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Property profile & analytics
OFF-MARKET
Estimated value
$4,170,000
Car washes
707 Northlake Blvd North Palm Beach, FL 33408-5207
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2736690
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2006
Construction
WOOD
Total area
3,289 SF
Lot
0.61 ac (26,702 SF)
Zoning code
C-NB
APN
68-43-42-16-04-037-0080
UPID
US18-2736690
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
$4.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$4.17M
Owner & transaction history
Wash & Shine Car Wash LLC · 4 yrs held
Wash & Shine Car Wash LLC
since 2022
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
C-NB · North 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 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
$4,075,000
ML approach
$4,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.17M
Range $3.75M – $4.59M · ±10% · vs last sale $4.25M (Feb 2 2022)
Last sale anchor
$4.25M
Feb 2 2022
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
$1,268 / 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
$26,946
Tax year 2023
Assessed value
$1,342,156
Assessed 2023
Previous assessed
$1,347,720
-0.4% YoY
Effective rate
2.01%
On assessed value
Assessed land
$667,600
Assessed improvement
$674,556
Land market value
$667,600
Improvement market value
$674,556
Total market value
$1,342,156
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,289 SF
Lot
0.61 ac (26,702 SF)
Zoning code
C-NB
APN
68-43-42-16-04-037-0080
UPID
US18-2736690
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-NB · North Palm Beach, FL
Zoning C-NB · permitted uses
C-NB · 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.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Wash & Shine Car Wash LLC
Entity
Mailing address
707 NORTHLAKE BLVD, NORTH PALM BEACH, FL 33408-5207
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
$4,250,000
Wash & Shine Car Wash LLC
Wash & Wax Depot LLC
Warranty Deed
$3,804,000 · Lake Michigan Cu
Aug 26, 2019
$100
Fifty Four Hundred Flagler LLC
Arnold,james Y
Quit Claim Deed
related
—
Nov 20, 2018
$2,250,000
Wash & Wax Depot LLC
Northlake House LLC
Warranty Deed
$1,893,750 · Centerstate Bank Of Florida NA
Oct 1, 2013
$2,500,000
Northlake House LLC
S Schwei Ents LLC
Warranty Deed
$1,980,000 · Paradise Bank
Jun 14, 2006
—
S Schwei Ents LLC
Schweighardt,simon
Quit Claim Deed
related
—
Feb 17, 2005
—
S Schwei Enterprises INC
Simon Schweighardt
Quit Claim Deed
related
—
Dec 10, 2003
$295,000
Simon Schweighardt
Grieco,vito
Grant Deed
—
Mar 28, 2003
$250,000
Vito Grieco
D & P Southwest Inv LLC
Grant Deed
—
Aug 5, 2002
—
D Investments
Morrow,deans
Grant Deed
related
—
Oct 11, 2001
$325,000
Dean S Morrow
Varela,fernando L & Gwendolyn A
Grant Deed
—
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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