Property profile

606 2nd St West Palm Beach, FL 33401

OFF-MARKET
Commercial land
Property ID
US18-7477315
0.32 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.32 ac (14,048 SF)
Zoning code QBD-5
APN 74-43-43-21-01-027-0010
UPID US18-7477315

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

606 2nd St West Palm Beach, FL 33401-4504
West Palm Beach metro Census 2400 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.84M

Owner & transaction history

since 2022
Last sale
$5.5M
6 recorded transactions
2022
$5.5M
2005
$3.0M
2001
$300,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

QBD-5 · West Palm Beach, FL
Zoning description

The Quadrille business district is intended to be the main office core for downtown, and a link between the city two main retail centers cityPlace and Clematis Street, it includes the greatest capacity for commercial dev…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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