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Property profile & analytics
OFF-MARKET
Estimated value
$4,795,000
Showrooms
6545 Wallis Rd, West Palm Beach, FL 33413-1788
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-3840034
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2005
Construction
STEEL FRAME
Total area
41,726 SF
Lot
4.44 ac (193,498 SF)
Zoning code
IL
APN
00-42-43-27-05-005-1520
UPID
US18-3840034
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
-
Total Truck Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.80M
Owner & transaction history
Murray Logan · 20 yrs held
Murray Logan
since 2005
7 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
$115 / 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
$91,167
Tax year 2023
Assessed value
$5,612,752
Assessed 2023
Previous assessed
$4,487,481
+25.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$2,117,850
Assessed improvement
$3,494,902
Land market value
$2,117,850
Improvement market value
$3,494,902
Total market value
$5,612,752
Applied tax rate
192.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
41,726 SF
Lot
4.44 ac (193,498 SF)
Zoning code
IL
APN
00-42-43-27-05-005-1520
UPID
US18-3840034
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
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.44 ac
Current owner
From public records · entity-resolved
Murray Logan
Individual
Mailing address
6545 WALLIS RD, WEST PALM BEACH, FL 33413-1788
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Dec 30, 2025
—
Total Truck Parts INC
—
Deed
related
$2,150,000 · Seacoast National Bank
Jul 6, 2020
—
Total Truck Parts INC
—
Deed
related
$2,400,000 · Pnc Bank NA
Feb 26, 2008
—
Total Truck Parts INC
—
Deed Of Trust
related
$1,650,000 · Bankatlantic Fsb
Nov 15, 2005
—
Murray Logan
Total Truck Parts INC
Grant Deed
related
—
—
—
Total Truck Parts INC
—
Deed Of Trust
related
$500,000 · Bankatlantic Fsb
—
—
Total Truck Parts INC
—
Deed Of Trust
related
$500,000 · Bankatlantic Fsb
—
—
Karon Ents INC
—
Deed Of Trust
related
$254,000 · Bank Of America
—
—
Total Truck Parts INC
—
Deed Of Trust
related
$1,920,000 · Bank Of America
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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