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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Grocery and convenience stores
7289 Gdn Rd 101 Riviera Beach, FL 33404-4916
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US19-0387234
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2017
Construction
CONCRETE
Total area
6,090 SF
Lot
2.5 ac (108,978 SF)
Zoning code
CG
APN
56-43-42-30-11-002-0000
UPID
US19-0387234
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
$1.52M
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.21M
Owner & transaction history
Vcc Riviera Beach LLC · 8 yrs held
Vcc Riviera Beach LLC
since 2017
7 recorded transactions
Zoning & alternative use
CG · Riviera 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 Riviera Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riviera 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,640,000
6.5%
$1,515,000
7%
$1,405,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,795,000
Current use
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10%
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
$199 / 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
$79,279
Tax year 2023
Assessed value
$3,461,823
Assessed 2023
Previous assessed
$3,384,529
+2.3% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,970,340
Assessed improvement
$1,491,483
Land market value
$1,970,340
Improvement market value
$1,491,483
Total market value
$3,461,823
Applied tax rate
56,407.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,090 SF
Lot
2.5 ac (108,978 SF)
Zoning code
CG
APN
56-43-42-30-11-002-0000
UPID
US19-0387234
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Riviera Beach, FL
Zoning CG · permitted uses
CG · Riviera Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riviera Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2017
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Vcc Riviera Beach LLC
Entity
Mailing address
PO BOX 1517, VINELAND, NJ 08362-1517
Ownership since
2017
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
Dec 15, 2017
—
Vcc Palm Springs LLC
—
Grant Deed
related
$9,500,000 · Branch Bk&tr
Sep 15, 2017
$6,915,000
Vcc Riviera Beach LLC
2015 Garden-riviera Beach LLC
Grant Deed
—
Nov 1, 2013
$2,500,000
Harvest Investment Intl INC
Mfc Co INC
Grant Deed
related
$1,320,000 · New Wave Loans Residential LLC
May 10, 2013
$1,650,100
Mfc Co INC
Kavi LLC Coc
Trustees Deed
related
—
Oct 7, 2008
—
Kavi LLC
—
Deed Of Trust
related
$5,500,000 · Northern Trust Co
May 14, 2008
—
Kavi LLC
—
Deed Of Trust
related
$5,500,000 · Northern Trust Co
Feb 18, 2003
$2,850,000
Kavi LLC
Garden Properties Lc
Grant Deed
related
$2,200,000 · Wachovia Bank NA
Mar 8, 2000
$2,075,000
Properties Lc Garden
Gardens Office Center Ptshp
Grant Deed
related
$1,556,250 · Gulfstream Business Bank
—
—
Kavi LLC
—
Deed Of Trust
related
$5,500,000 · Northern Trust Co
—
—
Kavi LLC
—
Deed Of Trust
related
$5,440,883 · Northern Trust Co
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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