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Fenced Automotive Property with Office
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4556 10TH Avenue N, Lake Worth, FL 33463

Fenced commercial site with an on-site office building for automotive operations.

Property Size1,200 SF
Lot Size1.40 Acres
Price / SF$10.83
Days on Market51

Property Features for 4556 10TH Avenue N

General Information

Standard status Active
Size 1,200 SF
Lot size 1.40 Acres
Property subtype Commercial

Additional Details

Fenced Yard Yes
Land Use commercial

Amenities

Acres: 1.4, Square Feet: 60789, Features: 1 To Less Than 2 Acre Lot, Oversized Lot
Roof: Other Roof/Roof Structure, Other
Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
Parcel Number: 00424424010000260, Tax Annual Amount: $17,260, Tax Legal Description: MODEL LAND CO SUB OF N 1/2 TR 21 (LESS PL OF KENWOOD~ RD R/W OF MILITARY TR~ 10TH AVE NORTH & ADDL R/W), Tax Year: 2025
Flooring: Tile
Cooling: Central Air
Heating: Central
Business Type: Office/Warehouse Combination, Office Space, Lease Considered, Lease Term: Annual Lease, Number Of Units Total: 1, Special Listing Conditions: Lease, Standard Status: Active
Parking Total: 100
Construction Materials: Other, Stories: 1, Year Built: 1985, Building Area Total: 1200, Structure Type: Office/Retail, Office, Professional, Commercial
County Or Parish: Palm Beach County
Leasable Area Units: Square Feet
Units In Community: 1
Electric On Property YN: t, Electric: Other Electric, Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available
Possession: Rental Agreement
Water Source: Public
Road Frontage Type: City Street, City/County Maintained, City, Road Responsibility: Public Maintained Road
Features: No Fire Protection, No Security

Building Details

Year Built 1985
Buildings 1
Listing Agency: Atlantic Florida Properties In
Listed By: Joseph A DeFalco · License #3205517
Source: Riserealty
Added: Sep 11 Changed: Oct 31 Last Checked: Oct 30 at 4:21PM

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 Atlantic Florida Properties In

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This automotive property comprises 1.4 acres with an approximately 1200-square-foot office building. The office provides enclosed space for sales, administration, or customer service, while the fenced perimeter supports a defined operating area for an automotive business. The property was built in 1985.

Located at 4556 10th Avenue N in Lake Worth, Florida, the site combines usable land with existing office improvements. Its configuration is suited to an auto sales operation or related automotive use, as described for the property.

Key Highlights

  • 1.4‑acre automotive property with an approximately 1200‑square‑foot office building
  • Fenced perimeter provides a defined commercial operating area
  • Office space supports sales, administration, or customer service functions

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,955
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,100 $259.1K
Cap Rate 7%
$185,071 $185.1K
Cap Rate 9%
$143,944 $143.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$19.6K $16.32/SF
− Vacancy
−$1.1K −$0.90/SF
EGI
$18.5K $15.42/SF
− OpEx
−$5.6K −$4.63/SF
NOI
$13.0K $10.80/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,100
Cap Rate 7%
$185,071
Cap Rate 9%
$143,944

Alternative Uses

Best Use
Retail
$289.9K
$253.6K – $338.2K (±1% cap)
NOI $20,291 @ 7.0% cap · market cap 156.08%
Second Best
Industrial
$185.1K
$161.9K – $215.9K (±1% cap)
NOI $12,955 @ 7.0% cap · market cap 99.65%
Theoretical Best
Office A
$845.1K
$739.5K – $986.0K (±1% cap)
NOI $59,158 @ 7.0% cap · market cap 455.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

10th Ave Motors Car Dealership

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby
84k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Groceries 13% Home Improvements & Furnishings 1%
Wawa Shops & Services
32,155 visits/mo 0.1 miles
Cumberland Farms Shops & Services
17,285 visits/mo 0.5 miles
India Bazaar Groceries
11,334 visits/mo 0.5 miles
Bank of America Shops & Services
10,235 visits/mo 0.5 miles
Dollar General Shops & Services
7,455 visits/mo 0.1 miles

Demographics for 33463, FL

64,608
Population
22,696
Households
2.8
Avg Household Size
37
Median Age
25%
College-Educated
82%
High-School Grad
10.8 sq mi
ZIP Area
5,982
Density / Sq Mi
$68,697
Median Household Income
$34,846
Median Earnings
$1,721
Median Rent
$326,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

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  • U-Haul Neighborhood Dealer — 3546 s military trail, lake worth, fl 33463
  • U-Haul Neighborhood Dealer — 3285 S Military Trl, Lake Worth Beach, FL 33463
  • La Stalla | Exotic Car Rentals | West Palm Beach — 4864 10th ave n, greenacres, fl 33463
  • U-Haul Neighborhood Dealer — 2909 S Military Trl, West Palm Beach, FL 33415

Frequently Asked Questions

What type of property is this?
Automotive property - Fenced commercial site with an on-site office building for automotive operations.
Where is this automotive property located?
The property is located at 4556 10TH Avenue N Lake Worth, FL.
What are key features of this property?
This property features: 1.4‑acre automotive property with an approximately 1200‑square‑foot office building; Fenced perimeter provides a defined commercial operating area; Office space supports sales, administration, or customer service functions
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