New search
Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Grocery and convenience stores
890 Us Hwy 27th N South Bay, FL 33493-1204
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5044620
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2006
Construction
STEEL FRAME
Total area
2,700 SF
Lot
5.57 ac (242,834 SF)
Zoning code
B-1
APN
58-36-44-11-00-000-3050
UPID
US18-5044620
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
-
Marathon Gas Gas Station
-
South Bay Jiffymart & Travel Plaza Parking Lot & Garage Gas Station
-
ATM (South Bay Jiffymart) Atm
-
Long Island Food Market Grocery & Convenience Store Food Market
-
Dos Amigos Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$620k
Owner & transaction history
Berner Oil Co INC · 6 yrs held
Berner Oil Co INC
since 2020
6 recorded transactions
Zoning & alternative use
B-1 · South Bay, 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 South Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Bay 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
$455,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$925,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$230 / 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
$35,805
Tax year 2023
Assessed value
$1,562,349
Assessed 2023
Previous assessed
$1,268,242
+23.2% YoY
Effective rate
2.29%
On assessed value
Assessed land
$789,240
Assessed improvement
$773,109
Land market value
$789,240
Improvement market value
$773,109
Total market value
$1,562,349
Applied tax rate
58,486.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,700 SF
Lot
5.57 ac (242,834 SF)
Zoning code
B-1
APN
58-36-44-11-00-000-3050
UPID
US18-5044620
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · South Bay, FL
Zoning B-1 · permitted uses
B-1 · South Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$925,000
WAREHOUSE, STORAGE
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
2006
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.57 ac
Current owner
From public records · entity-resolved
Berner Oil Co INC
Entity
Mailing address
440 E HAITI AVE, CLEWISTON, FL 33440-4641
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
—
Berner Oil Co INC
—
Deed
related
$417,385 · First Bk
May 25, 2010
—
Berner Oil Co INC
—
Deed Of Trust
related
$2,400,000 · First Bank
Jan 25, 2005
—
Berner Oil Co INC
—
Deed Of Trust
related
$1,500,000 · First Bk
—
—
Berner Oil Co INC
—
Loan Modification
related
$2,400,000 · First Bank
—
—
Berner Oil Co INC
—
Deed Of Trust
related
$2,326,915 · First Bank
—
—
Berner Oil Co INC
—
Loan Modification
related
$417,385 · First Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 890 Us Hwy 27th N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
