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Property profile & analytics
OFF-MARKET
Estimated value
$4,075,000
Warehouses
843 Belle Glade Rd Pahokee, FL 33476-1619
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6014118
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1980
Total area
22,896 SF
Lot
2.32 ac (100,872 SF)
Zoning code
GC
APN
48-37-42-20-01-009-0050
UPID
US18-6014118
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
$4.62M
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$4.08M
Owner & transaction history
Perez Investment INC · 10 yrs held
Perez Investment INC
since 2016
4 recorded transactions
Zoning & alternative use
GC · Pahokee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(0.25) (c) Permitted uses. Uses permitted within this district are identified in article V. (d) Accessory uses. Accessory uses and accessory use regulations are identified in article V. Sec. 14-60. - General commercial (GC) district. (a) Intent. The intent of the GC district is to promote the development of commercial uses which provide a variety of basic go…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
43.73 ac
Source
code of ordinances
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 Pahokee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pahokee 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%
$5,000,000
6.5%
$4,620,000
7%
$4,290,000
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±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
$178 / 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
$2,751
Tax year 2023
Assessed value
$165,039
Assessed 2023
Previous assessed
$166,466
-0.9% YoY
Effective rate
1.67%
On assessed value
Assessed land
$143,743
Assessed improvement
$21,296
Land market value
$143,743
Improvement market value
$21,296
Total market value
$165,039
Applied tax rate
48,486.0000
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
Year built
1980
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
16
Total area
22,896 SF
Lot
2.32 ac (100,872 SF)
Zoning code
GC
APN
48-37-42-20-01-009-0050
UPID
US18-6014118
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
GC · Pahokee, FLZoning GC · permitted uses
GC · Pahokee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(0.25) (c) Permitted uses. Uses permitted within this district are identified in article V. (d) Accessory uses. Accessory uses and accessory use regulations are identified in article V. Sec. 14-60. - General commercial (GC) district. (a) Intent. The intent of the GC district is to promote the development of commercial uses which provide a variety of basic goods and services for city residents. The district is intended to be located in are
Zone name
General Commercial
General category
COMMERCIAL
Zone area
43.73 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
16
Lot
2.32 ac
Current owner
From public records · entity-resolved
Perez Investment INC
Entity
Free & Clear · 10 yrs held
Mailing address
691 E MAIN ST, PAHOKEE, FL 33476-1403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
—
Emilio Perez
—
Deed
related
$450,000 · Rgsg INC
Jan 12, 2016
—
Perez Investment INC
City Of Pahokee
Quit Claim Deed
related
—
Nov 17, 2015
—
Perez Investment INC
City Of Pahokee
Quit Claim Deed
related
—
Aug 2, 2006
—
City Of Pahokee
Palm Beach County Florida
Grant Deed
—
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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