Entity Owned Property summary
AI-generated overview
An industrial property containing 2,400 square feet of space, located at 8360 Currency Dr in West Palm Beach, Florida.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Construction
STEEL FRAME
Total area
16,380 SF
Lot
1.1 ac (48,051 SF)
Zoning code
IL
APN
00-43-42-19-05-005-0090
UPID
US18-0240862
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sustainability Organization Advocacy Group
-
Industrial Manufacturer Production Facility
-
(Bike/Boat/Book/etc) Store Printing Service
-
Auto Parts Store
-
Hardware & Home Improvement
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.76M
CAP Approach
CAP
$3.83M
Comparable Approach
Comparable
$3.79M
Blend (final)
Blend
$2.93M
Owner & transaction history
since 2025
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
IL · West Palm Beach, FL
Zoning description
d Transition District (RTD). Secs. 94-150-94-170. - Reserved. ARTICLE VI. - INDUSTRIAL DISTRICT Article VI. Footnotes Sec. 94-171. - Intent. Sec. 94-172. - General development standards. Sec. 94-173. - Industrial light (…
General category
INDUSTRIAL
Top alternative use upside
Office building
$5.8M
+55.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.93M
Value range
$2.64M – $3.22M
±10% around blend
Estimated value / SF
$179 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$2.64M
blend $2.93M
$3.22M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
16,380 SF
Lot area
1.1 ac
Year built
1999
Stories
1
APN
00-43-42-19-05-005-0090
Zoning
IL
Assessed value
$1,886,539
Annual tax
$31,472
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.83M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.15M
@ 6.5% CAP return
$3.83M
@ 7% CAP return
$3.55M
4
Sales comparison
Partial preview
Sales approach indication
$3.79M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.1 mi away · 11,738 SF
2.0 mi away · 19,270 SF
2.1 mi away · 15,268 SF
2.4 mi away · 13,745 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.93M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$227
-21%
Submarket 370 sales
$389
-54%
County 866 sales
$470
-62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $179/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+56%
vs current-use indication
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.50%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.50%
9.0%
NOI (est.)
$245k *
Last sale · May 2025
$3.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.88M
Move the market yield to see immediate price impact.
Value / SF
$176
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.00%8.50%9.00%
$221k
$2.76M
$2.59M
$2.45M
$245k
$3.06M
$2.88M
$2.72M
$270k
$3.37M
$3.17M
$2.99M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$4.75M
0.9 mi · Sep 2025 · $253/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,472
Tax year 2023
Assessed value
$1,886,539
Assessed 2023
Previous assessed
$1,544,976
+22.1% YoY
Effective rate
1.67%
On assessed value
Assessed land
$494,915
Assessed improvement
$1,391,624
Land market value
$494,915
Improvement market value
$1,391,624
Total market value
$1,886,539
Applied tax rate
227.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
16,380 SF
Lot
1.1 ac (48,051 SF)
Zoning code
IL
APN
00-43-42-19-05-005-0090
UPID
US18-0240862
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IL · West Palm Beach, FLZoning IL · permitted uses
IL · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
d Transition District (RTD). Secs. 94-150-94-170. - Reserved. ARTICLE VI. - INDUSTRIAL DISTRICT Article VI. Footnotes Sec. 94-171. - Intent. Sec. 94-172. - General development standards. Sec. 94-173. - Industrial light (…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
IL
INDUSTRIAL
Jurisdiction
West Palm Beach, FL
Recorded code
IL
Official district
IL
Official district profile
What the municipal code says about IL
Zoning description
d Transition District (RTD). Secs. 94-150-94-170. - Reserved. ARTICLE VI. - INDUSTRIAL DISTRICT Article VI. Footnotes Sec. 94-171. - Intent. Sec. 94-172. - General development standards. Sec. 94-173. - Industrial light (…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in West Palm Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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