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Commercial Building Investment Opportunity

4259 10th Avenue North Lake Worth, FL 33461

4259 10th Avenue North, Lake Worth, FL, 33461
$990,000
For Sale
Claim this Listing
$990,000

Commercial building with immediate rental income and owner occupancy potential.

Property Size2,320 SF
Price / SF$426.72
AddedMay 5
Days on Market72
Last RefreshJul 13 at 12:25 pm

Property Features for 4259 10th Avenue North

General Information

Standard status
Active
Size
2,320 SF
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1989

Listing office United Realty Group Inc.

Listing date May 5, 2026

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group Inc.


Investment Insights

Based on property information with market context.

This commercial building presents an opportunity for both investment and owner occupancy. One side of the building is currently leased, generating immediate rental income. The other side offers the potential for owner occupancy or additional rental revenue. The property is situated in a desirable area, providing good visibility and accessibility. The property has a size of 2320 square feet.

Key Highlights

  • Great Location near the park
  • Recently renovated kitchen with stainless steel appliances
  • Spacious backyard perfect for entertaining

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $69.6k $30.00
− Vacancy −$5.6k −$2.40
EGI $64.0k $27.60
− OpEx −$24.0k −$10.35
NOI $40.0k $17.25
2,320 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$571.7K
$500.3K – $667.0K (±1% cap)
NOI $40,020 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,371 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

All Care Family ... Medical Clinic pain management west ... Physician All Care Pain ... Physician NUTRITION WEIGHT LOSS ... Vitamin & Supplements Store 10th Ave Chiropractors Alternative Medicine Practice

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Dental Office Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Commercial building with immediate rental income and owner occupancy potential.
Where is this mixed-use property located?
The property is located at 4259 10th Avenue North Lake Worth, FL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Great Location near the park; Recently renovated kitchen with stainless steel appliances; Spacious backyard perfect for entertaining
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