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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Automotive properties
906 10th E St, Palmetto, FL 34221-4122
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-9027633
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1958
Construction
CONCRETE
Total area
7,200 SF
Lot
3.76 ac (164,003 SF)
Zoning code
LM
APN
25790.1000-6
UPID
US18-9027633
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
$1.65M
Blend (final)
Blend
$1.89M
Owner & transaction history
Everglades Farm Equipment Co I · 13 yrs held
Everglades Farm Equipment Co I
since 2013
5 recorded transactions
Zoning & alternative use
LM · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,315,000
Current use
RETAIL STORES
$2,155,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,070,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$262 / 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
$32,751
Tax year 2023
Assessed value
$1,637,758
Assessed 2023
Previous assessed
$1,471,537
+11.3% YoY
Effective rate
2.00%
On assessed value
Assessed land
$727,641
Assessed improvement
$910,117
Land market value
$727,641
Improvement market value
$910,117
Total market value
$1,637,758
Applied tax rate
1.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
1
Units
1
Bathrooms
3
Total area
7,200 SF
Lot
3.76 ac (164,003 SF)
Zoning code
LM
APN
25790.1000-6
UPID
US18-9027633
Jurisdiction
MANATEE
Zoning & alternative use
LM · Palmetto, FL
Zoning LM · permitted uses
LM · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.3M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.1M
AUTO REPAIR, GARAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1958
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
4
Units
1
Bathrooms
3
Lot
3.76 ac
Current owner
From public records · entity-resolved
Everglades Farm Equipment Co I
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 910, BELLE GLADE, FL 33430-0910
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2017
—
Efe INC
—
Grant Deed
related
$11,300,000 · Bank Of America
May 21, 2013
$1,700,000
Everglades Farm Equipment Co I
Alegra LLC
Grant Deed
—
Jan 8, 2008
$3,434,000
Alegra LLC
Southern Farm Supply INC
Grant Deed
$2,905,666 · Compass Bank
—
—
Highland Tractor Co
—
Deed Of Trust
related
$3,881,500 · Usameribank
—
—
Southern Farm Supply INC
—
Deed Of Trust
related
$400,000 · Gold Bank NA
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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