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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Auto shops
5700 Royal Palm Blvd Margate, FL 33063-2242
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4860714
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1972
Construction
CONCRETE
Total area
4,600 SF
Lot
0.5 ac (21,928 SF)
Zoning code
TOC-G
APN
48-41-25-07-0660
UPID
US18-4860714
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
$1.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Grg Properties INC · 2 yrs held
Grg Properties INC
since 2023
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
TOC-G · Margate, 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 Margate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Margate 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
$1,945,000
ML approach
$1,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,005,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10% · vs last sale $1.85M (Aug 31 2023)
Last sale anchor
$1.85M
Aug 31 2023
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
$411 / 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
$23,161
Tax year 2023
Assessed value
$988,930
Assessed 2023
Previous assessed
$988,930
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$202,820
Assessed improvement
$786,110
Land market value
$202,820
Improvement market value
$786,110
Total market value
$988,930
Applied tax rate
1,212.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
4,600 SF
Lot
0.5 ac (21,928 SF)
Zoning code
TOC-G
APN
48-41-25-07-0660
UPID
US18-4860714
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC-G · Margate, FL
Zoning TOC-G · permitted uses
TOC-G · Margate, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Margate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Grg Properties INC
Entity
Free & Clear · 2 yrs held
Mailing address
4316 TROON LN, BOYNTON BEACH, FL 33436-4910
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
$1,850,000
Grg Properties INC
E&m 5700rp LLC
Warranty Deed
—
Mar 11, 2021
$1,100,000
E&m 5700rp LLC
Superior Auto Tire Services INC
Special Warranty Deed
—
Mar 29, 2019
$1,500,000
Superior Auto Tire Svcs INC
Monro Muffler Brake INC
Grant Deed
$1,510,000 · Private Individual
Aug 8, 2014
$624,500
Monro Mudler Brake INC
Hennelly Holdings Margate LLC
Grant Deed
—
Jun 12, 2014
$725,000
Hennelly Holdings Margate LLC
Stafford,leona F
Warranty Deed
$913,750 · Branch Bk&tr
Jan 30, 2013
—
Leona F Stafford
Starrord Rayford L
Quit Claim Deed
related
—
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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