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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Industrial properties
5815 Georgia Ave West Palm Beach, FL 33405-3713
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-1271826
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1961
Construction
CONCRETE
Total area
5,100 SF
Lot
0.24 ac (10,350 SF)
Zoning code
IL
APN
74-43-44-04-15-000-1300
UPID
US18-1271826
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
Current use
Occupant on record · Public records
-
NuLite Sliding Doors & Windows General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Warehomes Wpb LLC · 10 yrs held
Warehomes Wpb LLC
since 2015
6 recorded transactions
Zoning & alternative use
IL · West Palm Beach, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$159 / 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
$12,903
Tax year 2023
Assessed value
$726,095
Assessed 2023
Previous assessed
$488,427
+48.7% YoY
Effective rate
1.78%
On assessed value
Assessed land
$331,168
Assessed improvement
$394,927
Land market value
$331,168
Improvement market value
$394,927
Total market value
$726,095
Applied tax rate
74,982.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,100 SF
Lot
0.24 ac (10,350 SF)
Zoning code
IL
APN
74-43-44-04-15-000-1300
UPID
US18-1271826
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IL · West Palm Beach, FL
Zoning IL · permitted uses
IL · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Warehomes Wpb LLC
Entity
Free & Clear · 10 yrs held
Mailing address
19790 W DIXIE HWY PH #1, AVENTURA, FL 33180-2695
Ownership since
2015
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
Jun 16, 2016
—
Warehomes Wpb LLC
—
Deed
related
$365,000 · Marquis Bk
Dec 18, 2015
$495,550
Warehomes Wpb LLC
Kelly,donald T
Warranty Deed
—
Jan 16, 2015
—
Donald T Kelly
Harden Properties LLC
Deed In Lieu Of Foreclosure
related
—
Dec 28, 2006
—
Harden Properties LLC
Harden Properties LLC
Quit Claim Deed
related
$500,000 · Donald T Kelly
Jul 3, 2002
$325,000
Harden Properties LLC
Sperber,morris
Grant Deed
$295,000 · Morris Sperber
—
—
Warehomes Wpb LLC
—
Deed Of Trust
related
$365,000 · Marquis Bk
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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