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00-43-44-XX-XX-XXX-0000

Ranked

[Example Rd], Palm Springs, FL · Palm Springs · 2.4 ac · Commercial

SANDPIPER PLAZA PROPERTIES LLC · Family Trust · source: Calibration Fixture

Composite
0.839
rank #1 · 100% pctile
The win-win — read the three lines together
$0$498K$996K$1.49M$1.99M$2.49MOwner basis$310KCurrent-use value$1.31MMaxBasis₉ — most we can pay$2.49Mbasis spread 8.0× — life-changing offer, our floor intact

We can offer this owner a multiple of their basis and still clear our 9.00% floor — the LLA changed what the land is for, and they don't know it yet.

MaxBasis₉
$2.49M
$23,065 / unit
Ex-land YOC
9.87%
trended
Basis spread
8.0×
MaxBasis ÷ basis
Rent / cap
0.80
≤1.0 ideal
Entitlement · 2026.06-hb1389
EligibilityCommercial Industrial Mixed Use
Units108
Binding constraintDensity
Density45 du/ac
Height5 fl (entitled 6)
ParkingPartial Reduction
71-unit gatePass
Underwrite (screening grade)
Blended 120% cap rent$3,251
Market rent est.$2,610
Effective rent$2,480
NOI (Yr 2)$2.33M
NOI (trended)$2.55M
Cost ex-land$25.79M
Abatement value / yr$389K
Ownership story
Owner typeFamily Trust
Tenure40 yr
AbsenteeYes
UnleveragedYes
ProbateNo
Conversion score0.80
long_tenure(40y)absenteeunleveraged
Composite breakdown
Basis spread
1.00
Owner conversion
0.80
Ex-land yield
0.47
Rent / cap fit
0.80
Transit / parking
1.00
71-unit gate
1.00
Assemblage
0.60