Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,515,000
Office buildings
630 Us Hwy 1st 100 North Palm Beach, FL 33408-4625
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1798832
Property summary
AI-generated overview
This exceptional 23,200 square foot office building in North Palm Beach, Florida (33408), offers a highly attractive single-tenant office suite available for lease. Situated on US Highway 1, this recently renovated building boasts a modern design and prime visibility. The ground floor suite offers flexible space ranging from 2,000 to 4,000 square feet, potentially divisible into two separate suites to accommodate specific tenant needs. A welcoming double-door entry leads to a modern lobby and reception area. First-floor common areas include two restrooms, a men's locker room with shower, and a women's locker room with shower. The north side of the suite features approximately 2,000 square feet of open space with two entrances and an administrative/reception area. The south side offers approximately 2,000 square feet of open space with three entrances. The property's APN is 68434209010730010 and is zoned CA(cit). This is an unparalleled opportunity to secure a prominent office presence in a thriving North Palm Beach location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1975
Construction
CONCRETE
Total area
23,200 SF
Lot
0.86 ac (37,379 SF)
Zoning code
C-MU
APN
68-43-42-09-01-073-0010
UPID
US18-1798832
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
$5.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.79M
Blend (final)
Blend
$6.52M
Owner & transaction history
North Palm Commercial Properties Ll · 2 yrs held
North Palm Commercial Properties Ll
since 2023
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
C-MU · North Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$9.7M
+18.3%
Retail stores
$9.6M
+17.6%
Warehouse, storage
$9.2M
+12.7%
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 North Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$6,195,000
ML approach
$5,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,190,000
Current use
INDUSTRIAL (GENERAL)
$9,685,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$9,625,000
Change: +18% · Conversion: Moderate
WAREHOUSE, STORAGE
$9,225,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$6.52M
Range $5.86M – $7.17M · ±10% · vs last sale $6.95M (Aug 29 2023)
Last sale anchor
$6.95M
Aug 29 2023
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
$281 / 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
$101,636
Tax year 2023
Assessed value
$4,981,630
Assessed 2023
Previous assessed
$4,649,230
+7.1% YoY
Effective rate
2.04%
On assessed value
Assessed land
$603,313
Assessed improvement
$4,378,317
Land market value
$603,313
Improvement market value
$4,378,317
Total market value
$4,981,630
Applied tax rate
68,401.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
4
Total area
23,200 SF
Lot
0.86 ac (37,379 SF)
Zoning code
C-MU
APN
68-43-42-09-01-073-0010
UPID
US18-1798832
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-MU · North Palm Beach, FL
Zoning C-MU · permitted uses
C-MU · North Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Palm Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.2M
INDUSTRIAL (GENERAL)
Est. value
$9.7M
RETAIL STORES
Est. value
$9.6M
WAREHOUSE, STORAGE
Est. value
$9.2M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Lot
0.86 ac
Current owner
From public records · entity-resolved
North Palm Commercial Properties Ll
Entity
Mailing address
630 US HWY 1ST 1, NORTH PALM BEACH, FL 33408-4606
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Aug 29, 2023
$6,950,000
North Palm Commercial Properties Ll
630 Us One LLC
Warranty Deed
$5,560,000 · South State Bank NA
Oct 18, 2021
$4,500,000
630 Us One LLC
630 Npb LLC
Warranty Deed
$5,000,000 · Fountainhead Sbf LLC
Sep 13, 2017
—
Serenity Props Of Palm Bch LLC
—
Grant Deed
related
$4,900,000 · Harel Ff LP
Dec 16, 2013
$1,174,278
630 Npb LLC
5kas Partners LLC
Grant Deed
—
Apr 25, 2013
—
A Essell Marketing Unlimited I
5 Kas Partners LLC
Grant Deed
related
—
May 3, 2011
$700,000
5kas Partners LLC
Ocean Club Associates INC
Warranty Deed
$420,000 · The Northern Trust Co
Aug 26, 2004
$4,480,000
Ocean Club Associates INC
Scharfe,thomas & Angelika
Warranty Deed
$2,600,000 · Eagle National Bank Of Miami
—
—
Family Health LLC|549 Kalmia Drive LLC Etal
—
Loan Modification
related
$11,025,000 · Seaside Nat'l Bk&tr
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 630 Us Hwy 1st, Unit 100?
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.
