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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Showrooms
5450 10th N Ave, Greenacres, FL 33463-2057
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2509273
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Construction
CONCRETE
Total area
10,800 SF
Lot
0.6 ac (26,010 SF)
Zoning code
MXD-OS
APN
18-42-44-23-01-044-0130
UPID
US18-2509273
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
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.24M
Owner & transaction history
5450 Greenacres LLC · 3 yrs held
5450 Greenacres LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
MXD-OS · Greenacres, 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 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
Method
Estimation
Statistic approach
$1,265,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.25M (Sep 22 2022)
Last sale anchor
$1.25M
Sep 22 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
$115 / 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
$20,327
Tax year 2023
Assessed value
$1,239,779
Assessed 2023
Previous assessed
$1,099,339
+12.8% YoY
Effective rate
1.64%
On assessed value
Assessed land
$234,332
Assessed improvement
$1,005,447
Land market value
$234,332
Improvement market value
$1,005,447
Total market value
$1,239,779
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
10,800 SF
Lot
0.6 ac (26,010 SF)
Zoning code
MXD-OS
APN
18-42-44-23-01-044-0130
UPID
US18-2509273
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MXD-OS · Greenacres, FL
Zoning 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
Greenacres. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
5450 Greenacres LLC
Entity
Mailing address
5450 10TH AVE N, GREENACRES, FL 33463-2057
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
$1,250,000
5450 Greenacres LLC
Progreen Services LLC
Warranty Deed
$1,250,000 · M & T Bank
Jun 27, 2019
$1,250,000
Progreen Services LLC
Macaw Hldgs Vii LLC
Warranty Deed
$1,176,000 · Bankunited Fsb
Dec 17, 2010
$225,000
Macaw Holdings Vii LLC
Greenacres Warehouse LLC
Deed In Lieu Of Foreclosure
related
—
Dec 8, 2008
$1,458,000
Greenacres Warehouse LLC
Macaw Holdings Vii LLC
Warranty Deed
$1,353,840 · Macaw Holdings Vii LLC
May 18, 2007
—
Macaw Holdings Vii LLC
847 13th Court LLC
Quit Claim Deed
related
—
May 7, 2007
$1,005,480
847 13th Court LLC
Star Associates INC
Warranty Deed
$770,000 · Regions Bank
—
—
Macaw Holdings Vii LLC
—
Deed Of Trust
related
$751,142 · Regions 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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