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Property profile & analytics
OFF-MARKET
Estimated value
$3,275,000
Commercial land
W Palm Beach, FL 33404
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-6486846
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.11 ac (4,805 SF)
Zoning code
DC
APN
56-43-42-33-06-016-0291
UPID
US18-6486846
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
$3.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.28M
Owner & transaction history
Js 12 Real Estate Holdings LLC · 4 yrs held
Js 12 Real Estate Holdings LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
DC · Palm Beach, 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 Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Beach 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
$3,545,000
ML approach
$3,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.28M
Range $2.95M – $3.60M · ±10% · vs last sale $3.00M (Oct 15 2021)
Last sale anchor
$3.00M
Oct 15 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
—
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
$1,495
Tax year 2023
Assessed value
$72,045
Assessed 2023
Previous assessed
$72,621
-0.8% YoY
Effective rate
2.08%
On assessed value
Assessed land
$72,045
Land market value
$72,045
Total market value
$72,045
Applied tax rate
56,407.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.11 ac (4,805 SF)
Zoning code
DC
APN
56-43-42-33-06-016-0291
UPID
US18-6486846
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DC · Palm Beach, FL
Zoning DC · permitted uses
DC · Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Js 12 Real Estate Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5850 CENTENNIAL CTR BLVD, LAS VEGAS, NV 89149-4570
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$3,000,000
Js 12 Real Estate Holdings LLC
Beacon Hill South LLC
Warranty Deed
—
Jun 15, 2013
$425,000
Beacon Hill South LLC
White Family Trust
Grant Deed
$300,000 · White Family Trust (pt)
Jul 15, 2010
$150,100
White Family Trust
Re Palm Beach Partners Coc
Trustees Deed
—
Nov 9, 2005
$1,000,000
Re Palm Beach Partners LLC
White,clyde W & Myrna E
Warranty Deed
$750,000 · White Family Trust (tr) 006329
—
—
Beacon Hill South LLC
—
Deed Of Trust
related
$200,000 · Stanley J Gundlach
—
—
Re Palm Beach Partners LLC
—
Deed Of Trust
related
$200,000 · Frank Storti
—
—
Beacon Hill South LLC
—
Loan Modification
related
$250,000 · Stanley J Gundlach
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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