Property profile

616 Military Trl West Palm Beach, FL 33415

OFF-MARKET
Strip malls
Property ID
US18-3278225
2,560 SF 0.24 ac lot Built 1968
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1968
Construction WOOD
Total area 2,560 SF
Lot 0.24 ac (10,537 SF)
Zoning code RM
APN 00-42-43-36-06-002-0010
UPID US18-3278225

Cap rate & NOI

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

Location

616 Military Trl West Palm Beach, FL 33415-1314
West Palm Beach metro Census 980500 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
$635k
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2005
1 recorded transaction
2005
$500,000

Zoning & alternative use

RM · West Palm Beach, FL

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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