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    ATLANTIC FLORIDA PROPERTIES

    8461 LAKE WORTH RD., #203, Lake Worth, FL 33467
    (561) 713-1141
    Web Site
    Size: under 10 agents

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    Property Types

    • Land
    • Commercial Lease

    Listings

    For Sale (4)

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    Waterfront Lot in Port Charlotte
    $64,500
    0.23 Acres

    Waterfront Lot in Port Charlotte

    Waterfront lot in desirable Port Charlotte neighborhood with Gulf access.

    409 Cheshire St, Port Charlotte, FL 33953
    View details
    Lake Worth Beach Multifamily Property
    $1,100,000
    620 SF

    Lake Worth Beach Multifamily Property

    Multifamily property in Lake Worth Beach with strong rental demand.

    602 N H St, Lake Worth, FL 33460
    View details
    Residential Land in Clewiston, Florida
    $49,000
    1.25 Acres

    Residential Land in Clewiston, Florida

    1.25 acre residential land suitable for boats and RVs.

    735 N Fronda St, Clewiston, FL 33440
    View details
    Land Available in Clewiston, Florida
    $49,000

    Land Available in Clewiston, Florida

    Land for sale in Clewiston, Florida.

    735 N Fronda St, Clewiston, FL 33440
    View details

    For Lease (5)

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    North Palm Beach Commercial Space
    $22,000
    568 SF

    North Palm Beach Commercial Space

    Commercial space on US Hwy 1, North Palm Beach, FL.

    11555 Us Highway 1, North Palm Beach, FL 33408
    View details
    Boynton Beach Commercial Lot For Rent
    $6,500 / Mo
    1,335 SF

    Boynton Beach Commercial Lot For Rent

    Commercial lot for rent in Boynton Beach, Florida.

    3675 N Federal Hwy, Boynton Beach, FL 33435
    View details
    Indiantown Commercial Space Available
    $2,500 / Mo
    32,468 SF

    Indiantown Commercial Space Available

    Flex space with covered and outdoor areas in Indiantown.

    17250 SW Railroad Ave, Indiantown, FL 34956
    View details
    Flex Space with Outdoor Area
    $2,500 / Mo

    Flex Space with Outdoor Area

    Flex space featuring covered and outdoor areas, secured by fencing.

    17250 SW Railroad Ave, Indiantown, FL 34956
    View details
    Prime Lot on Federal Highway
    $5,000 / Mo

    Prime Lot on Federal Highway

    Expansive lot on US 1 Federal Highway in Boynton Beach.

    3675 N Federal Hwy N, Boynton Beach, FL 33483
    View details

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    • For Lease

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    ATLANTIC FLORIDA PROPERTIES
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    ATLANTIC FLORIDA PROPERTIES
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