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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Self service car washes
5701 Broadway West Palm Beach, FL 33407-2550
Trust Owned
2-yr Hold
Free & Clear
Property ID
US19-0773175
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
1981
Construction
CONCRETE
Total area
2,266 SF
Lot
0.43 ac (18,857 SF)
Zoning code
BMUD- II
APN
74-43-43-04-08-064-0010
UPID
US19-0773175
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
$815k
Owner & transaction history
Florida Land Trust Services LLC · 2 yrs held
Florida Land Trust Services LLC
since 2024
Last sale
$850,596
7 recorded transactions
Zoning & alternative use
BMUD- II · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+5.2%
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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm Beach 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,165,000
Current use
MEDICAL BUILDING
$1,225,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$970,000
Change: -17% · Conversion: Moderate
RETAIL STORES
$940,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $851k (Jul 18 2024)
Last sale anchor
$851k
Jul 18 2024
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
$360 / 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
$5,027
Tax year 2023
Assessed value
$313,580
Assessed 2023
Previous assessed
$253,434
+23.7% YoY
Effective rate
1.60%
On assessed value
Assessed land
$188,550
Assessed improvement
$125,030
Land market value
$188,550
Improvement market value
$125,030
Total market value
$313,580
Applied tax rate
74,407.0000
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
2,266 SF
Lot
0.43 ac (18,857 SF)
Zoning code
BMUD- II
APN
74-43-43-04-08-064-0010
UPID
US19-0773175
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BMUD- II · West Palm Beach, FLZoning BMUD- II · permitted uses
BMUD- II · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$970,000
RETAIL STORES
Est. value
$940,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1981
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Florida Land Trust Services LLC
Trust
Free & Clear · 2 yrs held
Mailing address
119 N SWINTON AVE, DELRAY BEACH, FL 33444-2633
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
—
Florida Land Trust Services LLC
Arsali LLC
Intrafamily Transfer
related
—
Oct 29, 2019
$100
5701 Broadway Land Trust
Engineering Southern
Grant Deed
—
Oct 31, 2017
—
Southern Engineering & Const L
Southern Engineering & Const L
Quit Claim Deed
related
—
Sep 7, 2010
$140,000
Engineering Southern
Legacy Bk Of Fl
Grant Deed
—
Oct 29, 2009
—
Legacy Bk Of Fl
Miller,keith F & Gretchen A Coc
Trustees Deed
related
—
Jul 3, 2008
—
Keith F Miller
—
Trustees Deed
related
$600,000 · Legacy Bank Florida
Jun 12, 2006
$800,000
Keith F Miller
Harrington,vera
Warranty Deed
$600,000 · Legacy Bank
—
—
John A Moecher
—
Deed Of Trust
related
$150,000 · First Alliance Bank Fsb
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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