LLC
Special Warranty Deed
$1,334,785 · Franklin Synergy Bank
Sep 25, 2013
$213,450
Concept Dev LLC
Sasser,james P
Warranty Deed
—
Sep 30, 2008
—
Sasser,james P
Hamilton,raymon M
Warranty Deed
—
Sep 21, 2006
—
Sasser,james P
Sasser,james P
Quit Claim Deed
related
—
—
—
Concept Dev LLC
—
Loan Modification
related
$3,000,000 · Heritagebank Of The South
—
—
James P Sasser
—
Loan Modification
related
$58,912 · Bank Of Belle Glade
—
—
Sasser,james P
—
Deed Of Trust
related
$302,205 · Bank Of Belle Glade
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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