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Property profile & analytics
OFF-MARKET
Estimated value
$14,005,000
Office buildings
550 Heritage Dr Ste 100 Jupiter, FL 33458-3030
Entity Owned
~
Est. High Equity
Property ID
US18-2937738
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2002
Construction
CONCRETE
Total area
41,096 SF
Lot
3.38 ac (147,211 SF)
Zoning code
MXD
APN
30-42-41-24-10-002-0000
UPID
US18-2937738
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
$17.88M
Comparable Approach
Comparable
$14.62M
Blend (final)
Blend
$14.01M
Owner & transaction history
Jupiter 550 Mp Wrk7 LLC
Jupiter 550 Mp Wrk7 LLC
since 2025
1 recorded transaction
Zoning & alternative use
MXD · Jupiter, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$20.3M
+22.5%
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 Jupiter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jupiter 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%
$19,365,000
6.5%
$17,875,000
7%
$16,600,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,570,000
Current use
AUTO REPAIR, GARAGE
$20,300,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$16,385,000
Change: -1% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$16,235,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$16,200,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$15,705,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$14.01M
Range $12.60M – $15.41M · ±10%
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
$341 / 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
$218,857
Tax year 2023
Assessed value
$9,590,492
Assessed 2023
Previous assessed
$10,070,364
-4.8% YoY
Effective rate
2.28%
On assessed value
Assessed land
$3,064,933
Assessed improvement
$6,525,559
Land market value
$3,064,933
Improvement market value
$6,525,559
Total market value
$9,590,492
Applied tax rate
30,571.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
41,096 SF
Lot
3.38 ac (147,211 SF)
Zoning code
MXD
APN
30-42-41-24-10-002-0000
UPID
US18-2937738
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MXD · Jupiter, FL
Zoning MXD · permitted uses
MXD · Jupiter, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jupiter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.6M
AUTO REPAIR, GARAGE
Est. value
$20.3M
RETAIL STORES
Est. value
$16.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.2M
MEDICAL BUILDING
Est. value
$16.2M
COMMERCIAL (GENERAL)
Est. value
$15.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2002
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
3.38 ac
Current owner
From public records · entity-resolved
Jupiter 550 Mp Wrk7 LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
—
Jupiter 550 Mp Wrk7 LLC
Welltower Om Group LLC
Special Warranty Deed
$360,281,750 · Capital One NA
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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