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Financial
Distress signals
Property profile

551 N State Road 7 Royal Palm Beach, FL 33411

FOR LEASE
Strip malls
Property ID
US18-3430872
8,448 SF 0.78 ac lot Built 2004
Last sale Apr 2016 · $2,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space located along State Road 441, just north of Southern Boulevard, in Royal Palm Beach, Florida, within a multi-tenant outparcel retail strip known as the Commons at Royal Palm. The site provides direct frontage on SR 441 and is part of a shopping center environment with a range of national retail tenants, including Hobby Lobby, Party City, Big Lots, PetSmart, Dollar Tree, and Starbucks.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$2.26M
Assessed land$1.10M
Assessed improvement$1.16M
Effective rate1.92%

Value estimate

· Oct 2026
$2.10M
$1.89M – $2.31M
CAP approach$2.10M
Submarket $/SF estimate$2.46M
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$7k
Operating expenses−$21k
NOI · 166,273.33% cap applied$50k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$294/SF
Submarket average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$198 – $417

Cap rate analysis

How does the asset earn?
166,273.33%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
The purpose and intent of this district is to provide for a variety of general retailing and personal service commercial activities in ce...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.1
Parking Facility11.6
Pharmacy10.8

Location

551 N State Road 7 Royal Palm Beach, FL 33411
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8480 Okeechobee, West Palm Beach, FL 33411-1926 $6,500,000 Jul 2021 13,801 SF
1760 Jog, West Palm Beach, FL 33411-2506 $4,850,000 Jul 2019 17,731 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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