6588 Military Trl Riviera Beach, FL 33407
Entity Owned
~
Est. High Equity
Estimated value (blended)
$1.87M
Range $1.68M – $2.06M (±10%)
Property ID
US18-0084460
Property summary
AI-generated overview
This freestanding single-tenant flex building in West Palm Beach, Florida offers 19,270 square feet of versatile space ideal for a variety of commercial uses. Situated on a 60,980 square foot lot at 6588 N Military Trl, 33407, this property boasts exceptional visibility with 35,500 cars passing daily. The space is divided into 4,470 square feet of retail showroom area and 14,800 square feet of storage, previously used as a national mattress retailer. The property enjoys easy access to major thoroughfares and is zoned Commercial General ("CG"), permitting a wide range of retail and commercial uses (industrial and residential uses are excluded). The APN is 56-42-42-36-22-000-0070 in Palm Beach County. This prime location and flexible space present a unique opportunity for businesses seeking high visibility and ample space. The property's previous use as a retail showroom and storage facility makes it well-suited for similar businesses or those requiring a combination of retail and storage space. The high traffic count on Military Trail ensures significant exposure for your business.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Construction
STEEL FRAME
Total area
19,270 SF
Lot
1.4 ac (60,980 SF)
Zoning code
CG
APN
56-42-42-36-22-000-0070
UPID
US18-0084460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.87M
Owner & transaction history
since 2025
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
CG · Riviera Beach, FL
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.87M
Value range
$1.68M – $2.06M
±10% around blend
Estimated value / SF
$97 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
$1.68M
blend $1.87M
$2.06M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,270 SF
Lot area
1.4 ac
Year built
1986
Stories
1
APN
56-42-42-36-22-000-0070
Assessed value
$2,075,000
Annual tax
$45,891
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.50M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.88M
@ 6.5% CAP return
$4.50M
@ 7% CAP return
$4.18M
4
Sales comparison
Partial preview
Sales approach indication
$4.75M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.0 mi away · 22,377 SF
2.4 mi away · 13,745 SF
2.6 mi away · 18,762 SF
21.3 mi away · 21,005 SF
21.5 mi away · 14,700 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.87M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 72 sales
$427
-77%
Submarket 370 sales
$389
-75%
County 866 sales
$470
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $97/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.75M
Move the market yield to see immediate price impact.
Value / SF
$194
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$236k
$4.72M
$3.37M
$2.62M
$262k
$5.25M
$3.75M
$2.92M
$289k
$5.77M
$4.12M
$3.21M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$3.00M
0.2 mi · Oct 2025 · $196/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,891
Tax year 2023
Assessed value
$2,075,000
Assessed 2023
Previous assessed
$1,800,000
+15.3% YoY
Effective rate
2.21%
On assessed value
Assessed improvement
$2,075,000
Improvement market value
$2,075,000
Total market value
$2,075,000
Applied tax rate
56,407.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
19,270 SF
Lot
1.4 ac (60,980 SF)
Zoning code
CG
APN
56-42-42-36-22-000-0070
UPID
US18-0084460
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Riviera Beach, FLZoning CG · permitted uses
CG · Riviera Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CG
COMMERCIAL
Jurisdiction
Riviera Beach, FL
Recorded code
CG
Official district
CG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Riviera Beach, FL.
What opens after registration
Zoning profile
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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