Lake Worth Beach Commercial
901 N Dixie Highway Lake Worth, FL 33460
For Sale
Contact for pricing
Fully leased commercial plaza on main thoroughfare with development opportunities.
Property Size4,788 SF
Price / SF$480.37
Days on Market135
Property Features for 901 N Dixie Highway
General Information
Standard status
Active
Size
4,788 SF
Property subtype
Mixed Use, Retail, Special Purpose, Office
Building Details
Year Built
1978
Listing Agency:
LPT Realty
Listed By:
Mike Luciano · License #SL3371345
Source:
Crexi
Added: Mar 16
Changed: Jul 6
Last Checked: Jul 24 at 1:57PM
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 LPT Realty
Investment Insights
Based on property information with market context.
This commercial plaza is located on a main thoroughfare in Lake Worth Beach. The property is fully leased with established tenants. The mixed-use zoning allows for many commercial uses and development opportunities. The property size is 4788 square feet.
Key Highlights
- Fully leased commercial plaza providing immediate income.
- Prime location on a main thoroughfare in Lake Worth Beach.
- Mixed Use Zoning allows for diverse commercial applications.
Financial Insights For Office B
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 | $218.3k | $45.60 |
| − Vacancy | −$49.1k | −$10.26 |
| EGI | $169.2k | $35.34 |
| − OpEx | −$42.3k | −$8.84 |
| NOI | $126.9k | $26.51 |
4,788 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.81M
$1.59M – $2.12M
NOI $126,906 @ 7.0% cap · market cap 5.52%
Second Best
Mixed Use
$1.18M
$1.03M – $1.38M
NOI $82,593 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $236,038 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased commercial plaza on main thoroughfare with development opportunities.
Where is this mixed-use property located?
The property is located at 901 N Dixie Highway Lake Worth, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully leased commercial plaza providing immediate income.; Prime location on a main thoroughfare in Lake Worth Beach.; Mixed Use Zoning allows for diverse commercial applications.
