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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Showrooms
7340 Westport Pl, West Palm Beach, FL 33413-1661
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-0472116
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1990
Construction
STEEL FRAME
Total area
16,530 SF
Lot
1.01 ac (44,048 SF)
Zoning code
IL
APN
00-42-43-33-03-000-0080
UPID
US18-0472116
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
-
21st Century Exhaust Department Store
-
Srs Architectural Woodwork Crp General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Ronald R Johns · 9 yrs held
Ronald R Johns
since 2017
3 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
$120 / 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
$33,123
Tax year 2023
Assessed value
$2,054,846
Assessed 2023
Previous assessed
$1,747,444
+17.6% YoY
Effective rate
1.61%
On assessed value
Assessed land
$660,690
Assessed improvement
$1,394,156
Land market value
$660,690
Improvement market value
$1,394,156
Total market value
$2,054,846
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
2
Total area
16,530 SF
Lot
1.01 ac (44,048 SF)
Zoning code
IL
APN
00-42-43-33-03-000-0080
UPID
US18-0472116
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
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
Ronald R Johns
Individual
Mailing address
4000 CHESTNUT GLADE RD, SOUTH FULTON, TN 38257-8940
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2017
$1,750,000
Ronald R Johns
Vcna Prestige Gunite INC
Special Warranty Deed
$1,750,000 · Wells Fargo Bank NA
Oct 1, 2007
$2,400,000
Prestige Mobile Concrete Of Orlan
Prestige Corporate Headquarter
Grant Deed
—
Nov 23, 2005
$1,500,000
Prestige Corporate Headquarter
Holland Pump Mfg INC
Warranty Deed
$1,350,000 · Grand Bank & Trust Of Florida
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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