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Property profile & analytics
OFF-MARKET
Retail space
9 Canal S St, Belle Glade, FL 33430-3537
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-6267311
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
CONCRETE
Total area
621 SF
Lot
0.05 ac (1,969 SF)
Zoning code
R-1
APN
04-37-43-32-00-000-8210
UPID
US18-6267311
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
South Florida Water Management Dist · 1 yrs held
South Florida Water Management Dist
since 2025
Last sale
$131,000
6 recorded transactions
Zoning & alternative use
R-1 · Belle Glade, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$790
Tax year 2023
Assessed value
$25,355
Assessed 2023
Previous assessed
$23,365
+8.5% YoY
Effective rate
3.12%
On assessed value
Assessed land
$4,315
Assessed improvement
$21,040
Land market value
$4,315
Improvement market value
$21,040
Total market value
$25,355
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
6
Rooms
6
Bathrooms
2
Total area
621 SF
Lot
0.05 ac (1,969 SF)
Zoning code
R-1
APN
04-37-43-32-00-000-8210
UPID
US18-6267311
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-1 · Belle Glade, FL
Zoning R-1 · permitted uses
R-1 · Belle Glade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belle Glade. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Rooms
6
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
South Florida Water Management Dist
Entity
Free & Clear · 1 yrs held
Mailing address
7775 120TH AVE N, WEST PALM BCH, FL 33412-1470
Ownership since
2025
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
May 8, 2025
$131,000
South Florida Water Management Dist
Leo Moadab
Warranty Deed
—
Oct 23, 2018
$100
Leo Moadab
Sabetnia,zahra
Warranty Deed
related
—
Dec 15, 2014
—
Zahra|moadab Leo Sabetnia
Sabetnia,zahra
Quit Claim Deed
related
—
Oct 28, 2014
$34,000
Zahra Sabetnia
Five Star Barber Shop INC
Grant Deed
—
Oct 27, 2009
—
5 Star Barber Shop INC
—
Trustees Deed
related
$21,900 · First Bank
Dec 31, 1997
$15,000
5 Star Barber Shop INC
Belle Glade Chamber Of Commerc
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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