Financial
Distress signals
Property profile

1425 Watertower Rd Lake Park, FL 33403

OFF-MARKET
Distribution centers
Property ID
US18-3439712
26,093 SF 3.76 ac lot Built 1999
Last sale Nov 2021 · $5,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of an industrial warehouse totaling approximately 20,693 square feet, accompanied by an office space of approximately 5,400 square feet, situated on a 3.76-acre site. The warehouse is equipped with three dock-high doors, one van-high door, and one drive-in door, and it has a ceiling height of 20 feet. The site is fully fenced and secured and provides on-site surface parking with 40 spaces, including two handicap-accessible spaces, at a documented ratio of 1.78 spaces per

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$122k
Tax billed · 2023
Assessed value$5.37M
Assessed land$1.80M
Assessed improvement$3.57M
Effective rate2.27%

Value estimate

· Sep 2026
$6.74M
$6.07M – $7.41M
AI approach$6.92M
CAP approach$4.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$2,077/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$210 – $4,273

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CLIC
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. ...
General categoryMIXED_USE
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.8
Parking Facility15.3
Hotel & Motel13.6

Location

1425 Watertower Rd Lake Park, FL 33403-2337
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1209 Gtwy Rd, Lake Park, FL 33403-1929 $327,500 Dec 2025 1,078 SF
1334 Killian Dr, Lake Park, FL 33403-1950 $315,000 Jan 2025 1,322 SF
1338 Killian Dr, Lake Park, FL 33403-1951 $292,000 Oct 2024 1,264 SF
1310 Killian Dr, Lake Park, FL 33403-1928 $665,000 May 2024 1,120 SF
804 Old Dixie Hwy, Lake Park, FL 33403-2353 $340,000 Jun 2021 2,321 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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