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Property profile & analytics
OFF-MARKET
Warehouses
7093 Southern Blvd West Palm Beach, FL 33413-1627
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0940412
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Lot
1.2 ac (52,481 SF)
Zoning code
IL
APN
00-42-43-27-05-006-3704
UPID
US18-0940412
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blind Beak LLC · 1 yrs held
Blind Beak LLC
since 2025
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
—
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
$12,079
Tax year 2023
Assessed value
$791,527
Assessed 2023
Previous assessed
$647,178
+22.3% YoY
Effective rate
1.53%
On assessed value
Assessed land
$787,680
Assessed improvement
$3,847
Land market value
$787,680
Improvement market value
$3,847
Total market value
$791,527
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Heating
NONE
Lot
1.2 ac (52,481 SF)
Zoning code
IL
APN
00-42-43-27-05-006-3704
UPID
US18-0940412
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
Heating
NONE
Lot
1.2 ac
Current owner
From public records · entity-resolved
Blind Beak LLC
Entity
Free & Clear · 1 yrs held
Mailing address
197 65TH TER N, WEST PALM BEACH, FL 33413-1715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Blind Beak LLC
7093 LLC
Quitclaim Deed
related
—
Apr 20, 2018
—
7093 LLC
Lurtz,peter
Quit Claim Deed
related
—
Jun 17, 2008
—
7093 LLC
Lurtz Peter Trust
Quit Claim Deed
related
—
Feb 5, 2008
—
Lurtz Peter Trust
7093 LLC
Quit Claim Deed
related
—
Sep 28, 2007
—
Peter Lurtz
Lurtz,peter
Quit Claim Deed
related
—
Apr 7, 2006
$31,000
Helmut Lurtz
Smith,elmer G & Marcelle
Warranty Deed
—
Apr 7, 2006
—
Peter Lurtz
Smith,elmer G & Marcelle
Warranty Deed
—
Jun 14, 2005
—
Peter Lurtz
Lutz Hilmut H P Trust
Warranty Deed
related
—
Nov 18, 2004
—
Lurtz Helmut H P Trust
Lurtz,helmut
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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