Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Grocery and convenience stores
590 State Rd 7th 7 Royal Palm Beach, FL 33411-3523
Entity Owned
17-yr Hold
Free & Clear
Property ID
US18-4989585
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
CONCRETE
Total area
2,370 SF
Lot
1 ac (43,442 SF)
Zoning code
CG
APN
72-42-43-31-06-002-0000
UPID
US18-4989585
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
$575k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$625k
Owner & transaction history
Dolphin Stations LLC · 17 yrs held
Dolphin Stations LLC
since 2009
2 recorded transactions
Zoning & alternative use
CG · Royal Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$985,000
+41.0%
Commercial (general)
$835,000
+19.5%
Office building
$745,000
+7.0%
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 Royal Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal 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
$575,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$545,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Current use
RETAIL STORES
$985,000
Change: +41% · Conversion: Easy
COMMERCIAL (GENERAL)
$835,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$745,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$264 / 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
$34,149
Tax year 2023
Assessed value
$1,706,329
Assessed 2023
Previous assessed
$1,664,863
+2.5% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,064,354
Assessed improvement
$641,975
Land market value
$1,064,354
Improvement market value
$641,975
Total market value
$1,706,329
Applied tax rate
72,486.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
6
Total area
2,370 SF
Lot
1 ac (43,442 SF)
Zoning code
CG
APN
72-42-43-31-06-002-0000
UPID
US18-4989585
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Royal Palm Beach, FL
Zoning CG · permitted uses
CG · Royal Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Royal Palm Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$700,000
RETAIL STORES
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$835,000
OFFICE BUILDING
Est. value
$745,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
1 ac
Current owner
From public records · entity-resolved
Dolphin Stations LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1201 OAKFIELD DR, BRANDON, FL 33511-4928
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2009
$2,000,000
Dolphin Stations LLC
Bp Products North America INC
Quit Claim Deed
related
—
Dec 3, 1999
$700,000
Amoco Oil Co
Fairgrounds Associates Ltd
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 590 State Rd 7th 7?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
