Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
545 Broward Ave Greenacres, FL 33463-2003
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-0230607
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.15 ac (6,504 SF)
Zoning code
MXD-OS
APN
18-42-44-23-01-020-0210
UPID
US18-0230607
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Green House Bazaar INC · 11 yrs held
Green House Bazaar INC
since 2015
5 recorded transactions
Zoning & alternative use
MXD-OS · Greenacres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The mixed use development-original section (MXD-OS) district is intended to provide a mix of commercial and residential uses to be located along 10th Avenue North, between Haverhill Road and the Lake Worth Drainage District E-3 Canal, that will serve the residents of the original section of the city, as well as provide for specific commercial uses with minim…
Zone name
Mixed Development Original Section
General category
MIXED_USE
Zone area
17.00 ac
Source
Realmo
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 Greenacres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenacres 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
$1,278
Tax year 2023
Assessed value
$64,300
Assessed 2023
Previous assessed
$61,200
+5.1% YoY
Effective rate
1.99%
On assessed value
Assessed land
$64,300
Land market value
$64,300
Total market value
$64,300
Applied tax rate
18,982.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.15 ac (6,504 SF)
Zoning code
MXD-OS
APN
18-42-44-23-01-020-0210
UPID
US18-0230607
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MXD-OS · Greenacres, FLZoning MXD-OS · permitted uses
MXD-OS · Greenacres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The mixed use development-original section (MXD-OS) district is intended to provide a mix of commercial and residential uses to be located along 10th Avenue North, between Haverhill Road and the Lake Worth Drainage District E-3 Canal, that will serve the residents of the original section of the city, as well as provide for specific commercial uses with minimal adverse impacts to serve a greater area. The district is not intended for use by major or large scale commercial or service concerns. Professional and business offices and service establishments and uses that specifically address the needs of surrounding residents are encouraged. Orientation to, and compatibility with, the neighborhoods to be served are critical.
Zone name
Mixed Development Original Section
General category
MIXED_USE
Zone area
17.00 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Green House Bazaar INC
Entity
Free & Clear · 11 yrs held
Mailing address
5100 10TH AVE N, GREENACRES, FL 33463-2044
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2015
$70,000
Green House Bazaar INC
Reichard John P III
Warranty Deed
—
Nov 3, 2014
$25,000
John P Reichard III
Napoli,edward R
Grant Deed
—
Feb 22, 2006
—
Edward R Napoli
Napoli,edward A
Quit Claim Deed
related
—
Feb 7, 2006
$225,000
Edward A Napoli
Napoli,edward R
Warranty Deed
related
$180,000 · Peoples Choice Home Loan INC
—
—
Green House Bazaar INC
—
Deed Of Trust
related
$120,000 · Gerardo Alcebo
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 545 Broward Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
