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Property profile & analytics
OFF-MARKET
Estimated value
$8,050,000
Day care centers
850 Belle Glade Gdns Belle Glade, FL 33430-4944
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6111694
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1990
Construction
WOOD
Total area
5,273 SF
Lot
0.63 ac (27,530 SF)
Zoning code
R-3
APN
04-37-44-06-03-003-0000
UPID
US18-6111694
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
$8.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.05M
Owner & transaction history
Palm Glade Apts LLC · 5 yrs held
Palm Glade Apts LLC
since 2021
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
R-3 · Belle Glade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to provide single family, two family and multi family dwellings to the community
Zone name
Residential Up To 34.8 Dwelling Units Per Acre
General category
RESIDENTIAL
Zone area
93.21 ac
Source
Realmo
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 Belle Glade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belle Glade 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
$8,690,000
ML approach
$8,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.05M
Range $7.25M – $8.86M · ±10% · vs last sale $7.35M (Jun 21 2021)
Last sale anchor
$7.35M
Jun 21 2021
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
$1,527 / 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
$3,600
Tax year 2023
Assessed value
$216,337
Assessed 2023
Previous assessed
$57,500
+276.2% YoY
Effective rate
1.66%
On assessed value
Assessed land
$20,647
Assessed improvement
$195,690
Land market value
$20,647
Improvement market value
$195,690
Total market value
$216,337
Applied tax rate
4,486.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,273 SF
Lot
0.63 ac (27,530 SF)
Zoning code
R-3
APN
04-37-44-06-03-003-0000
UPID
US18-6111694
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Belle Glade, FLZoning R-3 · permitted uses
R-3 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to provide single family, two family and multi family dwellings to the community
Zone name
Residential Up To 34.8 Dwelling Units Per Acre
General category
RESIDENTIAL
Zone area
93.21 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Palm Glade Apts LLC
Entity
Mailing address
1201 N ORANGE ST STE #7140, WILMINGTON, DE 19801-1195
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Palm Glade Apts LLC
—
Deed
related
$33,500,000 · Bank Of Montreal
Dec 28, 2021
—
Palm Glade Apts LLC
—
Deed
related
$33,500,000 · Uc Funding LLC
Jun 21, 2021
—
Palm Glade Apts LLC
Palm Glade LLC
Intrafamily Transfer
related
$11,407,015 · Irvin Pena
Dec 2, 2019
—
Palm Glade LLC
—
Grant Deed
related
$7,900,000 · Altamar Financial Group LLC
Sep 24, 2019
$7,350,000
Palm Glade LLC
Units Belle Glade In Ytech-384
Trustees Deed
$3,900,000 · Ytech-384 Units Belle Glade In
Apr 16, 2013
$7,600,000
Ytech 384 Units Belle Glade Investm
Greystone Belle Glade LLC
Special Warranty Deed
$5,350,000 · First National Bank Of South Miami
Jun 6, 2012
—
Federal Natl Mtg Assn Fnma
Blue Valley Apartments INC
Grant Deed
—
Jun 6, 2012
$3,950,000
Greystone Belle Glade LLC
Federal Natl Mtg Assn Fnma
Grant Deed
—
Feb 22, 2012
$100
Blue Valley Apartments INC
Prince Of Belle Glade Gar Coc
Trustees Deed
related
—
Jan 30, 2008
—
Prince Of Belle Glade Gardens LLC
Castello Brothers LLC
Grant Deed
$8,778,856 · Greystone Svcg
Apr 6, 2006
$10,200,000
Castello Brothers LLC
Belle Rp LLC
Grant Deed
$5,000,000 · Lewis V Swezy
Mar 17, 2005
$9,500,000
Belle Rp LLC
Palm Glade Acquisition Corp
Grant Deed
—
—
—
Units Belle Glade In Ytech-384
—
Deed Of Trust
related
$2,075,000 · First Nat'l Bk/s Miami
—
—
Greystone Belle Glade LLC
—
Deed Of Trust
related
$4,230,000 · Greystone Funding Corp
—
—
Units Belle Glade In Ytech-384
—
Loan Modification
related
$1,250,000 · First Nat'l Bk/s Miami
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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