Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
721 Us Hwy 1st Ste 213 North Palm Beach, FL 33408-4527
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1008437
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
CONCRETE BLOCKS
Total area
1,200 SF
APN
68-43-42-16-20-000-0180
UPID
US18-1008437
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
Noble Knight Properties LLC · 4 yrs held
Noble Knight Properties LLC
since 2022
Last sale
$78,000
7 recorded transactions
Zoning & alternative use
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
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
$3,301
Tax year 2023
Assessed value
$156,601
Assessed 2023
Previous assessed
$138,853
+12.8% YoY
Effective rate
2.11%
On assessed value
Assessed improvement
$156,601
Improvement market value
$156,601
Total market value
$156,601
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
1,200 SF
APN
68-43-42-16-20-000-0180
UPID
US18-1008437
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
NONE
Current owner
From public records · entity-resolved
Noble Knight Properties LLC
Entity
Mailing address
721 US HWY 1ST STE #212, NORTH PALM BEACH, FL 33408-4527
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
—
Noble Knight Properties LLC
Terri Chalaire
Quit Claim Deed
related
—
Mar 8, 2012
$78,000
Terri Chalaire
Pn Properties Central LLC
Warranty Deed
—
Sep 28, 2007
$190,000
Pn Properties North LLC
721 Us Hwy 1 LLC
Warranty Deed
—
May 25, 2004
$120,000
721 Us Hwy I LLC
Comptek Group INC
Grant Deed
$180,000 · Greenpoint Mortgage Funding
Feb 4, 1998
$65,000
Comptek Group INC
Cohen,edward J & Seth
Grant Deed
$55,000 · Seller
—
—
Pn Properties Central LLC Pnc
—
Deed Of Trust
related
$60,000 · Gerard Chachia
—
—
Comptek Group INC
—
Deed Of Trust
related
$57,980 · Advantage Bank Fsb
—
—
Pn Properties Central LLC
—
Deed Of Trust
related
$45,000 · John J Smith
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 721 Us Hwy 1st Ste, Unit 213?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
