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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Auto shops
7071 Military Trl, West Palm Beach, FL 33410-6443
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4685081
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1956
Construction
WOOD
Total area
1,372 SF
Lot
0.53 ac (23,278 SF)
Zoning code
IL
APN
56-42-42-25-00-000-7011
UPID
US18-4685081
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
-
St. Lucie Battery and Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$386k
Blend (final)
Blend
$560k
Owner & transaction history
Slbt Land Holdings LLC · 4 yrs held
Slbt Land Holdings LLC
since 2021
Last sale
$495,000
7 recorded transactions
Zoning & alternative use
IL · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$740,000
+5.2%
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
Method
Estimation
Statistic approach
$655,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$705,000
Current use
MEDICAL BUILDING
$740,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$570,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $495k (Dec 14 2021)
Last sale anchor
$495k
Dec 14 2021
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
$408 / 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
$19,775
Tax year 2023
Assessed value
$899,557
Assessed 2023
Previous assessed
$812,891
+10.7% YoY
Effective rate
2.20%
On assessed value
Assessed land
$529,342
Assessed improvement
$370,215
Land market value
$529,342
Improvement market value
$370,215
Total market value
$899,557
Applied tax rate
56,401.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
1,372 SF
Lot
0.53 ac (23,278 SF)
Zoning code
IL
APN
56-42-42-25-00-000-7011
UPID
US18-4685081
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$705,000
MEDICAL BUILDING
Est. value
$740,000
RETAIL STORES
Est. value
$570,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
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
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Slbt Land Holdings LLC
Entity
Mailing address
5500 ORANGE AVE, FORT PIERCE, FL 34947-1309
Ownership since
2021
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 14, 2021
$495,000
Slbt Land Holdings LLC
St Lucie Battery & Tire Company
Warranty Deed
$495,000 · Seacoast National Bank
Dec 6, 2017
—
St Lucie Battery & Tire Co
—
Deed
related
$435,000 · Seacoast Nat'l Bk
Aug 21, 2013
$575,000
St Lucie Battery & Tire Company
Dolphin Tire Co Of Florida
Warranty Deed
$435,000 · Palm Beach Community Bank
Apr 28, 1999
—
Dolphin Tire Co Of Florida
Dolphin Tire Co Of Florida
Quit Claim Deed
related
$185,000 · Southtrust Bank NA
—
—
Dolphin Tire Co Of Florida
—
Deed Of Trust
related
$300,000 · Palm Beach Community Bank
—
—
St Lucie Battery & Tire Co
—
Loan Modification
related
$435,000 · Seacoast Nat'l Bk
—
—
Dolphin Tire Co Of Florida
—
Deed Of Trust
related
$535,000 · Bankatlantic Fsb
—
—
Dolphin Tire Co Of Florida
—
Deed Of Trust
related
$100,000 · Palm Beach Community Bank
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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